Two-Family Townhouse-Style
127 Sayles Avenue Burrillville, RI 02859
For Sale
Under Contract
$475,000
MULTI_FAMILY - Burrillville, RI
Property Size2,648 SF
Lot Size0.21 Acres
Price / SF$179.38
Days on Market48
Property Features for 127 Sayles Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R12
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bathroom 4, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 6, Bathroom 1, Bedroom 4, Bathroom 3, Bedroom 3, Basement, Bedroom 5
- Parking
- 4
- Parking features
- None
- Interior features
- Wall (Dry Wall), Wall (Plaster), Attic, Attic Stairs, Attic Storage, Stairs, Plumbing (Mixed), Insulation (Unknown)
- Basement
- Storage Space, Unfinished, Full
- Standard status
- Active Under Contract
- Size
- 2,648 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4977
Utilities
- Heating system
- Oil, Steam, Electric (Heating), Baseboard
Building Details
- Year built
- 1900
- Floors in Building
- 3
- Number of units
- 2
- Flooring type
- Hardwood
- Building materials
- Dry Wall, Plaster, Vinyl Siding
- Additional Structures
- Storage
Listing Agency:
Keller Williams Leading Edge
(401) 333-4900
Listed By:
David Nielson
(401) 527-3699
Added: Jun 10
Changed: Jul 23
Last Checked: Jul 27 at 8:06AM
MLS# 1408236
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.
This well-maintained two-family property features oversized townhouse-style units designed for practical everyday living. Each unit offers three bedrooms and 1.5 bathrooms, with spacious kitchens and large living rooms, and bedrooms located on the second floor. Hardwood floors run throughout much of the living space. Both units include in-unit laundry, attic storage, and access to basement space.
The property is located at 127 Sayles Avenue in Burrillville, Rhode Island, within zoning R12. It sits on a 0.21-acre lot and includes off-street parking plus a backyard.
From a tenant or owner perspective, the unit layouts support comfortable separation between common areas and bedrooms, while in-unit laundry and dedicated storage help reduce day-to-day friction. One unit is currently vacant, and the second unit is expected to be vacant by 7/1/26, which may allow for timely occupancy planning or unit updates depending on an operator’s approach. Off-street parking and basement access add additional functionality for residents and household storage needs.
The property is located at 127 Sayles Avenue in Burrillville, Rhode Island, within zoning R12. It sits on a 0.21-acre lot and includes off-street parking plus a backyard.
From a tenant or owner perspective, the unit layouts support comfortable separation between common areas and bedrooms, while in-unit laundry and dedicated storage help reduce day-to-day friction. One unit is currently vacant, and the second unit is expected to be vacant by 7/1/26, which may allow for timely occupancy planning or unit updates depending on an operator’s approach. Off-street parking and basement access add additional functionality for residents and household storage needs.
Key Highlights
- Two‑family property built in 1900 with oversized townhouse‑style layouts
- Each unit features 3 bedrooms and 1.5 baths with spacious kitchens and large living rooms
- Hardwood floors run throughout much of the living space in both units
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 | $67.7k | $25.56 |
| − Vacancy | −$4.1k | −$1.53 |
| EGI | $63.6k | $24.03 |
| − OpEx | −$28.6k | −$10.81 |
| NOI | $35.0k | $13.21 |
2,648 SF · lease $25.56/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$629.9K
$551.1K – $734.8K
NOI $44,090 @ 7.0% cap · market cap 9.28%
Second Best
Apartment 5plus
$499.9K
$437.4K – $583.2K
NOI $34,992 @ 7.0% cap · market cap 7.37%
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
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Duplex - Two 3-bedroom units with 1.5 baths, in-unit laundry, hardwood floors, and off-street parking and backyard access.
Where is this duplex located?
The property is located at 127 Sayles Avenue Burrillville, RI.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Two‑family property built in 1900 with oversized townhouse‑style layouts; Each unit features 3 bedrooms and 1.5 baths with spacious kitchens and large living rooms; Hardwood floors run throughout much of the living space in both units
