Townhouse-Style
For Sale
$574,900
14 S Larchmont St, North Providence, RI 02911
Side-by-side residential income property with convenient highway access in North Providence.
Property Size2,432 SF
Price / SF$236.39
Days on Market67
Property Features for 14 S Larchmont St
General Information
Standard status
Active
Size
2,432 SF
Property subtype
Residential Income
Additional Details
Highway Access
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$8,271
Building Details
Construction
townhouse style
Listing Agency:
Coldwell Banker Realty
(401) 884-8050
Listed By:
The Fooks Team · License #327646
(401) 681-2508
Source:
Exprealty
Added: Jul 31
Changed: Oct 4
Last Checked: Oct 4 at 6:22PM
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
Investment Insights
Based on property information with market context.
This side-by-side, townhouse-style duplex offers 2,432 square feet of residential space in North Providence, Rhode Island. The two-unit configuration supports both owner-occupancy and investment use.
The property is positioned near everyday amenities and provides convenient access to highways. Its location at 14 S Larchmont St places the duplex within North Providence’s established residential setting.
The property is positioned near everyday amenities and provides convenient access to highways. Its location at 14 S Larchmont St places the duplex within North Providence’s established residential setting.
Key Highlights
- Side‑by‑side townhouse‑style duplex
- 2,432 square feet of property size
- Two‑unit residential income property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,494
Cap Rate
7.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$809,880
$809.9K
Cap Rate 7%
$578,486
$578.5K
Cap Rate 9%
$449,933
$449.9K
Market Conditions
NOI Build-Up for 2,432 SF
Gross rent
$61.9K $25.44/SF
− Vacancy
−$4.0K −$1.65/SF
EGI
$57.8K $23.79/SF
− OpEx
−$17.4K −$7.14/SF
NOI
$40.5K $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%
$809,880
Cap Rate 7%
$578,486
Cap Rate 9%
$449,933
Alternative Uses
Best Use
Multifamily LT 5
$578.5K
$506.2K – $674.9K
NOI $40,494 @ 7.0% cap · market cap 7.04%
Second Best
Apartment 5plus
$459.1K
$401.7K – $535.6K
NOI $32,138 @ 7.0% cap · market cap 5.59%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
332
Businesses Nearby
Explore this area
Business Placement
Demographics for 02911, RI
16,384
Population
6,894
Households
2.4
Avg Household Size
39
Median Age
33%
College-Educated
91%
High-School Grad
2.5 sq mi
ZIP Area
6,554
Density / Sq Mi
$85,803
Median Household Income
$53,209
Median Earnings
$1,480
Median Rent
$319,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Side-by-side residential income property with convenient highway access in North Providence.
Where is this duplex located?
The property is located at 14 S Larchmont St North Providence, RI.
What is the asking price?
The asking price for this property is $574,900.
What are key features of this property?
This property features: Side‑by‑side townhouse‑style duplex; 2,432 square feet of property size; Two‑unit residential income property
