New Construction
For Sale
$699,900
86 Lynch Street, Providence, RI 02908
Residential Income, Providence, RI
Property Size2,100 SF
Lot Size0.07 Acres
Price / SF$333.29
Days on Market39
Property Features for 86 Lynch Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 6, Basement, Bedroom 5, Bathroom 1, Bedroom 1
Parking
2
Parking features
None
Basement
Full, Unfinished
Appliances
Gas Water Heater
Standard status
Active
Size
2,100 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1851
Utilities
Heating system
Forced Air, Natural Gas
Building Details
Year built
2025
Number of units
2
Flooring type
Hardwood
Building materials
Vinyl Siding
Listing Agency:
Century 21 Limitless · Century 21 Real Estate
(508) 567-3468
Listed By:
Kyle Seyboth · License #REB.0019335
(508) 726-3492
Added: Aug 28
Changed: Oct 1
Last Checked: Oct 5 at 4:06PM
MLS# 1421809
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.
Completed in 2025, this duplex contains 2,100 square feet across two residential units on a 0.07-acre lot. Both residences feature contemporary layouts, hardwood flooring, and kitchens equipped with stainless steel appliances. Natural-gas forced-air heating and a gas water heater serve the property, while vinyl siding provides the exterior finish.
The building includes a large unfinished basement for storage. The property is located at 86 Lynch Street in Providence, near major highways, public transportation, shopping, dining, and other local amenities. No parking is provided on site.
The building includes a large unfinished basement for storage. The property is located at 86 Lynch Street in Providence, near major highways, public transportation, shopping, dining, and other local amenities. No parking is provided on site.
Key Highlights
- 2025 construction with 2,100 square feet of building area
- Two‑family configuration on a 0.07‑acre lot
- Hardwood flooring and stainless steel kitchen appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,461
Cap Rate
5.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$709,220
$709.2K
Cap Rate 7%
$506,586
$506.6K
Cap Rate 9%
$394,011
$394.0K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$54.2K $25.80/SF
− Vacancy
−$3.5K −$1.68/SF
EGI
$50.7K $24.12/SF
− OpEx
−$15.2K −$7.24/SF
NOI
$35.5K $16.89/SF
Area
Providence, RI
Vacancy
6.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$709,220
Cap Rate 7%
$506,586
Cap Rate 9%
$394,011
Alternative Uses
Best Use
Multifamily LT 5
$506.6K
$443.3K – $591.0K
NOI $35,461 @ 7.0% cap · market cap 5.07%
Second Best
Apartment 5plus
$455.0K
$398.2K – $530.9K
NOI $31,852 @ 7.0% cap · market cap 4.55%
Theoretical Best
Office A
$702.6K
$614.8K – $819.7K
NOI $49,180 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
828
Businesses Nearby
Explore this area
Business Placement
Demographics for 02908, RI
38,507
Population
17,160
Households
2.2
Avg Household Size
32
Median Age
29%
College-Educated
84%
High-School Grad
3.4 sq mi
ZIP Area
11,326
Density / Sq Mi
$74,341
Median Household Income
$42,947
Median Earnings
$1,381
Median Rent
$293,800
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 - Two residential units feature contemporary interiors, hardwood flooring, stainless steel appliances, and an unfinished basement.
Where is this duplex located?
The property is located at 86 Lynch Street Providence, RI.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: 2025 construction with 2,100 square feet of building area; Two‑family configuration on a 0.07‑acre lot; Hardwood flooring and stainless steel kitchen appliances
