Duplex with Garage and
New
For Sale
$529,900
28 Enfield Street, Pawtucket, RI 02861
Two separate residences offer a two-bedroom first-floor unit and a three-bedroom, two-bath townhouse upstairs.
Property Size2,512 SF
Lot Size0.11 Acres
Price / SF$210.95
Days on Market4
Property Features for 28 Enfield Street
General Information
Standard status
Active
Size
2,512 SF
Lot size
0.11 Acres
Property subtype
MultiFamily
Units
Unit Mix
1 x 2BR, 1 x 3BR/2BA
Multifamily Units
2
Individually Metered Utilities
unspecified utilities
Building Details
Year Built
1930
Listing Agency:
Mateus Realty
(401) 434-8399
Listed By:
Luis Mateus · License #REB.0010617
(401) 368-2403
Source:
Lockandkeyre
Added: Oct 30
Changed: Nov 1
Last Checked: Nov 1 at 3:00PM
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 Mateus Realty
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Investment Insights
Based on property information with market context.
This 2,512-square-foot duplex contains two residences: a first-floor unit with two bedrooms and an upper-level townhouse with three bedrooms and two bathrooms. The building dates to 1930 and includes siding, replacement windows, updated electrical service, gas boilers and hot water tanks, and a newer roof. Each residence has separate utilities.
The property occupies a 5,000-square-foot corner lot with a garage and on-site parking.
The property occupies a 5,000-square-foot corner lot with a garage and on-site parking.
Key Highlights
- Two units: first‑floor residence with 2 bedrooms and upper townhouse with 3 bedrooms and 2 baths
- 2,512 square feet; built in 1930
- 5,000‑square‑foot corner lot with garage and parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,826
Cap Rate
7.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$836,520
$836.5K
Cap Rate 7%
$597,514
$597.5K
Cap Rate 9%
$464,733
$464.7K
Market Conditions
NOI Build-Up for 2,512 SF
Gross rent
$63.9K $25.44/SF
− Vacancy
−$4.2K −$1.65/SF
EGI
$59.8K $23.79/SF
− OpEx
−$17.9K −$7.14/SF
NOI
$41.8K $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%
$836,520
Cap Rate 7%
$597,514
Cap Rate 9%
$464,733
Alternative Uses
Best Use
Multifamily LT 5
$597.5K
$522.8K – $697.1K
NOI $41,826 @ 7.0% cap · market cap 7.89%
Second Best
Apartment 5plus
$474.2K
$414.9K – $553.3K
NOI $33,195 @ 7.0% cap · market cap 6.26%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
733
Businesses Nearby
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Business Placement
Demographics for 02861, RI
27,833
Population
11,928
Households
2.3
Avg Household Size
40
Median Age
20%
College-Educated
87%
High-School Grad
3.6 sq mi
ZIP Area
7,731
Density / Sq Mi
$83,044
Median Household Income
$47,384
Median Earnings
$1,278
Median Rent
$285,200
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 - Two separate residences offer a two-bedroom first-floor unit and a three-bedroom, two-bath townhouse upstairs.
Where is this duplex located?
The property is located at 28 Enfield Street Pawtucket, RI.
What is the asking price?
The asking price for this property is $529,900.
What are key features of this property?
This property features: Two units: first‑floor residence with 2 bedrooms and upper townhouse with 3 bedrooms and 2 baths; 2,512 square feet; built in 1930; 5,000‑square‑foot corner lot with garage and parking
