Three-Unit Multifamily
New
For Sale
$639,900
628 Weeden Street, Pawtucket, RI 02860
Three rental units offer six bedrooms, three bathrooms, and shared basement storage.
Property Size2,916 SF
Price / SF$219.44
Days on Market4
Property Features for 628 Weeden Street
General Information
Standard status
Active
Size
2,916 SF
Property subtype
Multi-Unit (2-4)
Additional Details
Multifamily Units
3
Amenities
Lot Size Acres: 0.08, Lot Size Square Feet: 3920
Total Taxes: $6,768, Tax Year: 2026, Percentage of Tax that is Deductable: 0
Hardwood Floor, Tile Floor
Baseboard Heating, AC Zones: 1, Gas Heat Fuel
Sale, Sale Type: Foreclosure, Availability Date: 2026-10-22
Basement Type: Full, Unfinished
6 Bedrooms
Residential Style: Apartment, One Story, Built in 1920, 15 Rooms
Above Area Square Feet: 2916
3 Full Baths
Water Source: Other
Amps: 100
Vinyl Siding
Building Details
Year Built
1920
Listing Agency:
Your Home Sold Guaranteed Realty, The Nathan Clark Team
Listed By:
Rachel Sanville
(401) 232-7661
Source:
Doyle-realty
Added: Oct 22
Changed: Oct 25
Last Checked: Oct 25 at 2:37AM
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 Your Home Sold Guaranteed Realty, The Nathan Clark Team
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Investment Insights
Based on property information with market context.
This 1920-built triplex at 628 Weeden Street contains 2,916 square feet across three units, with a combined six bedrooms and three bathrooms. A full basement adds storage and utility space for the property.
Key Highlights
- Three residential units
- Six bedrooms and three bathrooms across the property
- 2,916 square feet of building area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,553
Cap Rate
7.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$971,060
$971.1K
Cap Rate 7%
$693,614
$693.6K
Cap Rate 9%
$539,478
$539.5K
Market Conditions
NOI Build-Up for 2,916 SF
Gross rent
$74.2K $25.44/SF
− Vacancy
−$4.8K −$1.65/SF
EGI
$69.4K $23.79/SF
− OpEx
−$20.8K −$7.14/SF
NOI
$48.6K $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%
$971,060
Cap Rate 7%
$693,614
Cap Rate 9%
$539,478
Alternative Uses
Best Use
Multifamily LT 5
$693.6K
$606.9K – $809.2K
NOI $48,553 @ 7.0% cap · market cap 7.59%
Second Best
Apartment 5plus
$550.5K
$481.7K – $642.2K
NOI $38,534 @ 7.0% cap · market cap 6.02%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
726
Businesses Nearby
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Business Placement
Demographics for 02860, RI
47,894
Population
21,467
Households
2.2
Avg Household Size
37
Median Age
25%
College-Educated
80%
High-School Grad
5.3 sq mi
ZIP Area
9,037
Density / Sq Mi
$59,954
Median Household Income
$42,038
Median Earnings
$1,112
Median Rent
$287,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three rental units offer six bedrooms, three bathrooms, and shared basement storage.
Where is this triplex located?
The property is located at 628 Weeden Street Pawtucket, RI.
What is the asking price?
The asking price for this property is $639,900.
What are key features of this property?
This property features: Three residential units; Six bedrooms and three bathrooms across the property; 2,916 square feet of building area
