Triplex with Updated
73 Arch Street, Pawtucket, RI 02860
For Sale
New
$754,900
Separate gas heating systems serve the three residential units, with off-street parking available.
Property Size3,846 SF
Price / SF$196.28
Days on Market2
Property Features for 73 Arch Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
Circle 100 Real Estate Brokerage LLC
(401) 336-6083
Listed By:
Celina Lemos Tillett
(401) 965-8556
Source:
Isosrealty
Added: Nov 11
Last Checked: Nov 12 at 3:44AM
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 Circle 100 Real Estate Brokerage LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Pawtucket triplex contains three spacious, updated units, each with a new kitchen. Separate gas heating systems serve the residences, and the property also includes an unfinished attic, off-street parking, and a roof described as young. The building dates to 1930 and is zoned RM.
Key Highlights
- Three new kitchens across spacious, updated units
- Separate gas heating systems
- Off‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,038
Cap Rate
8.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,280,760
$1.3M
Cap Rate 7%
$914,829
$914.8K
Cap Rate 9%
$711,533
$711.5K
Market Conditions
NOI Build-Up for 3,846 SF
Gross rent
$97.8K $25.44/SF
− Vacancy
−$6.4K −$1.65/SF
EGI
$91.5K $23.79/SF
− OpEx
−$27.4K −$7.14/SF
NOI
$64.0K $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%
$1,280,760
Cap Rate 7%
$914,829
Cap Rate 9%
$711,533
Alternative Uses
Best Use
Multifamily LT 5
$914.8K
$800.5K – $1.07M
NOI $64,038 @ 7.0% cap · market cap 8.48%
Second Best
Apartment 5plus
$726.0K
$635.3K – $847.1K
NOI $50,823 @ 7.0% cap · market cap 6.73%
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?
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Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,255
Businesses Nearby
Explore this area
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
$287,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Triplexes in Pawtucket, RI
Properties on Market for Triplexes in Pawtucket
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Separate gas heating systems serve the three residential units, with off-street parking available.
Where is this triplex located?
The property is located at 73 Arch Street Pawtucket, RI.
What is the asking price?
The asking price for this property is $754,900.
What are key features of this property?
This property features: Three new kitchens across spacious, updated units; Separate gas heating systems; Off‑street parking
