Two-Unit Duplex with Detached
60 Greene Street Woonsocket, RI 02895
60 Greene Street, Woonsocket, RI, 02895
$429,900
For Sale
$429,900
Townhouse-style duplex with two 2-bedroom units and an oversized detached garage, plus extensive utility and exterior upgrades.
Property Size2,300 SF
Price / SF$186.91
Days on Market14
Property Features for 60 Greene Street
General Information
- Standard status
- Active
- Size
- 2,300 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1900
Listing agency
Williams & Stuart Real Estate
(401) 942-0200
Listed by
Dee Conley
Source
Lockandkeyre
Added: Jul 8 Updated: Jul 20 at 3:42AM Checked: Jul 21 at 3:06AM
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 Williams & Stuart Real Estate
Investment Insights
Based on property information with market context.
This townhouse-style duplex offers two separate 2-bedroom units, each laid out as a side-by-side configuration. The property includes an enormous 1,020 SF detached garage and plenty of parking. Improvements reported include an upgraded 200 amp electrical service, a young roof, replacement windows, and a brand new sewer line.
One unit has been totally renovated and includes original hardwoods, pocket doors, a walk-in closet, and a bonus room. The second unit provides handicap ramp access and accommodations, and is described as needing cosmetic updating to reach its full rental potential.
The exterior condition is noted as needing some attention, while the combination of modernized infrastructure and substantial detached parking/garage space supports a range of residential income uses at the duplex level.
One unit has been totally renovated and includes original hardwoods, pocket doors, a walk-in closet, and a bonus room. The second unit provides handicap ramp access and accommodations, and is described as needing cosmetic updating to reach its full rental potential.
The exterior condition is noted as needing some attention, while the combination of modernized infrastructure and substantial detached parking/garage space supports a range of residential income uses at the duplex level.
Key Highlights
- Townhouse‑style duplex with two 2‑bedroom units (side‑by‑side layout)
- Oversized 1,020 SF detached garage plus plenty of parking
- Upgraded 200‑amp electrical service
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 | $58.5k | $25.44 |
| − Vacancy | −$3.8k | −$1.65 |
| EGI | $54.7k | $23.79 |
| − OpEx | −$16.4k | −$7.14 |
| NOI | $38.3k | $16.65 |
2,300 SF · lease $25.44/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$547.1K
$478.7K – $638.3K
NOI $38,296 @ 7.0% cap · market cap 8.91%
Second Best
Apartment 5plus
$434.2K
$379.9K – $506.6K
NOI $30,393 @ 7.0% cap · market cap 7.07%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Townhouse-style duplex with two 2-bedroom units and an oversized detached garage, plus extensive utility and exterior upgrades.
Where is this duplex located?
The property is located at 60 Greene Street Woonsocket, RI.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: Townhouse‑style duplex with two 2‑bedroom units (side‑by‑side layout); Oversized 1,020 SF detached garage plus plenty of parking; Upgraded 200‑amp electrical service
