Renovated Triplex with In-Unit
57 Garden Street, Pawtucket, RI 02860
New
MULTI_FAMILY - Pawtucket, RI
Property size:
3,678 SFLot size:
0.08 AcresPrice / SF:
$190/SF- Added:
- Jul 8, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 9 at 12:06 am
Property Features for 57 Garden Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bathroom 2, Bedroom 6, Bedroom 2, Bathroom 4, Basement, Bathroom 3, Bedroom 4, Bedroom 5, Bedroom 7, Bedroom 8, Bathroom 1, Bedroom 1
- Parking
- 4
- Parking features
- None
- Interior features
- Wall (Dry Wall), Wall (Plaster), Insulation (Unknown)
- Basement
- Storage Space, Full, Unfinished
- Appliances
- Gas Water Heater, Dryer, Range Hood, Microwave, Oven/Range, Refrigerator, Washer
- Standard status
- Active
- Size
- 3,678 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5435
Utilities
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 3
- Number of units
- 3
- Flooring type
- Vinyl, Tile - Ceramic
- Building materials
- Dry Wall, Plaster, Shingles
Listing agent The Hiraldo Group (508) 810-0700
Listing office Bhhs Commonwealth Real Estate 39 Main Street, Hopkinton, RI (401) 886-6100
Listing date Jul 8, 2026
MLS# 1417313
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.
HighLights
- Fully renovated multi‑family home with three move‑in‑ready units, each with brand‑new kitchens and fully updated bathrooms.
- 3‑bedroom/2‑bath first‑floor unit plus flexible 2–3 bedroom/1‑bath second‑floor unit and 3‑bedroom/1‑bath third‑floor unit.
- Laundry in each unit and appliances included: gas water heater, washer, dryer, refrigerator, microwave, oven/range, and range hood.
- Luxury vinyl plank flooring throughout with tile‑ceramic and vinyl flooring listed.
- Natural gas heating; water served by public water.
- Year built: 1920; parking: none listed.
Overview
This fully renovated triplex at 57 Garden Street in Pawtucket, Rhode Island offers three spacious, modern, move-in-ready units. Each unit has been updated throughout, including brand-new kitchens with sleek cabinetry, quartz countertops, and backsplash finishes, as well as luxury vinyl plank flooring throughout. The bathrooms are fully updated and the home is designed for day-to-day convenience with laundry included in every unit. Unit mix includes a 3-bedroom, 2-bath first-floor residence, a second-floor unit that is flexible as either a 2- or 3-bedroom, 1-bath configuration, and a third-floor 3-bedroom, 1-bath layout. All three units are currently vacant, providing immediate flexibility for an owner-occupant, extended family, or a buyer looking to stabilize occupancy with minimal downtime.
The property is located in Providence County and carries RM zoning. The lot size is approximately 0.0832 acres, and the total property size is listed as 3,678 square feet.
With kitchens, flooring, and bathrooms brought up to date across all three units, the building is presented as a turnkey option for tenants and buyers seeking a renovated multi-family asset with practical in-unit laundry. The varied bedroom counts also support multiple household types, from 2-bedroom arrangements to larger 3-bedroom layouts.
The property is located in Providence County and carries RM zoning. The lot size is approximately 0.0832 acres, and the total property size is listed as 3,678 square feet.
With kitchens, flooring, and bathrooms brought up to date across all three units, the building is presented as a turnkey option for tenants and buyers seeking a renovated multi-family asset with practical in-unit laundry. The varied bedroom counts also support multiple household types, from 2-bedroom arrangements to larger 3-bedroom layouts.
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 | $93.6k | $25.44 |
| − Vacancy | −$6.1k | −$1.65 |
| EGI | $87.5k | $23.79 |
| − OpEx | −$26.2k | −$7.14 |
| NOI | $61.2k | $16.65 |
3,678 SF · lease $25.44/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$874.9K
$765.5K – $1.02M
NOI $61,240 @ 7.0% cap · market cap 8.75%
Second Best
Apartment 5plus
$694.3K
$607.5K – $810.1K
NOI $48,603 @ 7.0% cap · market cap 6.94%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Pawtucket
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.390893
- Latitude
- 41.873795
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Turnkey renovated triplex with three vacant units and laundry in each unit for convenient, owner-ready occupancy.
Where is this triplex located?
The property is located at 57 Garden Street Pawtucket, RI.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Fully renovated multi‑family home with three move‑in‑ready units, each with brand‑new kitchens and fully updated bathrooms.; 3‑bedroom/2‑bath first‑floor unit plus flexible 2–3 bedroom/1‑bath second‑floor unit and 3‑bedroom/1‑bath third‑floor unit.; Laundry in each unit and appliances included: gas water heater, washer, dryer, refrigerator, microwave, oven/range, and range hood.
