Duplex with Hardwood
133 Roger Williams Avenue, East Providence, RI 02916
For Sale
$749,900
Each of the two residences has three bedrooms and two bathrooms, with a private yard and garden area on the property.
Property Size5,118 SF
Price / SF$146.52
Days on Market52
Property Features for 133 Roger Williams Avenue
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Road Access
Public Transit
Units
Unit Mix
Multifamily Units
Amenities
private yard and garden area
Building Details
Year Built
Listing Agency:
Coldwell Banker Realty
(401) 351-2017
Listed By:
Matthew Pita · License RI RES.0042385
(401) 226-3478
Source:
Lockandkeyre
Added: Sep 22
Changed: Nov 12
Last Checked: Nov 12 at 8:29AM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
This 5,118-square-foot duplex, built in 1900, contains two residential units. Each unit has three bedrooms and two bathrooms, along with hardwood flooring and recently painted walls. The property also includes a private yard and garden area.
At 133 Roger Williams Avenue in East Providence, the property is across the street from the Rumford waterfront and near Omega Pond. Dining and shopping are nearby, as are major highways and the Boston commuter rail.
At 133 Roger Williams Avenue in East Providence, the property is across the street from the Rumford waterfront and near Omega Pond. Dining and shopping are nearby, as are major highways and the Boston commuter rail.
Key Highlights
- Two residential units, each with three bedrooms and two bathrooms
- 5,118 SF property built in 1900
- Hardwood floors and recently painted walls in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,632
Cap Rate
9.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,352,640
$1.4M
Cap Rate 7%
$966,171
$966.2K
Cap Rate 9%
$751,467
$751.5K
Market Conditions
NOI Build-Up for 5,118 SF
Gross rent
$130.8K $25.56/SF
− Vacancy
−$7.8K −$1.53/SF
EGI
$123.0K $24.03/SF
− OpEx
−$55.3K −$10.81/SF
NOI
$67.6K $13.21/SF
Area
Providence County, RI
Vacancy
6.00%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,352,640
Cap Rate 7%
$966,171
Cap Rate 9%
$751,467
Alternative Uses
Best Use
Multifamily LT 5
$1.22M
$1.07M – $1.42M
NOI $85,217 @ 7.0% cap · market cap 11.36%
Second Best
Apartment 5plus
$966.2K
$845.4K – $1.13M
NOI $67,632 @ 7.0% cap · market cap 9.02%
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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See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
199
Businesses Nearby
Explore this area
Business Placement
Demographics for 02916, RI
8,350
Population
3,941
Households
2.1
Avg Household Size
46
Median Age
43%
College-Educated
91%
High-School Grad
2.7 sq mi
ZIP Area
3,093
Density / Sq Mi
$96,293
Median Household Income
$60,155
Median Earnings
$1,267
Median Rent
$360,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in East Providence, RI
Properties on Market for Duplexes in East Providence
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each of the two residences has three bedrooms and two bathrooms, with a private yard and garden area on the property.
Where is this duplex located?
The property is located at 133 Roger Williams Avenue East Providence, RI.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Two residential units, each with three bedrooms and two bathrooms; 5,118 SF property built in 1900; Hardwood floors and recently painted walls in both units
