Two-Family Duplex with
For Sale
$469,000
73 Boyden Street, Woonsocket, RI 02895
Residential Income, Woonsocket, RI
Property Size1,464 SF
Lot Size0.08 Acres
Price / SF$320.36
Days on Market39
Property Features for 73 Boyden Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R4
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 1, Basement, Bathroom 2
Parking
2
Parking features
None
Interior features
Wall (Dry Wall), Stairs, Plumbing (Mixed)
Basement
Unfinished, Storage Space, Partial
Appliances
Dryer, Exhaust Fan, Microwave, Oven, Range, Refrigerator, Washer
Standard status
Active
Size
1,464 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3387
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Oil, Baseboard
Cooling system
Window Unit(s)
Amenities
solar panels
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Flooring type
Tile - Ceramic, Hardwood, Laminate
Building materials
Dry Wall, Shingles
Listing Agency:
Bhhs Commonwealth Real Estate · Berkshire Hathaway HomeServices
(401) 849-1800
Listed By:
James Drumm · License #RES.0044269
(401) 391-2223
Added: Sep 3
Changed: Oct 11
Last Checked: Oct 11 at 2:06AM
MLS# 1422318
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.
Investment Insights
Based on property information with market context.
Configured as a two-family home, this 1,464-square-foot duplex sits on a 0.077-acre parcel and was built in 1900. Improvements include solar panels, new hot water tanks, refreshed bathrooms, and new flooring. R4 zoning is in place.
The property is within walking distance of downtown Woonsocket. Interior features include hardwood, ceramic tile, and laminate flooring, along with window-unit cooling and electric and oil baseboard heat.
The property is within walking distance of downtown Woonsocket. Interior features include hardwood, ceramic tile, and laminate flooring, along with window-unit cooling and electric and oil baseboard heat.
Key Highlights
- Two‑family configuration in a 1,464‑square‑foot building
- 0.077‑acre parcel with R4 zoning
- Solar panels and new hot water tanks
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,376
Cap Rate
5.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$487,520
$487.5K
Cap Rate 7%
$348,229
$348.2K
Cap Rate 9%
$270,844
$270.8K
Market Conditions
NOI Build-Up for 1,464 SF
Gross rent
$37.2K $25.44/SF
− Vacancy
−$2.4K −$1.65/SF
EGI
$34.8K $23.79/SF
− OpEx
−$10.4K −$7.14/SF
NOI
$24.4K $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%
$487,520
Cap Rate 7%
$348,229
Cap Rate 9%
$270,844
Alternative Uses
Best Use
Multifamily LT 5
$348.2K
$304.7K – $406.3K
NOI $24,376 @ 7.0% cap · market cap 5.20%
Second Best
Apartment 5plus
$276.4K
$241.8K – $322.4K
NOI $19,346 @ 7.0% cap · market cap 4.12%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,048
Businesses Nearby
Explore this area
Business Placement
Demographics for 02895, RI
43,269
Population
19,443
Households
2.2
Avg Household Size
38
Median Age
19%
College-Educated
82%
High-School Grad
7.8 sq mi
ZIP Area
5,547
Density / Sq Mi
$58,579
Median Household Income
$40,929
Median Earnings
$1,116
Median Rent
$267,900
Median Home Value
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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 - Solar panels and updated bathrooms serve a compact residential income property.
Where is this duplex located?
The property is located at 73 Boyden Street Woonsocket, RI.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: Two‑family configuration in a 1,464‑square‑foot building; 0.077‑acre parcel with R4 zoning; Solar panels and new hot water tanks
