39 Allendale Avenue, North Providence, RI 02911
MULTI_FAMILY - North Providence, RI
- Added:
- Jun 13, 2026
- Days on Market:
- 24
- Last Refresh:
- Jul 6 at 11:06 am
Property Features for 39 Allendale Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 5
- Rooms
- Bedroom 5, Bathroom 4, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 3, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 5, Basement
- Parking
- 6
- Parking features
- Garage
- Interior features
- Wall (Plaster), Plumbing (Mixed), Insulation (Cap), Insulation (Ceiling), Insulation (Walls)
- Basement
- Full, Finished
- Appliances
- Tankless Water Heater, Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
- Standard status
- Active
- Size
- 3,250 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6100
Utilities
- Heating system
- Natural Gas
- Cooling system
- Ductless
Building Details
- Year built
- 1985
- Floors in Building
- 3
- Number of units
- 3
- Flooring type
- Tile - Ceramic, Laminate
- Building materials
- Plaster, Brick, Vinyl Siding
Listing agent Ed Duffy (401) 413-1601
Listing office Alltown Real Estate Group 357 Putnam Pike, Smithfield, RI (401) 949-5400
Listing date Jun 13, 2026
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.
HighLights
- 3‑unit property built circa 1985 in the Lymansville section of North Providence
- Owners unit has nearly 1,400 SF with 3 beds and 2.5 baths
- Includes 2 additional 1‑bedroom apartments with walkouts
- Heating and hot water include natural gas with 3 gas‑fired Navien boilers and a tankless water heater
- Ductless A/C and laundry available in the building
- Garage parking plus spacious backyard
Overview
Located in the Lymansville section of North Providence, the property is positioned close to area amenities, with RI College nearby. Parking is available onsite, supporting easy day-to-day access for residents and guests.
The configuration is practical for owners seeking to live in one unit while renting the other two, or for investors looking for a straightforward three-unit rental setup. With laundry in the building, multiple independent apartment layouts, and onsite parking, the property is designed to support tenant convenience and reduced shared friction. The sale is subject to the seller securing suitable housing.
Local 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 | $82.7k | $25.44 |
| − Vacancy | −$5.4k | −$1.65 |
| EGI | $77.3k | $23.79 |
| − OpEx | −$23.2k | −$7.14 |
| NOI | $54.1k | $16.65 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- North Providence
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.473499
- Latitude
- 41.841374