Two-Unit Duplex with Basement
For Sale
$449,800
55 Rebekah Street, Woonsocket, RI 02895
A tenant occupies the upper residence, while the lower unit includes three bedrooms and direct basement access.
Property Size2,072 SF
Price / SF$217.08
Days on Market93
Property Features for 55 Rebekah Street
General Information
Standard status
Active
Size
2,072 SF
Total Parking Spaces
5
Property subtype
Multi Family Home
Units
Unit Mix
1 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$4,207
Amenities
Tub Shower
Building Details
Building Size
2,072 SF
Year Built
1913
Buildings
1
Stories
2
Units
2
Listing Agency:
Keller Williams Leading Edge
(401) 333-4900
Listed By:
Riley White · License #REB.0019467
(401) 575-1285
Source:
Caldwellrealtyri
Added: Aug 6
Changed: Nov 6
Last Checked: Nov 6 at 1:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Leading Edge
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Investment Insights
Based on property information with market context.
This 2,072-square-foot duplex was built in 1913 and contains two separate residences. The first-floor unit has three bedrooms, one full bath, and direct access to the basement. Upstairs, the second unit offers two bedrooms and one full bath and is currently tenant-occupied.
The property is at 55 Rebekah Street in Woonsocket, Rhode Island. The listing identifies nearby schools, shopping, restaurants, and major highways, without specifying their names or distances.
The property is at 55 Rebekah Street in Woonsocket, Rhode Island. The listing identifies nearby schools, shopping, restaurants, and major highways, without specifying their names or distances.
Key Highlights
- Two units: first floor has 3 bedrooms and 1 full bath; second floor has 2 bedrooms and 1 full bath
- 2,072‑square‑foot building, constructed in 1913
- First‑floor unit has direct basement access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,500
Cap Rate
7.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$690,000
$690.0K
Cap Rate 7%
$492,857
$492.9K
Cap Rate 9%
$383,333
$383.3K
Market Conditions
NOI Build-Up for 2,072 SF
Gross rent
$52.7K $25.44/SF
− Vacancy
−$3.4K −$1.65/SF
EGI
$49.3K $23.79/SF
− OpEx
−$14.8K −$7.14/SF
NOI
$34.5K $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%
$690,000
Cap Rate 7%
$492,857
Cap Rate 9%
$383,333
Alternative Uses
Best Use
Multifamily LT 5
$492.9K
$431.3K – $575.0K
NOI $34,500 @ 7.0% cap · market cap 7.67%
Second Best
Apartment 5plus
$391.1K
$342.3K – $456.3K
NOI $27,380 @ 7.0% cap · market cap 6.09%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
602
Businesses Nearby
Explore this area
Business Placement
Demographics for 02895, RI
43,269
Population
19,443
Households
2.2
Avg Household Size
38
Median Age
19%
College-Educated
82%
High-School Grad
7.8 sq mi
ZIP Area
5,547
Density / Sq Mi
$58,579
Median Household Income
$40,929
Median Earnings
$1,116
Median Rent
$267,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Woonsocket, RI
Properties on Market for Duplexes in Woonsocket
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A tenant occupies the upper residence, while the lower unit includes three bedrooms and direct basement access.
Where is this duplex located?
The property is located at 55 Rebekah Street Woonsocket, RI.
What is the asking price?
The asking price for this property is $449,800.
What are key features of this property?
This property features: Two units: first floor has 3 bedrooms and 1 full bath; second floor has 2 bedrooms and 1 full bath; 2,072‑square‑foot building, constructed in 1913; First‑floor unit has direct basement access
