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Three-Family Home with Off-Street Parking

178 Coyle Avenue Pawtucket, RI 02861

New
178 Coyle Avenue, Pawtucket, RI, 02861
$575,000
For Sale
$575,000

MULTI_FAMILY - Pawtucket, RI

Property Size3,927 SF
Lot Size0.11 Acres
Price / SF$146.42
Days on Market1

Property Features for 178 Coyle Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R3
Bedrooms
5
Bathrooms
3
Rooms
Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 2, Bathroom 1, Bedroom 3, Basement, Bathroom 2, Bathroom 3
Parking
6
Interior features
Plumbing (Mixed)
Basement
Unfinished, Full
Appliances
Gas Water Heater
Standard status
Active
Size
3,927 SF
Lot size
0.11 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
5672

Utilities

Heating system
Natural Gas, Baseboard

Building Details

Year built
1920
Floors in Building
2
Number of units
3
Flooring type
Hardwood, Carpet, Vinyl
Building materials
Vinyl Siding
Listing Agency Keller Williams Realty
25 Messenger Street, Plainville, RI
Listed by Corina Bonenfant
Added: Jul 17 Checked: Jul 17 at 11:06 pm
MLS# 1417789 Listing URL

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 three-family home at 178 Coyle Avenue offers separate utilities and laundry hookups for each unit. The exterior includes vinyl siding, a fenced-in yard, a two-car garage, and ample off-street parking for five cars. Interior features include hardwood floors on the first floor, along with a separate dining room and an eat-in kitchen, while the second floor provides two apartments with one bedroom each, plus separate living room space and eat-in kitchens.

The property is located in the Darlington area of Pawtucket, with convenient access to major transit and highways. It is described as just minutes from I-95, less than 1.5 miles from the South Attleboro Train Station, and less than 2 miles from the Pawtucket/Central Falls MBTA Station. John St Playground is also about 1 mile away.

Designed for owner-occupants or investors, the layout provides multiple self-contained living spaces within one building.

Key Highlights

  • 3‑family home built in 1920 with separate utilities and laundry hookups for each unit
  • Vinyl siding exterior with 2‑car garage, fenced‑in yard, and off‑street parking for 5 cars
  • First‑floor layout includes hardwood floors, separate dining room, and eat‑in kitchen

Local 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 $100.4k $25.56
− Vacancy −$6.0k −$1.53
EGI $94.4k $24.03
− OpEx −$42.5k −$10.81
NOI $51.9k $13.21
3,927 SF · lease $25.56/SF/yr · vacancy 6.00% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$934.1K
$817.3K – $1.09M (±1% cap)
NOI $65,386 @ 7.0% cap · market cap 11.37%
Second Best
Apartment 5plus
$741.3K
$648.7K – $864.9K (±1% cap)
NOI $51,893 @ 7.0% cap · market cap 9.02%
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

Triplexes

Suggested Use

Real Estate Agency Electrical Service Garden Center HVAC Service Carpet & Flooring Store Skin Care Clinic Locksmith Parking Lot & Garage Accounting Firm (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three-family residence with separate utilities, laundry hookups, vinyl siding, a two-car garage, and fenced yard.
Where is this triplex located?
The property is located at 178 Coyle Avenue Pawtucket, RI.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 3‑family home built in 1920 with separate utilities and laundry hookups for each unit; Vinyl siding exterior with 2‑car garage, fenced‑in yard, and off‑street parking for 5 cars; First‑floor layout includes hardwood floors, separate dining room, and eat‑in kitchen
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