584 Armistice Boulevard Pawtucket, RI 02861
MULTI_FAMILY - Pawtucket, RI
Property Features for 584 Armistice Boulevard
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 2, Basement
- Parking
- 5
- Parking features
- Garage
- Window features
- Storm Window(s)
- Interior features
- Plumbing (Mixed), Insulation (Unknown)
- Basement
- Partially Finished, Full, Storage Space
- Appliances
- Dishwasher, Microwave, Oven/Range, Refrigerator
- Standard status
- Pending
- Size
- 2,740 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6358
Utilities
- Heating system
- Baseboard, Natural Gas
Building Details
- Year built
- 1968
- Floors in Building
- 3
- Number of units
- 3
- Flooring type
- Laminate, Vinyl, Hardwood, Carpet
- Building materials
- Brick
Listing agent Donna DiGiulio License #RES.0787332 (401) 942-0200
Listing office Williams & Stuart Real Estate 170 Mayfield Avenue, Cranston, RI (401) 942-0200
Listing date May 1, 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.
Key Highlights
- Solid 3‑family property built in 1968 with a strong rental history and lead safe certificates already in place
- Two units have updated kitchens with new countertops; all three kitchens are large enough for casual dining areas
- Several interiors feature hardwood floors, with a mix of updated flooring including laminate, vinyl, and carpet
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 | $69.7k | $25.44 |
| − Vacancy | −$4.5k | −$1.65 |
| EGI | $65.2k | $23.79 |
| − OpEx | −$19.6k | −$7.14 |
| NOI | $45.6k | $16.65 |
