Two-Unit
New
For Sale
$600,000
65 Darlingdale Avenue, Pawtucket, RI 02961
The vacant upstairs residence offers flexibility for owner occupancy or a new tenant.
Property Size2,024 SF
Price / SF$296.44
Days on Market5
Property Features for 65 Darlingdale Avenue
General Information
Standard status
Active
Size
2,024 SF
Property subtype
MultiFamily
Units
Unit Mix
2 x 3BR/1BA
Multifamily Units
2
Building Details
Year Built
1930
Buildings
1
Listing Agency:
Brunet & Company Real Estate
(860) 412-9056
Listed By:
Sarah DaSilva · License #RES.0206644
(860) 617-6274
Source:
Lockandkeyre
Added: Oct 9
Changed: Oct 13
Last Checked: Oct 12 at 7:10PM
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 Brunet & Company Real Estate
Investment Insights
Based on property information with market context.
This two-family duplex in Pawtucket contains two three-bedroom, one-bathroom apartments. The second-floor residence is vacant, and its heating system and plumbing have been replaced. The roof is approximately eight years old.
The property also includes fenced front and rear yards, a driveway, and additional on-street parking. Built in 1930, it has separate living units and outdoor space.
The property also includes fenced front and rear yards, a driveway, and additional on-street parking. Built in 1930, it has separate living units and outdoor space.
Key Highlights
- Two apartments, each with 3 bedrooms and 1 bathroom
- Second‑floor apartment is vacant
- New heating system and plumbing in the second‑floor apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,701
Cap Rate
5.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$674,020
$674.0K
Cap Rate 7%
$481,443
$481.4K
Cap Rate 9%
$374,456
$374.5K
Market Conditions
NOI Build-Up for 2,024 SF
Gross rent
$51.5K $25.44/SF
− Vacancy
−$3.3K −$1.65/SF
EGI
$48.1K $23.79/SF
− OpEx
−$14.4K −$7.14/SF
NOI
$33.7K $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%
$674,020
Cap Rate 7%
$481,443
Cap Rate 9%
$374,456
Alternative Uses
Best Use
Multifamily LT 5
$481.4K
$421.3K – $561.7K
NOI $33,701 @ 7.0% cap · market cap 5.62%
Second Best
Apartment 5plus
$382.1K
$334.3K – $445.8K
NOI $26,746 @ 7.0% cap · market cap 4.46%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,008
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - The vacant upstairs residence offers flexibility for owner occupancy or a new tenant.
Where is this duplex located?
The property is located at 65 Darlingdale Avenue Pawtucket, RI.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Two apartments, each with 3 bedrooms and 1 bathroom; Second‑floor apartment is vacant; New heating system and plumbing in the second‑floor apartment
