94 Francis Avenue, Pawtucket, RI 02860
Other - Pawtucket, RI
- Added:
- Jun 27, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 28 at 1:06 pm
Property Features for 94 Francis Avenue
General Information
- Property type
- Other
- Property subtype
- Multi Family
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Parking
- 6
- Parking features
- Garage, Paved or Surfaced
- Appliances
- Dryer, Range, Refrigerator
- Standard status
- Active
- APN
- 94FRANCISAVPAWT
- Size
- 1,590 SF
- Lot size
- 0.11 Acres
Utilities
- Heating system
- Ductless (Heating), Electric (Heating), Natural Gas, Steam
- Cooling system
- Ductless
Building Details
- Year built
- 1930
- Flooring type
- Carpet, Hardwood, Laminate, Tile, Tile - Ceramic
- Architectural style
- Other
Listing agent The DiSpirito Team (401) 244-8355
Listing office Engel & Völkers East Greenwich 247 Main Street, East Greenwich, RI (401) 638-0010
Listing date Jun 27, 2026
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Up/down 2‑family built in 1930 in Pawtucket’s Fairlawn neighborhood with 4 bedrooms across Bathroom 1 and Bathroom 2
- Separate gas and electric utilities plus in‑building laundry for both units
- Second‑floor unit features gas cooking, a clawfoot tub with shower, and three mini‑split systems for heating and cooling
- First‑floor unit includes gas cooking and steam heat
- Double‑pane Pella replacement windows and vinyl siding
- Full basement with laundry, utility space, workshop area, office/flex space, and abundant storage; fenced yard with paved driveway and detached 1‑car garage
Overview
The property is set up for day-to-day ease, with separate gas and electric utilities and in-building laundry. Additional improvements include double-pane Pella replacement windows, vinyl siding, and solar panels intended to help reduce monthly electric costs for the owner. A full basement provides laundry, utility space, workshop and office/flex space, and abundant storage. Outside, the home features a fully fenced lot, welcoming front porch, paved driveway, detached 1-car garage, patio area, and a green backyard.
For an owner-occupant, the duplex layout supports comfortable living while rental income can help offset operating expenses. For an investor, the configuration of separate utilities, garage and parking, and the overall maintained condition provides an appealing option for a low-maintenance, turnkey residential income property.
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 | $40.4k | $25.44 |
| − Vacancy | −$2.6k | −$1.65 |
| EGI | $37.8k | $23.79 |
| − OpEx | −$11.3k | −$7.14 |
| NOI | $26.5k | $16.65 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Pawtucket
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.415606
- Latitude
- 41.874456