3-Unit Triplex with Six-Car
New
For Sale
$1,175,000
100 Brush Hill Road, Providence, RI 02909
Separate utilities serve the three residences, alongside a large garage and a basement configured for possible expansion.
Property Size5,079 SF
Price / SF$231.34
Days on Market5
Property Features for 100 Brush Hill Road
General Information
Standard status
Active
Size
5,079 SF
Total Parking Spaces
6
Property subtype
MultiFamily
Site & Location
Neighborhood
Manton
Additional Details
Entitled
No
Amenities
garage
deck
Building Details
Year Built
1940
Listing Agency:
RI Real Estate Services
(401) 885-5400
Listed By:
Sean Carlino Esq. · License #REB.0018093
(401) 640-6010
Source:
Lockandkeyre
Added: Oct 21
Changed: Oct 23
Last Checked: Oct 24 at 5:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RI Real Estate Services
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Investment Insights
Based on property information with market context.
Built in 1940, this triplex contains three residences, including an owner's unit with more than 2,000 square feet of living space. The property has separate utilities, a newer roof, vinyl siding, a new deck, and an AC condenser serving the owner's residence. A six-car garage provides substantial vehicle and storage capacity.
The approximately 1,500-square-foot basement is arranged largely for a possible fourth unit with two bedrooms. Any conversion or other development would require municipal approvals. The grounds may also offer development possibilities, subject to buyer due diligence and applicable approvals.
The approximately 1,500-square-foot basement is arranged largely for a possible fourth unit with two bedrooms. Any conversion or other development would require municipal approvals. The grounds may also offer development possibilities, subject to buyer due diligence and applicable approvals.
Key Highlights
- Three‑unit property with separate utilities
- Owner's residence offers more than 2,000 square feet
- Approximately 1,500‑square‑foot basement configured largely for a potential fourth unit with two bedrooms, subject to municipal approvals
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,765
Cap Rate
7.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,715,300
$1.7M
Cap Rate 7%
$1,225,214
$1.2M
Cap Rate 9%
$952,944
$952.9K
Market Conditions
NOI Build-Up for 5,079 SF
Gross rent
$131.0K $25.80/SF
− Vacancy
−$8.5K −$1.68/SF
EGI
$122.5K $24.12/SF
− OpEx
−$36.8K −$7.24/SF
NOI
$85.8K $16.89/SF
Area
Providence, RI
Vacancy
6.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,715,300
Cap Rate 7%
$1,225,214
Cap Rate 9%
$952,944
Alternative Uses
Best Use
Multifamily LT 5
$1.23M
$1.07M – $1.43M
NOI $85,765 @ 7.0% cap · market cap 7.30%
Second Best
Apartment 5plus
$1.10M
$963.0K – $1.28M
NOI $77,036 @ 7.0% cap · market cap 6.56%
Theoretical Best
Office A
$1.70M
$1.49M – $1.98M
NOI $118,944 @ 7.0% cap · market cap 10.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Location Intelligence
Trade Area within ½ mile
567
Businesses Nearby
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Business Placement
Demographics for 02909, RI
46,119
Population
18,602
Households
2.5
Avg Household Size
31
Median Age
24%
College-Educated
80%
High-School Grad
3.1 sq mi
ZIP Area
14,877
Density / Sq Mi
$63,950
Median Household Income
$37,090
Median Earnings
$1,258
Median Rent
$283,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Separate utilities serve the three residences, alongside a large garage and a basement configured for possible expansion.
Where is this triplex located?
The property is located at 100 Brush Hill Road Providence, RI.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: Three‑unit property with separate utilities; Owner's residence offers more than 2,000 square feet; Approximately 1,500‑square‑foot basement configured largely for a potential fourth unit with two bedrooms, subject to municipal approvals
