460 Smithfield Avenue Pawtucket, RI 02860
MULTI_FAMILY - Pawtucket, RI
- Added:
- May 27, 2026
- Days on Market:
- 46
- Last Refresh:
- Jul 11 at 6:06 pm
Property Features for 460 Smithfield Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Zoning
- RT
- Bedrooms
- 9
- Bathrooms
- 5
- Rooms
- Bedroom 5, Bedroom 7, Bedroom 8, Bathroom 2, Basement, Bathroom 5, Bathroom 3, Bedroom 6, Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 9, Bathroom 4, Bedroom 4, Bedroom 2
- Parking
- 3
- Parking features
- None
- Interior features
- Cathedral Ceilings
- Basement
- Full, Storage Space, Unfinished
- Appliances
- Gas Water Heater, Dishwasher, Microwave, Oven/Range, Refrigerator
- Standard status
- Active
- Size
- 4,968 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3602
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Natural Gas
Building Details
- Year built
- 1920
- Floors in Building
- 3
- Number of units
- 4
- Flooring type
- Vinyl
- Building materials
- Vinyl Siding
Listing agent April Holland License #1000714 (401) 333-4900
Listing office Keller Williams Leading Edge 28 Thurber Boulevard, Lincoln, RI (401) 333-4900
Listing date May 27, 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.
Investment Insights
Based on property information with market context.
Located in the Fairlawn community of Pawtucket, the property is minutes from the new train station and close to Tidewater Landing Soccer Stadium and Pawtucket Commons. The mixed-use design supports both commercial use and owner-occupancy, with convenience and visibility called out in the listing.
For tenants, buyers, and owner-occupants, the layout offers direct flexibility by pairing an accessible medical office space with three renovated residential units across the upper floors. Sellers are also offering a $10,000 seller concession toward a buyer’s closing costs with a good offer. The building’s refreshed exterior and interior improvements, along with its functional basement storage, make it a straightforward option for those seeking a turnkey mixed-use property.
Key Highlights
- $10,000 seller concession offered toward buyers’ closing costs with a good offer
- 4‑unit mixed‑use property in Fairlawn, Pawtucket—minutes from the new train station
- First level includes fully accessible medical office space plus a spacious one‑bedroom apartment
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 | $126.4k | $25.44 |
| − Vacancy | −$8.2k | −$1.65 |
| EGI | $118.2k | $23.79 |
| − OpEx | −$35.5k | −$7.14 |
| NOI | $82.7k | $16.65 |
Alternative Uses
Property Analytics
Current Use by Public Records
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