Two-Family Home with Rental
For Sale
$449,800
55 Rebekah Street, Woonsocket, RI 02895
Residential Income, Woonsocket, RI
Property Size2,072 SF
Lot Size0.10 Acres
Price / SF$217.08
Days on Market62
Property Features for 55 Rebekah Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 1, Basement, Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 5, Bedroom 4
Parking
5
Parking features
None
Interior features
Wall (Plaster), Plumbing (Mixed), Insulation (Unknown)
Basement
Full, Unfinished
Appliances
Microwave, Oven, Range, Refrigerator, Gas Water Heater
Standard status
Active
Size
2,072 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
4207
Utilities
Heating system
Steam, Natural Gas
Building Details
Year built
1913
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Vinyl, Tile - Ceramic
Building materials
Plaster, Vinyl Siding
Listing Agency:
Keller Williams Leading Edge · Keller Williams Realty
(401) 333-4900
Listed By:
Riley White · License #REB.0019467
(401) 575-1285
Added: Aug 6
Changed: Sep 27
Last Checked: Oct 6 at 2:06AM
MLS# 1420020
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,072-square-foot duplex contains two separate residences. The first-floor unit has three bedrooms, one full bathroom, and direct basement access; the second-floor unit has two bedrooms and one full bathroom. The upper apartment is tenant-occupied. Built in 1913, the home has plaster and vinyl siding, with ceramic tile, hardwood, and vinyl flooring. Heating is steam fueled by natural gas.
Key Highlights
- 2,072‑square‑foot duplex on a 0.1‑acre lot
- First‑floor residence has 3 bedrooms, 1 full bathroom, and basement access
- Second‑floor apartment has 2 bedrooms and 1 full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,500
Cap Rate
7.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$690,000
$690.0K
Cap Rate 7%
$492,857
$492.9K
Cap Rate 9%
$383,333
$383.3K
Market Conditions
NOI Build-Up for 2,072 SF
Gross rent
$52.7K $25.44/SF
− Vacancy
−$3.4K −$1.65/SF
EGI
$49.3K $23.79/SF
− OpEx
−$14.8K −$7.14/SF
NOI
$34.5K $16.65/SF
Area
Providence County, RI
Vacancy
6.50%
Lease Rate
$25.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$690,000
Cap Rate 7%
$492,857
Cap Rate 9%
$383,333
Alternative Uses
Best Use
Multifamily LT 5
$492.9K
$431.3K – $575.0K
NOI $34,500 @ 7.0% cap · market cap 7.67%
Second Best
Apartment 5plus
$391.1K
$342.3K – $456.3K
NOI $27,380 @ 7.0% cap · market cap 6.09%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
602
Businesses Nearby
Explore this area
Business Placement
Demographics for 02895, RI
43,269
Population
19,443
Households
2.2
Avg Household Size
38
Median Age
19%
College-Educated
82%
High-School Grad
7.8 sq mi
ZIP Area
5,547
Density / Sq Mi
$58,579
Median Household Income
$40,929
Median Earnings
$1,116
Median Rent
$267,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - The two residences have three-bedroom and two-bedroom layouts, with the upstairs apartment occupied by a tenant.
Where is this duplex located?
The property is located at 55 Rebekah Street Woonsocket, RI.
What is the asking price?
The asking price for this property is $449,800.
What are key features of this property?
This property features: 2,072‑square‑foot duplex on a 0.1‑acre lot; First‑floor residence has 3 bedrooms, 1 full bathroom, and basement access; Second‑floor apartment has 2 bedrooms and 1 full bathroom
