Massive Occupied Four-Family
82-84 Webster Street, Pawtucket, RI 02861
Income-generating four-family unit in prime location, close to I95.
Type:Multi-family
Property size:
3,742 SFPrice / SF:
$213/SF- Added:
- May 12, 2026
- Days on Market:
- 19
- Last Refresh:
- May 19 at 3:22 am
Property Features for 82-84 Webster Street
General Information
- Standard status
- Active
- Size
- 3,742 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1900
Listing agent Luis Martins Realty Team
Listing office RE/MAX Synergy
Listing date May 12, 2026
Source Eganrealtygroup
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 RE/MAX Synergy
HighLights
- Income‑generating 4‑family unit with 3 of 4 units currently rented, providing immediate cash flow.
- Prime location in the Darlington/Pine Crest area, close to schools and minutes from I‑95.
- Includes two spacious 3‑bedroom apartments, one 2‑bedroom apartment, and one 1‑bedroom apartment.
- All units have delead certificates, increasing rental desirability.
- Turnkey property requiring minimal immediate investment.
- Features off‑street parking and a large backyard suitable for gatherings.
Overview
This occupied four-family unit is located in the Darlington/Pine Crest area. The property includes two 3-bedroom apartments, one 1-bedroom unit, and one 2-bedroom unit, all with delead certificates. Three units are currently rented, providing immediate cash flow for investors. The property is located close to schools and minutes from the I95 highway on-ramp. It also features off-street parking and a backyard suitable for cookouts and gatherings. The property size is 3742 square feet.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $95.2k | $25.44 |
| − Vacancy | −$6.2k | −$1.65 |
| EGI | $89.0k | $23.79 |
| − OpEx | −$26.7k | −$7.14 |
| NOI | $62.3k | $16.65 |
3,742 SF · lease $25.44/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$890.1K
$778.8K – $1.04M
NOI $62,306 @ 7.0% cap · market cap 7.79%
Second Best
Apartment 5plus
$706.4K
$618.1K – $824.2K
NOI $49,449 @ 7.0% cap · market cap 6.18%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Pawtucket
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.3690655
- Latitude
- 41.8906396
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Income-generating four-family unit in prime location, close to I95.
Where is this quadplex located?
The property is located at 82-84 Webster Street Pawtucket, RI.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Income‑generating 4‑family unit with 3 of 4 units currently rented, providing immediate cash flow.; Prime location in the Darlington/Pine Crest area, close to schools and minutes from I‑95.; Includes two spacious 3‑bedroom apartments, one 2‑bedroom apartment, and one 1‑bedroom apartment.
