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Pawtucket Multifamily Investment Opportunity

82-84 Webster St Pawtucket, RI 02861

82-84 Webster St, Pawtucket, RI, 02861
$799,900
Pending
For Sale
$799,900
Pending

MULTI_FAMILY - Pawtucket, RI

Property Size3,742 SF
Lot Size0.15 Acres
Days on Market69

Property Features for 82-84 Webster St

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RM
Bedrooms
3
Bathrooms
3
Rooms
Bedroom 1, Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2
Parking
5
Standard status
Pending
Size
3,742 SF
Lot size
0.15 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
6741

Building Details

Year built
1900
Floors in Building
4
Number of units
4
Listing agency RE/MAX Synergy
Listed by Luis B Martins
Added: May 15 Updated: Jul 20 at 9:57AM Checked: Jul 22 at 1:06AM
MLS# 73519818

Copyright © 2026 MLS Property Information Network 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 occupied four-family property is located in the Darlington/Pine Crest area. The property includes two three-bedroom apartments, one one-bedroom unit, and one two-bedroom unit, all with delead certificates. Three units are currently rented, providing immediate cash flow for investors. The property is located close to schools and minutes from the I95 on-ramp. Off-street parking is available, and the backyard is suitable for cookouts and gatherings. The property is suitable for expanding an investment portfolio.

Key Highlights

  • Four‑family property built in 1900 with multiple bedrooms and bathrooms
  • Includes two 3‑bedroom apartments plus one 1‑bedroom unit and one 2‑bedroom unit
  • All units have delead certificates

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 $95.2k $25.44
− Vacancy −$6.2k −$1.65
EGI $89.0k $23.79
− OpEx −$26.7k −$7.14
NOI $62.3k $16.65
3,742 SF · lease $25.44/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$890.1K
$778.8K – $1.04M (±1% cap)
NOI $62,306 @ 7.0% cap · market cap 7.79%
Second Best
Apartment 5plus
$706.4K
$618.1K – $824.2K (±1% cap)
NOI $49,449 @ 7.0% cap · market cap 6.18%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Parking Lot & Garage Skin Care Clinic Electrical Service Locksmith Travel Agency Garden Center Daycare Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four-unit multifamily property in prime location with immediate cash flow.
Where is this quadplex located?
The property is located at 82-84 Webster St Pawtucket, RI.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Four‑family property built in 1900 with multiple bedrooms and bathrooms; Includes two 3‑bedroom apartments plus one 1‑bedroom unit and one 2‑bedroom unit; All units have delead certificates
Contact an agent
More about this property
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