Duplex with Large
For Sale
$479,900
869 Bernon St, Woonsocket, RI 02895
Two-family residence with a spacious interior and substantial outdoor area for recreation or gardening.
Property Size3,040 SF
Price / SF$157.86
Days on Market90
Property Features for 869 Bernon St
General Information
Standard status
Active
Size
3,040 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1951
Listing Agency:
Coldwell Banker Realty
Listed By:
Beatriz Giron, Beatriz Giron
(401) 333-0010
Source:
Alpernandmesenbourg
Added: Jul 18
Changed: Sep 5
Last Checked: Oct 7 at 2:35PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
Located at 869 Bernon Street in Woonsocket, this two-family residence was built in 1951 and offers a spacious interior with abundant natural light. The property also includes a large yard that can accommodate outdoor entertaining, gardening, or personal recreation.
Key Highlights
- Two‑family residence in Woonsocket, RI
- Built in 1951
- Spacious interior with abundant natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,172
Cap Rate
8.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$803,440
$803.4K
Cap Rate 7%
$573,886
$573.9K
Cap Rate 9%
$446,356
$446.4K
Market Conditions
NOI Build-Up for 3,040 SF
Gross rent
$77.7K $25.56/SF
− Vacancy
−$4.7K −$1.53/SF
EGI
$73.0K $24.03/SF
− OpEx
−$32.9K −$10.81/SF
NOI
$40.2K $13.21/SF
Area
Providence County, RI
Vacancy
6.00%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$803,440
Cap Rate 7%
$573,886
Cap Rate 9%
$446,356
Alternative Uses
Best Use
Multifamily LT 5
$723.1K
$632.7K – $843.6K
NOI $50,617 @ 7.0% cap · market cap 10.55%
Second Best
Apartment 5plus
$573.9K
$502.2K – $669.5K
NOI $40,172 @ 7.0% cap · market cap 8.37%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
803
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
Check the figures for this property
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-family residence with a spacious interior and substantial outdoor area for recreation or gardening.
Where is this duplex located?
The property is located at 869 Bernon St Woonsocket, RI.
What is the asking price?
The asking price for this property is $479,900.
What are key features of this property?
This property features: Two‑family residence in Woonsocket, RI; Built in 1951; Spacious interior with abundant natural light
