220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick
220 Washington Street, West Warwick

220 Washington Street West Warwick

$999,000
4,295 sq ft

Map View Street View

The Property

Welcome to 220 Washington Street, a six-unit multifamily property offering an attractive opportunity for investors seeking reliable cash flow. Featuring a desirable mix of one-, two-, and three-bedroom apartments, the current monthly rents total $9,060, providing $108,720 in scheduled gross annual rental income. All tenants are on month to month leases with excellent payment history. Some rents are below market, giving the buyer immediate value-add potential.

Two fully renovated apartments feature dishwashers, microwaves, and in-unit laundry, while four classic apartments have had some updates and enjoy access to a shared coin-operated washer and dryer, offering added convenience for tenants and potential supplemental income. Tenants pay their own electricity, while gas is paid by the owner.

Within the last five years a full roof replacement was performed, new electrical service and panels installed, and new AO Smith water heater installed. The modern Buderus cast iron gas boiler was professionally serviced prior to this heating season, ensuring reliability.

Conveniently located with access to local shopping, dining, services, and major commuting routes, 220 Washington offers the potential to build on existing income while exploring future value-add opportunities.

Don’t miss this opportunity to own a solid six-unit multifamily property in the desirable Arctic village of West Warwick! Contact us today for additional information and to schedule a showing.

Read more

Listing Details

MLS Number

1426001

Lot Size:

0.11 acres

Features

  • Basement: Full
  • Laundry Room
  • Security Lights
  • Bus
  • Commuter Bus
  • Golf
  • Highway Access
  • Hospital
  • Interstate
  • Private School
  • Public School
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Heating: Baseboard, Forced Water, Gas Connected
  • Heating Fuel: Baseboard, Forced Water, Gas Connected
  • Laundry
  • Paved
  • Security
  • Sidewalks
  • Downtown
  • Year Built: 1900

See more features

View More Photos

Market Trends for Commercial/Business,Commercial Sale
in West Warwick

  • Overview
    Homes for Sale Today17-15% decrease in inventory
    New on Market *433.3% increase in new listings
    Avg. Asking Price/Sq.Ft. *$268.32$72 increase in List Price/Sq.Ft.
    Avg. Sale Price *$0$595,000 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *%-100% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$0.00$127 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *319 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

Similar Listings

71 Roberts Street

West Warwick

$775,000
6,788 sq ft
Save to my properties

45 Quaker Lane Lane, Unit#1

West Warwick

$950,000
3,907 sq ft
Save to my properties

329 Providence Street

West Warwick

$799,000
28,750 sq ft
Save to my properties

Exclusively From Us To You

We invite you to join our exquisite collection of properties, latest news and events.

Thank you for subscribing!