Three-Unit Triplex with Updated
110 Lawn Avenue, Pawtucket, RI 02860
For Sale
$649,000
Pending
Each residence has three bedrooms, alongside on-demand HVAC and updated electrical and plumbing systems.
Property Size3,587 SF
Days on Market20
Property Features for 110 Lawn Avenue
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Building Details
Year Built
Listing Agency:
SERHANT.
(401) 382-0600
Listed By:
Benjamin Kean · License RI RES.0042354
(401) 954-3965
Source:
Lockandkeyre
Added: Oct 22
Changed: Nov 8
Last Checked: Nov 8 at 6:00AM
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 SERHANT.
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Investment Insights
Based on property information with market context.
This Pawtucket triplex contains three residences, each with three bedrooms and approximately 1,200 square feet of living area. Cosmetic improvements have been completed, and the property has on-demand HVAC systems, updated electrical and plumbing, vinyl windows, and rebuilt porches. Outdoor space is also part of the property.
The building dates to 1900 and is in the Woodlawn neighborhood. Major highways, hospitals, colleges, universities, and Amtrak service connecting Providence and Boston are identified among the nearby transportation and institutional resources.
The building dates to 1900 and is in the Woodlawn neighborhood. Major highways, hospitals, colleges, universities, and Amtrak service connecting Providence and Boston are identified among the nearby transportation and institutional resources.
Key Highlights
- Three residences, each with 3 bedrooms and approximately 1,200 square feet
- On‑demand HVAC systems; electrical and plumbing updated
- Reconstructed porches and vinyl windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,725
Cap Rate
9.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,194,500
$1.2M
Cap Rate 7%
$853,214
$853.2K
Cap Rate 9%
$663,611
$663.6K
Market Conditions
NOI Build-Up for 3,587 SF
Gross rent
$91.3K $25.44/SF
− Vacancy
−$5.9K −$1.65/SF
EGI
$85.3K $23.79/SF
− OpEx
−$25.6K −$7.14/SF
NOI
$59.7K $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%
$1,194,500
Cap Rate 7%
$853,214
Cap Rate 9%
$663,611
Alternative Uses
Best Use
Multifamily LT 5
$853.2K
$746.6K – $995.4K
NOI $59,725 @ 7.0% cap · market cap 9.20%
Second Best
Apartment 5plus
$677.1K
$592.5K – $790.0K
NOI $47,400 @ 7.0% cap · market cap 7.30%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
727
Businesses Nearby
Explore this area
Business Placement
Demographics for 02860, RI
47,894
Population
21,467
Households
2.2
Avg Household Size
37
Median Age
25%
College-Educated
80%
High-School Grad
5.3 sq mi
ZIP Area
9,037
Density / Sq Mi
$59,954
Median Household Income
$42,038
Median Earnings
$1,112
Median Rent
$287,400
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Pawtucket, RI
Properties on Market for Triplexes in Pawtucket
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Each residence has three bedrooms, alongside on-demand HVAC and updated electrical and plumbing systems.
Where is this triplex located?
The property is located at 110 Lawn Avenue Pawtucket, RI.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Three residences, each with 3 bedrooms and approximately 1,200 square feet; On‑demand HVAC systems; electrical and plumbing updated; Reconstructed porches and vinyl windows
