$430,000
$439,900
2.3%For more information regarding the value of a property, please contact us for a free consultation.
59 E Main ST West Warwick, RI 02893
5 Beds
3 Baths
2,450 SqFt
Key Details
Sold Price $430,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,450 sqft
Price per Sqft $175
MLS Listing ID 1341789
Sold Date 10/06/23
Bedrooms 5
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 2,450
Year Built 1900
Annual Tax Amount $4,412
Tax Year 2022
Lot Size 6,529 Sqft
Acres 0.1499
Property Sub-Type Multi Family
Property Description
Incredible opportunity awaits with this fantastic 3-family home! This rare gem is a perfect fit for an owner-occupant seeking a comfortable living space while benefiting from rental income, or for an astute investor looking to maximize their returns. Boasting two spacious 2-bedroom units and a separate studio, this property offers remarkable versatility and excellent income potential.
What sets this property apart is the ease of management - tenants cover utilities, allowing for hassle-free operation and peace of mind. With a garage, off-street parking, and on-site laundry facilities, convenience is at your doorstep. The recent renovations ensure modern comfort and style throughout, making it an attractive choice for any discerning buyer.
Situated in a prime location, this property grants quick access to an array of amenities, including shopping, dining, and entertainment options. Leveraging the $17,500 Rhode Island Housing grant program, a first-time buyer could step into homeownership with minimal financial stress. Investors will also find this property to be a promising addition to their portfolio, given its strong income-producing potential.
Don't miss out on this outstanding income-generating opportunity! Act swiftly to secure your foothold in the Rhode Island real estate market.
Location
State RI
County Kent
Zoning C1
Rooms
Basement Full, Interior Entry, Unfinished
Interior
Interior Features Tub Shower
Heating Baseboard, Gas, Hot Water
Cooling None
Flooring Vinyl
Fireplaces Type None
Fireplace No
Appliance Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Washer
Laundry Common Area
Exterior
Exterior Feature Porch, Paved Driveway
Parking Features Detached
Garage Spaces 1.0
Community Features Highway Access, Near Schools, Public Transportation, Shopping, Sidewalks
Utilities Available Sewer Connected
Porch Porch
Total Parking Spaces 3
Garage Yes
Building
Foundation Concrete Perimeter
Sewer Connected
Water Connected
Structure Type Drywall,Clapboard
New Construction No
Others
Senior Community No
Tax ID 59MAINSTWWAR
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