Two-Unit Duplex with
220 Dunnell Avenue, Pawtucket, RI 02860
For Sale
$439,000
Both residences have washer/dryer hookups, with a detached garage and basement for additional storage.
Property Size2,474 SF
Price / SF$177.45
Days on Market83
Property Features for 220 Dunnell Avenue
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Site & Location
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
washer/dryer hookups
Bathtub
Interior Steps
Skylights
Stall Shower
Tub Shower
Deck
Paved Driveway
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
REMAX Revolution
(401) 921-5011
Listed By:
Kaydi McQuade
(401) 450-5473
Source:
Caldwellrealtyri
Added: Aug 19
Changed: Nov 7
Last Checked: Nov 8 at 9:12PM
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 REMAX Revolution
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Investment Insights
Based on property information with market context.
This duplex contains two residences within a 2,474-square-foot building constructed in 1900. The first-floor apartment has two bedrooms and a full bathroom; the second-floor unit offers one bedroom and a three-quarter bathroom. Washer and dryer hookups are present in both units. A detached two-car garage and full unfinished basement provide additional storage space, and the property sits on a fenced corner lot.
The property is zoned RM. Nearby context includes multiple parks, an elementary school, highway access, and bus service.
The property is zoned RM. Nearby context includes multiple parks, an elementary school, highway access, and bus service.
Key Highlights
- 2,474‑square‑foot duplex built in 1900
- First‑floor unit has 2 bedrooms and a full bathroom
- Second‑floor unit has 1 bedroom and a three‑quarter bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,693
Cap Rate
7.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$653,860
$653.9K
Cap Rate 7%
$467,043
$467.0K
Cap Rate 9%
$363,256
$363.3K
Market Conditions
NOI Build-Up for 2,474 SF
Gross rent
$63.2K $25.56/SF
− Vacancy
−$3.8K −$1.53/SF
EGI
$59.4K $24.03/SF
− OpEx
−$26.7K −$10.81/SF
NOI
$32.7K $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%
$653,860
Cap Rate 7%
$467,043
Cap Rate 9%
$363,256
Alternative Uses
Best Use
Multifamily LT 5
$588.5K
$514.9K – $686.6K
NOI $41,193 @ 7.0% cap · market cap 9.38%
Second Best
Apartment 5plus
$467.0K
$408.7K – $544.9K
NOI $32,693 @ 7.0% cap · market cap 7.45%
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?
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,244
Businesses Nearby
Explore this area
Business Placement
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
$287,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Pawtucket, RI
Properties on Market for Duplexes in Pawtucket
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have washer/dryer hookups, with a detached garage and basement for additional storage.
Where is this duplex located?
The property is located at 220 Dunnell Avenue Pawtucket, RI.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: 2,474‑square‑foot duplex built in 1900; First‑floor unit has 2 bedrooms and a full bathroom; Second‑floor unit has 1 bedroom and a three‑quarter bathroom
