104 Fairview Avenue Pawtucket, RI 02860
MULTI_FAMILY - Pawtucket, RI
Property Features for 104 Fairview Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bedroom 2, Bathroom 1, Basement, Bedroom 3, Bedroom 1, Bathroom 2
- Parking
- 1
- Basement
- Storage Space, Unfinished, Full
- Appliances
- Gas Water Heater
- Standard status
- Active
- Size
- 2,915 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4546
Utilities
- Heating system
- Electric (Heating), Oil
Building Details
- Year built
- 1930
- Number of units
- 2
- Flooring type
- Vinyl, Hardwood
- Building materials
- Shingles
Listing agent My Greene Team (401) 333-4900
Listing office Keller Williams Leading Edge 28 Thurber Boulevard, Lincoln, RI (401) 333-4900
Listing date May 22, 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 home is located in Pawtucket, RI, with convenient access to shopping, restaurants, parks, schools, major highways, and commuter routes. A detached garage adds valuable off-street parking and storage, and the expansive fenced backyard features a bluestone patio suitable for outdoor entertaining or relaxing.
This duplex is a strong fit for owner-occupants and investors because either unit can be delivered vacant at closing, allowing the buyer to select the best arrangement for their needs. With updated building systems and well-defined unit spaces, the property offers a practical combination of day-to-day comfort and straightforward two-unit living.
Key Highlights
- Two‑family property built in 1930 with the option for either unit to be delivered vacant at closing
- Extensive upgrades: updated electrical and plumbing, insulation improvements, and new house roof (2024) plus new garage roof (2025)
- Utility and water line work completed: private water main to the street replaced, new city water service connection (2025), and new gas meter (2026)
Local Financial Insights For Apartment 5plus
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 | $74.5k | $25.56 |
| − Vacancy | −$4.5k | −$1.53 |
| EGI | $70.0k | $24.03 |
| − OpEx | −$31.5k | −$10.81 |
| NOI | $38.5k | $13.21 |
