815,000

House for sale West Warwick
Property photo number 1 of 16 Photos for Property. File  105588219_29_c1704696331c3a6c2e0c04dbe27ba259.jpeg

Overview

SUMMARY: Discover an opportunity with this West Warwick house for sale and available for 815,000. This could be your next ideal home or a smart investment. More details await.
Fully occupied, lead-certified four-unit investment property generating approximately $7,700 per month ($92,400 annually) in gross rental income. All four units feature 2 bedrooms and 1 bathroom, offering a strong and consistent unit mix with established in-place income. Designed for efficient ownership, tenants are responsible for their own heating expenses, while minimal common areas maximize rentable square footage. Significant recent capital improvements include a new roof, two new driveways, new rear porches, four new hot water heaters, updated kitchens and bathrooms, and replacement windows, helping reduce near-term capital needs. The property is also equipped with a recently tested and certified commercial fire alarm system. Heating systems include a combination of forced hot air and boiler heat. Set on a large lot with ample off-street parking, this property offers an attractive combination of strong current income, low-maintenance ownership and long-term upside. Conveniently located near shopping, dining, highways and area amenities, with continued investment and development occurring nearby. A turnkey opportunity to acquire a stabilized four-unit asset with strong cash flow and substantial improvements already completed.
Request details

Details

  • Beds: 8
  • Baths: 4
  • Price: 815,000
  • Reference No.: 96073440
  • Area: 2,979 sqft

Location

Marketed by:

  • Sheil Readyhough Team - Rhode Island Realtors
Request details
Disclaimer

The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.


Viewed 0 times.