3-Unit Multifamily
New
For Sale
$629,000
95 Meadow Street, Pawtucket, RI 02860
Residential Income, Pawtucket, RI
Property Size3,456 SF
Lot Size0.15 Acres
Price / SF$182
Days on Market5
Property Features for 95 Meadow Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RM
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 4, Bedroom 5, Basement, Bedroom 3, Bedroom 6, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 1
Parking
4
Parking features
None
Interior features
Wall (Dry Wall), Wall (Paneled), Wall (Plaster), Attic, Plumbing (Mixed), Plumbing (PVC), Insulation (Unknown)
Basement
Unfinished, Storage Space, Full
Appliances
Oven, Range, Refrigerator, Gas Water Heater
Subdivision
Quality Hill
Lot features
Fenced
Standard status
Active
Size
3,456 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
6199
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Baseboard
Amenities
off-street parking
fenced yard
skylights
Building Details
Year built
1900
Floors in Building
3
Number of units
3
Flooring type
Carpet, Hardwood, Vinyl
Building materials
Dry Wall, Paneled, Plaster, Other Siding
Listing Agency:
Re/Max Properties · RE/MAX International
(401) 232-3900
Listed By:
Rachel Baptista Da Moeda
(401) 692-1796
Added: Oct 21
Changed: Oct 24
Last Checked: Oct 25 at 7:06AM
MLS# 1426679
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1900, this three-unit property contains 3,456 square feet on a 0.1518-acre lot and is zoned RM. The first-floor residence has two bedrooms, a double parlor, an eat-in kitchen and one full bathroom. The second-floor layout also includes a double parlor. On the third floor, an open kitchen, living and dining area is paired with two bedrooms, one full bathroom, high ceilings and skylights. The first-floor unit is expected to be delivered vacant at closing.
The property includes a fenced yard and a recently installed cement walkway. It is located in Pawtucket, with shopping, dining and transportation among the nearby amenities.
The property includes a fenced yard and a recently installed cement walkway. It is located in Pawtucket, with shopping, dining and transportation among the nearby amenities.
Key Highlights
- Three residential units in a 3,456‑square‑foot building
- 0.1518‑acre lot; RM zoning
- First‑floor unit expected to be vacant at closing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,544
Cap Rate
9.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,150,880
$1.2M
Cap Rate 7%
$822,057
$822.1K
Cap Rate 9%
$639,378
$639.4K
Market Conditions
NOI Build-Up for 3,456 SF
Gross rent
$87.9K $25.44/SF
− Vacancy
−$5.7K −$1.65/SF
EGI
$82.2K $23.79/SF
− OpEx
−$24.7K −$7.14/SF
NOI
$57.5K $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%
$1,150,880
Cap Rate 7%
$822,057
Cap Rate 9%
$639,378
Alternative Uses
Best Use
Multifamily LT 5
$822.1K
$719.3K – $959.1K
NOI $57,544 @ 7.0% cap · market cap 9.15%
Second Best
Apartment 5plus
$652.4K
$570.9K – $761.2K
NOI $45,669 @ 7.0% cap · market cap 7.26%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,661
Businesses Nearby
Explore this area
Business Placement
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
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - The first-floor unit is expected to be vacant at closing, with two additional residences above.
Where is this triplex located?
The property is located at 95 Meadow Street Pawtucket, RI.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: Three residential units in a 3,456‑square‑foot building; 0.1518‑acre lot; RM zoning; First‑floor unit expected to be vacant at closing
