New Construction
For Sale
$775,000
88 Coggeshall Street, Providence, RI 02908
Residential Income, Providence, RI
Property Size3,000 SF
Lot Size0.10 Acres
Price / SF$258.33
Days on Market8
Property Features for 88 Coggeshall Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Zoning
R3
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 6, Bedroom 3, Bedroom 7, Bathroom 4, Bathroom 3, Basement, Bedroom 1, Bedroom 8
Parking
3
Parking features
None
Window features
Insulated Windows
Interior features
Wall (Dry Wall), Stairs, Plumbing (Mixed), Insulation (Ceiling), Insulation (Floors), Insulation (Walls)
Basement
Unfinished, Storage Space, Full
Appliances
Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
Subdivision
Providence College
Lot features
Fenced, Paved Driveway, Sidewalks
Standard status
Active
Size
3,000 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2026
Utilities
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Amenities
laundry in each unit
stainless steel appliances
washer/dryer included
gas heat
central air
off-street parking
separate utilities
Building Details
Year built
2026
Floors in Building
2
Number of units
2
Flooring type
Laminate, Tile - Ceramic
Building materials
Dry Wall, Vinyl Siding
Listing Agency:
Re/Max Preferred · RE/MAX International
(401) 353-2200
Listed By:
Sally Rianna · License #S30517
(401) 486-1337
Added: Sep 28
Last Checked: Oct 5 at 10:06PM
MLS# 1423911
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.
This 3,000-square-foot duplex is under construction and scheduled for completion in 2026. Its two-level configuration contains two residences, each with four bedrooms, two bathrooms, and its own laundry. Both units include a washer, dryer, refrigerator, dishwasher, microwave, and range. The building has vinyl siding, forced-air natural gas heat, central air conditioning, and separate utilities. The parcel measures 0.0986 acres, and the property is zoned R3.
The property is near Providence College and close to shopping, dining, and public transportation. It is located at 88 Coggeshall Street in Providence.
The property is near Providence College and close to shopping, dining, and public transportation. It is located at 88 Coggeshall Street in Providence.
Key Highlights
- Two units, each with 4 bedrooms and 2 bathrooms
- 3,000 square feet on a 0.0986‑acre parcel
- Laundry appliances and kitchen appliances included in both residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,658
Cap Rate
6.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,013,160
$1.0M
Cap Rate 7%
$723,686
$723.7K
Cap Rate 9%
$562,867
$562.9K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$77.4K $25.80/SF
− Vacancy
−$5.0K −$1.68/SF
EGI
$72.4K $24.12/SF
− OpEx
−$21.7K −$7.24/SF
NOI
$50.7K $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%
$1,013,160
Cap Rate 7%
$723,686
Cap Rate 9%
$562,867
Alternative Uses
Best Use
Multifamily LT 5
$723.7K
$633.2K – $844.3K
NOI $50,658 @ 7.0% cap · market cap 6.54%
Second Best
Apartment 5plus
$650.0K
$568.8K – $758.4K
NOI $45,502 @ 7.0% cap · market cap 5.87%
Theoretical Best
Office A
$1.00M
$878.2K – $1.17M
NOI $70,256 @ 7.0% cap · market cap 9.07%
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
870
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
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 furnished-with-appliances residences each offer four bedrooms, two bathrooms, and in-unit laundry.
Where is this duplex located?
The property is located at 88 Coggeshall Street Providence, RI.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Two units, each with 4 bedrooms and 2 bathrooms; 3,000 square feet on a 0.0986‑acre parcel; Laundry appliances and kitchen appliances included in both residences
