Two-Family Home with Detached
127 Robinson Avenue, Pawtucket, RI 02861
For Sale
New
$580,000
A legal two-family residence includes separate gas-fired heating systems and access to upper-floor living and bedroom space.
Property Size2,080 SF
Price / SF$278.85
Days on Market5
Property Features for 127 Robinson Avenue
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Multifamily Units
Building Details
Year Built
Listing Agency:
BisMarc Properties, LLC
Listed By:
Brenda L. Marchwicki · License #REC.0014896
(401) 276-8300
Source:
Lockandkeyre
Added: Nov 3
Changed: Nov 6
Last Checked: Nov 6 at 9:13AM
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 BisMarc Properties, LLC
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Investment Insights
Based on property information with market context.
This 2,080-square-foot, legal two-family home was built in 1910 and features pine flooring, double living rooms with French doors, and replacement windows. The second and third floors are combined to provide additional living and bedroom space. Front and rear stairwells serve every floor, and two new gas-fired heating systems are in place.
A detached two-car garage is included with the property at 127 Robinson Avenue in Pawtucket.
A detached two-car garage is included with the property at 127 Robinson Avenue in Pawtucket.
Key Highlights
- Legal two‑family residence
- 2,080 square feet; built in 1910
- Pine floors and double living rooms with French doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,633
Cap Rate
5.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$692,660
$692.7K
Cap Rate 7%
$494,757
$494.8K
Cap Rate 9%
$384,811
$384.8K
Market Conditions
NOI Build-Up for 2,080 SF
Gross rent
$52.9K $25.44/SF
− Vacancy
−$3.4K −$1.65/SF
EGI
$49.5K $23.79/SF
− OpEx
−$14.8K −$7.14/SF
NOI
$34.6K $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%
$692,660
Cap Rate 7%
$494,757
Cap Rate 9%
$384,811
Alternative Uses
Best Use
Multifamily LT 5
$494.8K
$432.9K – $577.2K
NOI $34,633 @ 7.0% cap · market cap 5.97%
Second Best
Apartment 5plus
$392.7K
$343.6K – $458.1K
NOI $27,486 @ 7.0% cap · market cap 4.74%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
844
Businesses Nearby
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Business Placement
Demographics for 02861, RI
27,833
Population
11,928
Households
2.3
Avg Household Size
40
Median Age
20%
College-Educated
87%
High-School Grad
3.6 sq mi
ZIP Area
7,731
Density / Sq Mi
$83,044
Median Household Income
$47,384
Median Earnings
$1,278
Median Rent
$285,200
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Pawtucket, RI
Properties on Market for Duplexes in Pawtucket
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A legal two-family residence includes separate gas-fired heating systems and access to upper-floor living and bedroom space.
Where is this duplex located?
The property is located at 127 Robinson Avenue Pawtucket, RI.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: Legal two‑family residence; 2,080 square feet; built in 1910; Pine floors and double living rooms with French doors
