1564 Main Street West Warwick

$599,900
5 3 2,890 sq ft

The Property

Excellent investment opportunity in the heart of West Warwick! This well-maintained three-family property features two spacious townhouse-style units, each offering 2 bedrooms and 1 bathroom, plus a cozy 1-bedroom unit. All three apartments have updated kitchens and bathrooms and each unit enjoys the convenience of private in-unit laundry.

The property is fully occupied with month-to-month tenants, providing immediate income with flexibility for future rental adjustments. A detached two-car garage offers additional rental income potential or valuable storage space.


With projected total rental income of up to $5,575 per month, this turnkey multifamily is an ideal addition to an investor’s portfolio or an excellent opportunity for an owner-occupant seeking supplemental income.

Conveniently located near shopping, restaurants, highways, and local amenities, this property combines strong cash flow potential with long-term investment value. Call today for a private showing!

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Listing Details

MLS Number

1416418

Lot Size:

0.15 acres

Features

  • Basement: Full, Walkout, Partially Finished, Bathroom, Bedroom(s), Kitchen, Living Room, Utility
  • Bus
  • Commuter Bus
  • Golf
  • Highway Access
  • Interstate
  • Private School
  • Public School
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Heating: Natural Gas, Baseboard, Gas Connected, Other
  • Heating Fuel: Natural Gas, Baseboard, Gas Connected, Other
  • Garage: 1
  • Laundry
  • Corner Lot
  • Paved Driveway
  • Sidewalks
  • Year Built: 1920

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Market Trends for Single Family Homes
in West Warwick

  • Overview
    Homes for Sale Today40-95.6% decrease in inventory
    New on Market *33-13.2% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$293.43$104 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$409,289$11,339 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *101.09%-0.9% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$302.17$7 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *582 decrease in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Start Realty
Phone: 401-380-7000

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