Description
Warren, RI - 5-Unit Multi-Family Investment OpportunityExcellent opportunity to own a well-located 5-unit property consisting of two separate buildings near downtown Warren and the historic Water Street district. The front building offers three units, including a spacious owner's unit with an additional family room, laundry room, and central air, plus two rental units. The rear building contains two additional units. Major improvements include an approximately 5-year-old roof on the front building and a 3-year-old roof on the rear building. Enjoy a 10-minute walk to downtown Warren's restaurants, shops, waterfront, and the East Bay Bike Path, with bus service to Providence and Newport approximately 150 feet away. Solid rental history and a flexible setup make this an attractive opportunity for investors or owner-occupants seeking rental income.
Details
| MLS # | 73535581 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 106 |
| Listing Provided By | RE/MAX River's Edge | Debra Jobin |
Features
| Bed(s) | 11 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 5,706 |
| Story(s) | 5 |
| Units | 5 |
| Zoning | R-6 |
| Acreage | 0.14 |
| Water Front | Yes |
Interior
| Rooms Total | 25 |
|---|---|
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
Exterior
| Roof | Shingle |
|---|---|
| Construction Materials | Frame |
| Foundation Details | Concrete Perimeter, Stone |
| Lot Features | Level |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Paved Drive |
| Open Parking Yes / No | Yes |
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Annual Amount | 11084 |
|---|---|
| Tax Assessed Value | 922200 |
| Tax Year | 2025 |
Location
| Senior Community Yes / No | No |
|---|
Area Information
| State | RI |
|---|---|
| County | Bristol |
| City | Warren |
| Zip Code | 02885 |
| Area | Bristol |
| Listing VS Median (in 02885) | |
Price: $895,000 low | high Med: $394,950 sqft: 5,706 low | high Med: 1,120 $ / sqft: $157 low | high Med: $361 On site: 106 low | high Med: 75.5 | |
Market Activity 02885
Request a showing
Request a showing
Contact
Learn More About This Property
| State | RI |
|---|---|
| County | Bristol |
| City | Warren |
| Zip Code | 02885 |
| Area | Bristol |
| Listing VS Median (in 02885) | |
Price: $895,000 low | high Med: $394,950 sqft: 5,706 low | high Med: 1,120 $ / sqft: $157 low | high Med: $361 On site: 106 low | high Med: 75.5 | |