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Triplex with Two-Car Garage
New
For Sale
$710,000

84 Carpenter Street, Pawtucket, RI 02860

Residential Income, Pawtucket, RI

Property Size3,290 SF
Lot Size0.11 Acres
Price / SF$215.81
Days on Market1

Property Features for 84 Carpenter Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 10
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 7, Bedroom 8, Bedroom 10, Bathroom 4, Bathroom 3, Bedroom 5, Bedroom 2, Bathroom 2, Bedroom 6, Bedroom 4, Basement, Bedroom 9
Parking 8
Interior features Wall (Dry Wall), Wall (Plaster), Attic, Plumbing (Mixed), Insulation (Unknown)
Basement Full, Unfinished
Appliances Oven, Range, Refrigerator, Gas Water Heater
Subdivision Woodlawn
Lot features Fenced, Paved Driveway
Standard status Active
Size 3,290 SF
Lot size 0.11 Acres

Additional Details

Tenant in Place Yes
Individually Metered Utilities unspecified utilities

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 6484

Utilities

Heating system Natural Gas, Baseboard

Building Details

Year built 1900
Floors in Building 3
Number of units 3
Flooring type Laminate, Tile - Ceramic, Hardwood
Building materials Dry Wall, Plaster, Vinyl Siding
Buildings 1
Listing Agency: Re/Max Professionals · RE/MAX International
Listed By: Nelson Esteves · License #RES.0029681
Added: Nov 6 Last Checked: Nov 6 at 1:06PM
MLS# 1427972

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.

Rey
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Investment Insights

Based on property information with market context.

At 84 Carpenter Street, this 3,290-square-foot triplex dates to 1900 and sits on a 0.1148-acre lot. Each unit has three bedrooms, with an additional bedroom and bathroom on the third floor. The property also includes a basement for storage and a two-car garage. Separate utilities serve the units, and heating and hot water are gas-powered.

The building is near the Pawtucket train station, with highway access, schools, and shopping also nearby. The first-floor unit has a long-term tenant; family members occupy other portions of the property.

Key Highlights

  • Three‑unit property totaling 3,290 square feet
  • 0.1148‑acre lot at 84 Carpenter Street, Pawtucket, RI
  • Three bedrooms per unit, plus an additional third‑floor bedroom and bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$54,780
Cap Rate
7.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,095,600 $1.1M
Cap Rate 7%
$782,571 $782.6K
Cap Rate 9%
$608,667 $608.7K
Market Conditions
NOI Build-Up for 3,290 SF
Gross rent
$83.7K $25.44/SF
− Vacancy
−$5.4K −$1.65/SF
EGI
$78.3K $23.79/SF
− OpEx
−$23.5K −$7.14/SF
NOI
$54.8K $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%
$1,095,600
Cap Rate 7%
$782,571
Cap Rate 9%
$608,667

Alternative Uses

Best Use
Multifamily LT 5
$782.6K
$684.8K – $913.0K (±1% cap)
NOI $54,780 @ 7.0% cap · market cap 7.72%
Second Best
Apartment 5plus
$621.1K
$543.5K – $724.6K (±1% cap)
NOI $43,476 @ 7.0% cap · market cap 6.12%
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
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Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

937
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Triplexes in Pawtucket, RI

$189 Jul
$184 Aug
$179 Sep
$155 Oct

Properties on Market for Triplexes in Pawtucket

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Separate utilities and gas heat and hot water serve the three-unit property.
Where is this triplex located?
The property is located at 84 Carpenter Street Pawtucket, RI.
What is the asking price?
The asking price for this property is $710,000.
What are key features of this property?
This property features: Three‑unit property totaling 3,290 square feet; 0.1148‑acre lot at 84 Carpenter Street, Pawtucket, RI; Three bedrooms per unit, plus an additional third‑floor bedroom and bathroom
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