5443 Post Road Charlestown, RI 02813
MULTI_FAMILY - Charlestown, RI
Property Features for 5443 Post Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3A
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 3, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 6, Basement, Bathroom 2
- Parking
- 10
- Patio and Porch features
- Patio, Deck
- Interior features
- Wall (Dry Wall), Wall (Plaster), Plumbing (Mixed), Insulation (Ceiling), Insulation (Unknown), Insulation (Walls)
- Exterior features
- Deck, Patio
- Fireplace
- 1
- Basement
- Unfinished, Full
- Appliances
- Electric Water Heater, Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
- Standard status
- Active
- Size
- 3,560 SF
- Lot size
- 1.59 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4140
Utilities
- Sewer type
- Septic Tank
- Heating system
- Oil, Baseboard, Electric (Heating)
- Cooling system
- Window Unit(s)
- Water source
- Well
Building Details
- Year built
- 1950
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Hardwood, Carpet, Tile - Ceramic
- Building materials
- Dry Wall, Plaster, Clapboard, Shingles, Wood
Listing agent Marie Theriault (401) 447-4148
Listing office Ocean Roads Realty Llc 238 Robinson Street, Wakefield, RI (401) 447-4148
Listing date Jul 15, 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.
The home includes a large backyard and circular driveway for space for family, guests, and parking. There is a full unfinished basement, along with a storage room leading to an attached 2-car garage. The property also includes deeded water rights to Ninigret Pond, accessible across Route 1 via a path.
Systems and improvements include a high-tech 6-bed denitrification (OWTS) installed in 2013, an updated oil furnace for Units 1 and 2 in 2013, a roof replacement in 2013, and electric hot water tanks for Units 1 and 2 installed in 2017–2018. Zoned R3A.
Key Highlights
- Three‑family home with ocean and salt pond views, including views extending toward Block Island and sunsets
- 3 units: Unit 1 (2BD/1BA) owner occupied; Unit 2 (3BD/1BA) on second floor; Unit 3 (1BD/1BA) on first level
- Separate electrical panels for each unit; Unit 3 is all‑electric with its own hot water tank
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 | $64.1k | $18.00 |
| − Vacancy | −$2.7k | −$0.77 |
| EGI | $61.3k | $17.23 |
| − OpEx | −$18.4k | −$5.17 |
| NOI | $42.9k | $12.06 |
