Three-Family Corner-Lot
New
For Sale
$675,000
Pawtucket, RI 02860, Pawtucket, RI 02860
Residential Income, Pawtucket, RI
Property Size3,384 SF
Lot Size0.09 Acres
Price / SF$199.47
Days on Market6
Property Features
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
10
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 1, Bedroom 2, Bedroom 9, Bathroom 3, Bedroom 5, Bedroom 6, Bedroom 8, Bedroom 3, Bedroom 10, Bathroom 1, Bedroom 7, Bathroom 2, Basement, Bedroom 4
Parking
2
Parking features
None
Window features
Storm Window(s)
Interior features
Wall (Dry Wall), Wall (Plaster), Attic, Plumbing (Mixed), Insulation (Unknown)
Basement
Full, Storage Space, Unfinished
Appliances
Oven, Range, Refrigerator, Gas Water Heater
Lot features
Fenced, Paved Driveway, Sidewalks
Standard status
Active
Size
3,384 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
7640
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Baseboard
Building Details
Year built
1900
Floors in Building
3
Number of units
3
Flooring type
Tile - Ceramic, Hardwood
Building materials
Dry Wall, Plaster, Vinyl Siding
Listing Agency:
Re/Max One · RE/MAX International
(401) 943-6111
Listed By:
Marko Harrington
(401) 641-1663
Added: Oct 8
Changed: Oct 10
Last Checked: Oct 13 at 11:06AM
MLS# 1425396
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 Pawtucket property contains three residential units on a 0.0918-acre corner lot. The first- and second-floor apartments each have 6 rooms and 3 bedrooms; the third-floor unit has 7 rooms and 4 bedrooms. Exterior features include vinyl siding and vinyl windows, with a paved driveway. The roof is approximately 12 years old, the heating systems are approximately 15 years old, and the hot water tanks are new. Utilities are separate, and the property meets current fire code and lead certificate safety requirements.
Located in Pawtucket, the property is described as having convenient access to major highways.
Located in Pawtucket, the property is described as having convenient access to major highways.
Key Highlights
- Three units: two with 6 rooms and 3 bedrooms each, plus a third‑floor unit with 7 rooms and 4 bedrooms
- 0.0918‑acre corner lot with vinyl siding, vinyl windows, and a paved driveway
- Separate utilities; new hot water tanks
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,345
Cap Rate
8.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,126,900
$1.1M
Cap Rate 7%
$804,929
$804.9K
Cap Rate 9%
$626,056
$626.1K
Market Conditions
NOI Build-Up for 3,384 SF
Gross rent
$86.1K $25.44/SF
− Vacancy
−$5.6K −$1.65/SF
EGI
$80.5K $23.79/SF
− OpEx
−$24.1K −$7.14/SF
NOI
$56.3K $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%
$1,126,900
Cap Rate 7%
$804,929
Cap Rate 9%
$626,056
Alternative Uses
Best Use
Multifamily LT 5
$804.9K
$704.3K – $939.1K
NOI $56,345 @ 7.0% cap · market cap 8.35%
Second Best
Apartment 5plus
$638.8K
$559.0K – $745.3K
NOI $44,718 @ 7.0% cap · market cap 6.62%
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
Current Use
Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,518
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Three separate utility systems serve the building’s three residential units.
Where is this triplex located?
The property is located at Pawtucket, RI.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Three units: two with 6 rooms and 3 bedrooms each, plus a third‑floor unit with 7 rooms and 4 bedrooms; 0.0918‑acre corner lot with vinyl siding, vinyl windows, and a paved driveway; Separate utilities; new hot water tanks
