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7 River West Warwick, RI 02893
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Key Details
Sold Price $475,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,434 sqft
Price per Sqft $87
MLS Listing ID 72899601
Year Built 1920
Annual Tax Amount $10,673
Tax Year 2021
Lot Size 7,840 Sqft
Property Description
INVESTORS! UNIQUE 6-unit MFM rental property – (6) large, bright, clean 1-bed units w/private entrances, each w/ big decks overlooking the water – all consistently rented w/ great tenants! Great curb appeal and well-maintained w/ updates through the years. No smoking and no pets. Excellent location on Warwick line, 2-3 minutes to 95, CCRI and malls. Each unit has a lg kitchen, living room, bedroom, full bath, ceiling fans, AC & deck. Private & very peaceful. Upper two units have skylights. All units separate utilities. Gas heat, gas H/W tanks for each unit. 8-spot parking lot provides all tenants with space plus on-street parking allowed (even overnight). Convenient Coin-Op laundry room in basement. Municipal water & sewer w/ no assessments. Vinyl windows, vinyl siding, low maintenance. Tenants pay utilities incl HW, electric, gas & internet/cable. Owner pays water. GREAT RENTAL INCOME/CASH FLOW. Currently $5165 MONTHLY INCOME (RENTS & COIN-OP). RI MLS 1295136
Location
State RI
County Kent
Zoning R6
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available, 110 Volts
Roof Type Shingle
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Bought with Non Member • Non Member Office