Two-Unit Duplex with
New
For Sale
$579,900
146 Bentley Street, East Providence, RI 02914
Both residences have two bedrooms, a separate living room, an eat-in kitchen, and a full bathroom.
Property Size1,500 SF
Price / SF$386.60
Days on Market6
Property Features for 146 Bentley Street
General Information
Standard status
Active
Size
1,500 SF
Total Parking Spaces
2
Property subtype
MultiFamily
Additional Details
Multifamily Units
2
Building Details
Year Built
1926
Buildings
1
Listing Agency:
My Dream Home Realty
(401) 437-6577
Listed By:
Masiell Luna · License #RES.0043003
(401) 369-1454
Source:
Lockandkeyre
Added: Oct 28
Changed: Nov 1
Last Checked: Nov 1 at 6:01AM
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 My Dream Home Realty
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Investment Insights
Based on property information with market context.
This East Providence duplex contains two residences, each arranged with two bedrooms, an eat-in kitchen, a living room, and a full bathroom. A finished basement adds another full bath and additional interior space. The property also includes a two-car garage and an outdoor lot measuring more than 7,000 square feet. Built in 1926, the two-unit property offers a defined layout across both residences.
Key Highlights
- Two residences, each with two bedrooms, an eat‑in kitchen, a living room, and a full bath
- Finished basement with an additional full bathroom
- Two‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,976
Cap Rate
4.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$499,520
$499.5K
Cap Rate 7%
$356,800
$356.8K
Cap Rate 9%
$277,511
$277.5K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$38.2K $25.44/SF
− Vacancy
−$2.5K −$1.65/SF
EGI
$35.7K $23.79/SF
− OpEx
−$10.7K −$7.14/SF
NOI
$25.0K $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%
$499,520
Cap Rate 7%
$356,800
Cap Rate 9%
$277,511
Alternative Uses
Best Use
Multifamily LT 5
$356.8K
$312.2K – $416.3K
NOI $24,976 @ 7.0% cap · market cap 4.31%
Second Best
Apartment 5plus
$283.2K
$247.8K – $330.4K
NOI $19,822 @ 7.0% cap · market cap 3.42%
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
728
Businesses Nearby
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Business Placement
Demographics for 02914, RI
22,140
Population
10,082
Households
2.2
Avg Household Size
43
Median Age
25%
College-Educated
82%
High-School Grad
4.9 sq mi
ZIP Area
4,518
Density / Sq Mi
$60,838
Median Household Income
$43,696
Median Earnings
$1,165
Median Rent
$309,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have two bedrooms, a separate living room, an eat-in kitchen, and a full bathroom.
Where is this duplex located?
The property is located at 146 Bentley Street East Providence, RI.
What is the asking price?
The asking price for this property is $579,900.
What are key features of this property?
This property features: Two residences, each with two bedrooms, an eat‑in kitchen, a living room, and a full bath; Finished basement with an additional full bathroom; Two‑car garage
