Two-Family Duplex with Detached
New
For Sale
$600,000
53 Byron Avenue, Pawtucket, RI 02860
Residential Income, Pawtucket, RI
Property Size2,700 SF
Lot Size0.11 Acres
Price / SF$222.22
Days on Market2
Property Features for 53 Byron Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 4, Basement, Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 1
Parking
7
Basement
Full, Unfinished, Storage Space
Appliances
Tankless Water Heater
Subdivision
Darlington
Standard status
Active
Size
2,700 SF
Lot size
0.11 Acres
Additional Details
Currently Operating
Yes
Taxes and HOA fees
Tax Year
2026
Utilities
Heating system
Baseboard, Natural Gas
Water source
Public
Amenities
fenced yard
basement laundry area
solar panels
Building Details
Year built
1901
Number of units
2
Flooring type
Carpet, Hardwood, Tile - Ceramic
Building materials
Vinyl Siding
Listing Agency:
Circle 100 Real Estate
(401) 336-6083
Listed By:
Yamanda Perez Jimenez
(401) 523-4983
Added: Oct 31
Changed: Nov 1
Last Checked: Nov 1 at 5:06AM
MLS# 1427488
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.
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Investment Insights
Based on property information with market context.
This 2,700-square-foot duplex contains two units, each configured with two bedrooms, one full bathroom, a kitchen, and living space. A first-floor office and basement laundry area supplement the residential layout. Interior finishes include hardwood flooring, carpet, ceramic tile, white kitchen cabinetry, stainless steel appliances, and a tile backsplash. The property was built in 1901 and has received updates over the past five years, including replacement windows, insulation, and separate Navien heating systems installed in 2021. Solar panels are paired with battery backup.
The 0.1136-acre property includes a fenced yard, paved driveway, and detached one-car garage. It is located in Pawtucket near the Rhode Island–Massachusetts border, with access to I-95 and I-195, shopping, dining, Narragansett Park Plaza, Centreville Bank Stadium, and the Pawtucket/Central Falls commuter rail station, which serves Providence and Boston.
The 0.1136-acre property includes a fenced yard, paved driveway, and detached one-car garage. It is located in Pawtucket near the Rhode Island–Massachusetts border, with access to I-95 and I-195, shopping, dining, Narragansett Park Plaza, Centreville Bank Stadium, and the Pawtucket/Central Falls commuter rail station, which serves Providence and Boston.
Key Highlights
- Two units, each with two bedrooms and one full bathroom
- 2,700 square feet on a 0.1136‑acre lot
- Separate Navien heating systems installed in 2021
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,956
Cap Rate
7.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$899,120
$899.1K
Cap Rate 7%
$642,229
$642.2K
Cap Rate 9%
$499,511
$499.5K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$68.7K $25.44/SF
− Vacancy
−$4.5K −$1.65/SF
EGI
$64.2K $23.79/SF
− OpEx
−$19.3K −$7.14/SF
NOI
$45.0K $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%
$899,120
Cap Rate 7%
$642,229
Cap Rate 9%
$499,511
Alternative Uses
Best Use
Multifamily LT 5
$642.2K
$562.0K – $749.3K
NOI $44,956 @ 7.0% cap · market cap 7.49%
Second Best
Apartment 5plus
$509.7K
$446.0K – $594.7K
NOI $35,679 @ 7.0% cap · market cap 5.95%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
521
Businesses Nearby
Explore this area
Business Placement
Demographics for 02860, RI
47,894
Population
21,467
Households
2.2
Avg Household Size
37
Median Age
25%
College-Educated
80%
High-School Grad
5.3 sq mi
ZIP Area
9,037
Density / Sq Mi
$59,954
Median Household Income
$42,038
Median Earnings
$1,112
Median Rent
$287,400
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 - Each residence has its own kitchen and heating system, with a first-floor office and basement laundry area.
Where is this duplex located?
The property is located at 53 Byron Avenue Pawtucket, RI.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Two units, each with two bedrooms and one full bathroom; 2,700 square feet on a 0.1136‑acre lot; Separate Navien heating systems installed in 2021
