Leased Duplex Investment
32-34 Tyndall Providence, RI 02908
For Sale
$699,900
Duplex income property already leased through 2027, professionally managed, with on-site parking.
Property Size3,164 SF
Price / SF$221.21
Days on Market293
Property Features for 32-34 Tyndall
General Information
- Standard status
- Active
- Size
- 3,164 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1926
Listing Agency:
Broadway Real Estate Group LLC
Listed By:
Crista Sciortino
(413) 584-2900
Source:
Mapleandmainrealty
Added: Oct 4, 2025
Changed: Jul 23
Last Checked: Jul 23 at 8:03AM
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 Broadway Real Estate Group LLC
Investment Insights
Based on property information with market context.
This duplex investment property is professionally managed and currently leased through 2027. The offering is positioned as a residential income asset with existing tenant occupancy, providing immediate and stable rental status per the public remarks. On-site parking is included as an added amenity for day-to-day convenience.
Located at 32-34 Tyndall Avenue in Providence, RI 02908, the property is described as being in the heart of Elmhurst and just steps from Providence College.
At the time of listing, the most practical takeaway is that the duplex is turnkey from an occupancy standpoint, with management already in place and parking available on-site.
Located at 32-34 Tyndall Avenue in Providence, RI 02908, the property is described as being in the heart of Elmhurst and just steps from Providence College.
At the time of listing, the most practical takeaway is that the duplex is turnkey from an occupancy standpoint, with management already in place and parking available on-site.
Key Highlights
- Duplex income property (built 1926) already leased through 2027
- Professionally managed investment property
- On‑site parking included
Financial Insights For Multifamily LT 5
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 | $81.6k | $25.80 |
| − Vacancy | −$5.3k | −$1.68 |
| EGI | $76.3k | $24.12 |
| − OpEx | −$22.9k | −$7.24 |
| NOI | $53.4k | $16.89 |
3,164 SF · lease $25.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$763.3K
$667.9K – $890.5K
NOI $53,428 @ 7.0% cap · market cap 7.63%
Second Best
Apartment 5plus
$685.6K
$599.9K – $799.8K
NOI $47,990 @ 7.0% cap · market cap 6.86%
Theoretical Best
Office A
$1.06M
$926.2K – $1.23M
NOI $74,097 @ 7.0% cap · market cap 10.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex income property already leased through 2027, professionally managed, with on-site parking.
Where is this duplex located?
The property is located at 32-34 Tyndall Providence, RI.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Duplex income property (built 1926) already leased through 2027; Professionally managed investment property; On‑site parking included
