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3-Unit Residential Property

200 Glenwood Avenue, Pawtucket, RI 02860

For Sale
New
$830,000

Residential Income, Pawtucket, RI

Property Size4,494 SF
Lot Size0.11 Acres
Price / SF$184.69
Days on Market3

Property Features for 200 Glenwood Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 6, Bedroom 5, Bedroom 2, Bedroom 1, Basement, Bathroom 2
Parking 3
Parking features None
Basement Full, Unfinished
Appliances Gas Water Heater
Standard status Active
Size 4,494 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 8133

Utilities

Heating system Natural Gas, Radiant, Oil

Amenities

on-site laundry

Building Details

Year built 1900
Number of units 3
Flooring type Hardwood
Building materials Vinyl Siding
Buildings 1
Listing Agency: Century 21 Limitless · Century 21 Real Estate
Listed By: Kyle Seyboth · License RI REB.0019335
Added: Nov 10 Last Checked: Nov 12 at 11:06PM
MLS# 1427923

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.

Rey
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Investment Insights

Based on property information with market context.

This three-family property contains approximately 3,330 square feet of living area across three apartments, each configured with two bedrooms and one bathroom. Hardwood floors and double parlors are found throughout, while the third-floor unit has level ceilings. A full attic offers possible expansion, subject to required approvals. The property also includes laundry facilities and front, side, and rear yard areas on a 0.11-acre corner lot.

Blackstone Boulevard, Lippitt Park, and the Hope Street Farmers Market are within walking distance. Cafes, restaurants, and shops are nearby, with Providence’s East Side, Brown University, area hospitals, and I-95 also cited as nearby destinations.

Key Highlights

  • Three apartments, each with 2 bedrooms and 1 bathroom
  • Approximately 3,330 square feet of living area
  • 0.11‑acre corner lot with front, side, and rear yard areas

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$74,827
Cap Rate
9.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,496,540 $1.5M
Cap Rate 7%
$1,068,957 $1.1M
Cap Rate 9%
$831,411 $831.4K
Market Conditions
NOI Build-Up for 4,494 SF
Gross rent
$114.3K $25.44/SF
− Vacancy
−$7.4K −$1.65/SF
EGI
$106.9K $23.79/SF
− OpEx
−$32.1K −$7.14/SF
NOI
$74.8K $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%
$1,496,540
Cap Rate 7%
$1,068,957
Cap Rate 9%
$831,411

Alternative Uses

Best Use
Multifamily LT 5
$1.07M
$935.3K – $1.25M (±1% cap)
NOI $74,827 @ 7.0% cap · market cap 9.02%
Second Best
Apartment 5plus
$848.4K
$742.3K – $989.8K (±1% cap)
NOI $59,386 @ 7.0% cap · market cap 7.15%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,608
Businesses Nearby

Demographics for 02860, RI

47,894
Population
21,467
Households
2.2
Avg Household Size
37
Median Age
25%
College-Educated
80%
High-School Grad
5.3 sq mi
ZIP Area
9,037
Density / Sq Mi
$59,954
Median Household Income
$42,038
Median Earnings
$1,112
Median Rent
$287,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Triplexes in Pawtucket, RI

$189 Jul
$184 Aug
$179 Sep
$155 Oct

Properties on Market for Triplexes in Pawtucket

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Each apartment has two bedrooms, one bathroom, and a double-parlor layout.
Where is this triplex located?
The property is located at 200 Glenwood Avenue Pawtucket, RI.
What is the asking price?
The asking price for this property is $830,000.
What are key features of this property?
This property features: Three apartments, each with 2 bedrooms and 1 bathroom; Approximately 3,330 square feet of living area; 0.11‑acre corner lot with front, side, and rear yard areas
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