57 Garden Street Pawtucket, RI 02860
MULTI_FAMILY - Pawtucket, RI
Property Features for 57 Garden Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bedroom 8, Bathroom 4, Bedroom 5, Basement, Bedroom 4, Bathroom 2, Bedroom 7, Bedroom 2, Bedroom 6, Bathroom 3, Bedroom 1, Bathroom 1
- Parking
- 4
- Parking features
- None
- Interior features
- Wall (Dry Wall), Wall (Plaster), Insulation (Unknown)
- Basement
- Storage Space, Unfinished, Full
- Appliances
- Gas Water Heater, Dryer, Range Hood, Microwave, Oven/Range, Refrigerator, Washer
- Standard status
- Active
- Size
- 3,678 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5435
Utilities
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 3
- Number of units
- 3
- Flooring type
- Tile - Ceramic, Vinyl
- Building materials
- Dry Wall, Plaster, Shingles
Listing agent The Hiraldo Group (508) 810-0700
Listing office Bhhs Commonwealth Real Estate 39 Main Street, Hopkinton, RI (401) 886-6100
Listing date Jul 8, 2026
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.
The property is located in Providence County and carries RM zoning. The lot size is approximately 0.0832 acres, and the total property size is listed as 3,678 square feet.
With kitchens, flooring, and bathrooms brought up to date across all three units, the building is presented as a turnkey option for tenants and buyers seeking a renovated multi-family asset with practical in-unit laundry. The varied bedroom counts also support multiple household types, from 2-bedroom arrangements to larger 3-bedroom layouts.
Key Highlights
- Fully renovated multi‑family home with 3 units, all vacant and move‑in ready.
- Each unit features a brand‑new kitchen with sleek cabinets, quartz countertops, and updated appliances plus laundry in‑unit.
- Unit mix includes a 3‑bedroom/2‑bath first‑floor unit, a flexible 2–3 bedroom/1‑bath second‑floor unit, and a 3‑bedroom/1‑bath third‑floor unit.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $93.6k | $25.44 |
| − Vacancy | −$6.1k | −$1.65 |
| EGI | $87.5k | $23.79 |
| − OpEx | −$26.2k | −$7.14 |
| NOI | $61.2k | $16.65 |
