Duplex with One-Car
For Sale
$385,000
Pending
57 Hazael Street, Providence, RI 02908
Residential Income, Providence, RI
Property Size1,104 SF
Lot Size0.07 Acres
Days on Market98
Property Features for 57 Hazael Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Basement, Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 1
Parking
5
Interior features
Wall (Dry Wall), Plumbing (Mixed), Insulation (Unknown)
Basement
Unfinished, Storage Space, Full
Appliances
Dryer, Oven, Range, Refrigerator, Washer, Gas Water Heater
Subdivision
Elmhurt/Pc
Lot features
Corner Lot, Paved Driveway
Standard status
Pending
Size
1,104 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
4954
Utilities
Heating system
Natural Gas, Steam
Amenities
laundry area
Building Details
Year built
1930
Floors in Building
2
Number of units
2
Flooring type
Laminate, Carpet, Tile - Ceramic, Hardwood
Building materials
Dry Wall, Vinyl Siding
Buildings
1
Listing Agency:
Re/Max Properties · RE/MAX International
(401) 232-3900
Listed By:
Kerri Gemma
(401) 480-4983
Added: Jul 20
Changed: Oct 24
Last Checked: Oct 25 at 2:06AM
MLS# 1418336
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,104-square-foot duplex on a 0.0735-acre corner lot has two separate living areas. The first-floor unit includes two bedrooms, a living room, an eat-in kitchen, and a full bath; the second-floor unit has one bedroom, a living room, an eat-in kitchen, and a full bath. An unfinished basement adds storage, laundry space, and another full bath. The property also includes a one-car garage and a new roof.
Located in Providence, the property is described as close to schools, highways, and stores. The building was constructed in 1930 and has vinyl siding, with hardwood, ceramic tile, laminate, and carpet flooring. Heating is steam with natural gas.
Located in Providence, the property is described as close to schools, highways, and stores. The building was constructed in 1930 and has vinyl siding, with hardwood, ceramic tile, laminate, and carpet flooring. Heating is steam with natural gas.
Key Highlights
- Two dwelling units with separate kitchens, living rooms, and full baths
- First‑floor unit has 2 bedrooms; second‑floor unit has 1 bedroom
- 1,104 square feet on a 0.0735‑acre corner lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,642
Cap Rate
4.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$372,840
$372.8K
Cap Rate 7%
$266,314
$266.3K
Cap Rate 9%
$207,133
$207.1K
Market Conditions
NOI Build-Up for 1,104 SF
Gross rent
$28.5K $25.80/SF
− Vacancy
−$1.9K −$1.68/SF
EGI
$26.6K $24.12/SF
− OpEx
−$8.0K −$7.24/SF
NOI
$18.6K $16.89/SF
Area
Providence, RI
Vacancy
6.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$372,840
Cap Rate 7%
$266,314
Cap Rate 9%
$207,133
Alternative Uses
Best Use
Multifamily LT 5
$266.3K
$233.0K – $310.7K
NOI $18,642 @ 7.0% cap · market cap 4.84%
Second Best
Apartment 5plus
$239.2K
$209.3K – $279.1K
NOI $16,745 @ 7.0% cap · market cap 4.35%
Theoretical Best
Office A
$369.3K
$323.2K – $430.9K
NOI $25,854 @ 7.0% cap · market cap 6.72%
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
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
497
Businesses Nearby
Explore this area
Business Placement
Demographics for 02908, RI
38,507
Population
17,160
Households
2.2
Avg Household Size
32
Median Age
29%
College-Educated
84%
High-School Grad
3.4 sq mi
ZIP Area
11,326
Density / Sq Mi
$74,341
Median Household Income
$42,947
Median Earnings
$1,381
Median Rent
$293,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has a kitchen, living room, bedroom space, and a full bath.
Where is this duplex located?
The property is located at 57 Hazael Street Providence, RI.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Two dwelling units with separate kitchens, living rooms, and full baths; First‑floor unit has 2 bedrooms; second‑floor unit has 1 bedroom; 1,104 square feet on a 0.0735‑acre corner lot
