Two-Family Townhouse-Style
44 Warwick Road Pawtucket, RI 02861
New
44 Warwick Road, Pawtucket, RI, 02861
$599,900
For Sale
$599,900
MULTI_FAMILY - Pawtucket, RI
Property Size2,074 SF
Lot Size0.13 Acres
Price / SF$289.25
Days on Market3
Property Features for 44 Warwick Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 5, Bedroom 6, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 1, Basement, Bedroom 2
- Parking
- 3
- Parking features
- None
- Patio and Porch features
- Porch, Deck
- Interior features
- Wall (Dry Wall), Plumbing (Mixed), Insulation (Unknown)
- Exterior features
- Deck, Porch
- Basement
- Full, Unfinished, Storage Space
- Appliances
- Gas Water Heater, Dryer, Oven/Range, Refrigerator, Washer
- Standard status
- Active
- Size
- 2,074 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5744
Utilities
- Heating system
- Natural Gas, Baseboard
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 3
- Number of units
- 2
- Flooring type
- Parquet Wood, Hardwood, Tile - Ceramic
- Building materials
- Dry Wall, Vinyl Siding
Listing Agency
Innovate Real Estate
(401) 323-8292
63 Sockanosset Cross Road, Cranston, RI
Listed by
Manny Menezes
(401) 323-8292
Added: Jul 16 Checked: Jul 18 at 12:06 am
MLS# 1418016
Listing URL
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.
Investment Insights
Based on property information with market context.
44 Warwick Road is a well-maintained two-family duplex offering two spacious three-bedroom units. The second and third-floor unit is arranged in a townhouse-style layout, providing added living space and separation, while both units feature updated kitchens with granite countertops. Interior finishes include hardwood and parquet flooring. Exterior and major systems have been addressed with newer heating systems, a newer roof, and low-maintenance vinyl siding.
Outside, the property includes off-street parking, a fenced backyard, and a storage shed. A neighborhood green space sits directly across the street, and Slater Park is nearby for year-round outdoor recreation. The home also provides easy access to major highways, along with shopping, restaurants, and everyday conveniences, with the Pawtucket/Central Falls MBTA station close by for rail service to Providence and Boston.
The units and improvements make this a move-in-ready residential income property in Pawtucket’s Darlington neighborhood.
Outside, the property includes off-street parking, a fenced backyard, and a storage shed. A neighborhood green space sits directly across the street, and Slater Park is nearby for year-round outdoor recreation. The home also provides easy access to major highways, along with shopping, restaurants, and everyday conveniences, with the Pawtucket/Central Falls MBTA station close by for rail service to Providence and Boston.
The units and improvements make this a move-in-ready residential income property in Pawtucket’s Darlington neighborhood.
Key Highlights
- Two‑family home in Pawtucket’s Darlington neighborhood built in 1920
- Each unit has 3 bedrooms; second and third‑floor unit with townhouse‑style layout
- Updated kitchens with granite countertops in both units
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 | $52.8k | $25.44 |
| − Vacancy | −$3.4k | −$1.65 |
| EGI | $49.3k | $23.79 |
| − OpEx | −$14.8k | −$7.14 |
| NOI | $34.5k | $16.65 |
2,074 SF · lease $25.44/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$493.3K
$431.7K – $575.6K
NOI $34,533 @ 7.0% cap · market cap 5.76%
Second Best
Apartment 5plus
$391.5K
$342.6K – $456.8K
NOI $27,407 @ 7.0% cap · market cap 4.57%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained two-family duplex with updated kitchens, newer roof and heating systems, plus off-street parking and fenced yard.
Where is this duplex located?
The property is located at 44 Warwick Road Pawtucket, RI.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Two‑family home in Pawtucket’s Darlington neighborhood built in 1920; Each unit has 3 bedrooms; second and third‑floor unit with townhouse‑style layout; Updated kitchens with granite countertops in both units
