Three-Unit
New
For Sale
$474,900
70 Pacific Street, Central Falls, RI 02863
Residential Income, Central Falls, RI
Property Size2,868 SF
Lot Size0.09 Acres
Price / SF$165.59
Days on Market3
Property Features for 70 Pacific Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bedroom 4, Bathroom 3, Bedroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Basement, Bathroom 2
Parking
2
Parking features
None
Interior features
Plumbing (Mixed), Insulation (Unknown)
Basement
Unfinished, Full
Appliances
Oven, Range, Refrigerator, Gas Water Heater
Lot features
Fenced, Paved Driveway, Sidewalks
Standard status
Active
Size
2,868 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
5525
Utilities
Heating system
Natural Gas, Baseboard, Central
Building Details
Year built
1900
Floors in Building
3
Number of units
3
Flooring type
Hardwood
Building materials
Vinyl Siding
Listing Agency:
Century 21 Gonsalves - Pastore · Coldwell Banker Real Estate
Listed By:
Robin Pastore · License #RES.0024397
(401) 728-2770
Added: Oct 29
Changed: Oct 30
Last Checked: Oct 31 at 11:06PM
MLS# 1427283
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 2,868-square-foot triplex was built in 1900 on a 0.0865-acre lot. The first-floor unit has more than 1,300 square feet of living area, a large kitchen, and a family room that opens to a three-season area; the space may also serve as a third bedroom. The second-floor unit includes two bedrooms, a formal dining room and a family room. A one-bedroom unit occupies the third floor. Hardwood flooring is present, and the property has vinyl siding and a gas-fired baseboard heating system.
The property is on a one-way street in Central Falls, near shops, restaurants, schools and public transportation. It is being sold as-is, and probate court approval is required and in process. The second-floor bathroom may need cosmetic work. The property has not been inspected for lead, and it is fire coded.
The property is on a one-way street in Central Falls, near shops, restaurants, schools and public transportation. It is being sold as-is, and probate court approval is required and in process. The second-floor bathroom may need cosmetic work. The property has not been inspected for lead, and it is fire coded.
Key Highlights
- 2,868 square feet on a 0.0865‑acre lot
- Three‑unit property built in 1900
- First‑floor unit has more than 1,300 square feet, a large kitchen and a family room with a three‑season area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,899
Cap Rate
7.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$757,980
$758.0K
Cap Rate 7%
$541,414
$541.4K
Cap Rate 9%
$421,100
$421.1K
Market Conditions
NOI Build-Up for 2,868 SF
Gross rent
$73.3K $25.56/SF
− Vacancy
−$4.4K −$1.53/SF
EGI
$68.9K $24.03/SF
− OpEx
−$31.0K −$10.81/SF
NOI
$37.9K $13.21/SF
Area
Providence County, RI
Vacancy
6.00%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$757,980
Cap Rate 7%
$541,414
Cap Rate 9%
$421,100
Alternative Uses
Best Use
Multifamily LT 5
$682.2K
$596.9K – $795.9K
NOI $47,754 @ 7.0% cap · market cap 10.06%
Second Best
Apartment 5plus
$541.4K
$473.7K – $631.7K
NOI $37,899 @ 7.0% cap · market cap 7.98%
Theoretical Best
—
—
same as Best Use
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
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,533
Businesses Nearby
Explore this area
Business Placement
Demographics for 02863, RI
22,596
Population
8,341
Households
2.7
Avg Household Size
32
Median Age
12%
College-Educated
60%
High-School Grad
1.2 sq mi
ZIP Area
18,830
Density / Sq Mi
$45,921
Median Household Income
$30,050
Median Earnings
$1,118
Median Rent
$300,500
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?
Triplex - The units offer varied layouts, hardwood flooring and a first-floor family room with walkout access to a three-season area.
Where is this triplex located?
The property is located at 70 Pacific Street Central Falls, RI.
What is the asking price?
The asking price for this property is $474,900.
What are key features of this property?
This property features: 2,868 square feet on a 0.0865‑acre lot; Three‑unit property built in 1900; First‑floor unit has more than 1,300 square feet, a large kitchen and a family room with a three‑season area
