Duplex Requiring
25 Richmond Street, Bristol, RI 02809
For Sale
$360,000
Pending
Residential Income, Bristol, RI
Property Size2,160 SF
Lot Size0.06 Acres
Days on Market108
Property Features for 25 Richmond Street
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Basement
Appliances
Standard status
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Heating system
Building Details
Year built
Number of units
Building materials
Listing Agency:
Century 21 Limitless · Century 21 Real Estate
(508) 567-3468
Listed By:
Kyle Seyboth · License RI REB.0019335
(508) 726-3492
Added: Jul 28
Changed: Oct 30
Last Checked: Nov 12 at 11:06PM
MLS# 1419050
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex property includes 2,160 square feet on a 0.06-acre lot, with reported living space of 1,440 square feet. The layout includes four bedrooms, two bathrooms, and a basement. Built in 1900, the building has vinyl siding and requires renovation. It is being offered in as-is condition.
Heating is provided by a steam system using natural gas, and the property also has a gas water heater. No parking is identified among the property features. The property is located at 25 Richmond Street in Bristol, Rhode Island.
Heating is provided by a steam system using natural gas, and the property also has a gas water heater. No parking is identified among the property features. The property is located at 25 Richmond Street in Bristol, Rhode Island.
Key Highlights
- Duplex with 2,160 square feet of property size
- Reported 1,440 sq ft of living space
- 0.06‑acre lot in Bristol, RI
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,762
Cap Rate
9.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$655,240
$655.2K
Cap Rate 7%
$468,029
$468.0K
Cap Rate 9%
$364,022
$364.0K
Market Conditions
NOI Build-Up for 2,160 SF
Gross rent
$63.5K $29.40/SF
− Vacancy
−$3.9K −$1.82/SF
EGI
$59.6K $27.58/SF
− OpEx
−$26.8K −$12.41/SF
NOI
$32.8K $15.17/SF
Area
Bristol County, RI
Vacancy
6.20%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$655,240
Cap Rate 7%
$468,029
Cap Rate 9%
$364,022
Alternative Uses
Best Use
Multifamily LT 5
$521.1K
$455.9K – $607.9K
NOI $36,474 @ 7.0% cap · market cap 10.13%
Second Best
Apartment 5plus
$468.0K
$409.5K – $546.0K
NOI $32,762 @ 7.0% cap · market cap 9.10%
Theoretical Best
Office A
$722.6K
$632.3K – $843.1K
NOI $50,585 @ 7.0% cap · market cap 14.05%
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
Open Analytics
Location Intelligence
Trade Area within ½ mile
610
Businesses Nearby
Explore this area
Business Placement
Demographics for 02809, RI
22,493
Population
9,670
Households
2.3
Avg Household Size
44
Median Age
46%
College-Educated
92%
High-School Grad
9.8 sq mi
ZIP Area
2,295
Density / Sq Mi
$96,005
Median Household Income
$41,266
Median Earnings
$1,352
Median Rent
$447,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Bristol County, RI
Properties on Market for Duplexes in Bristol County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with basement space, four bedrooms, two bathrooms, and no designated parking.
Where is this duplex located?
The property is located at 25 Richmond Street Bristol, RI.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Duplex with 2,160 square feet of property size; Reported 1,440 sq ft of living space; 0.06‑acre lot in Bristol, RI
