928 - 932 Main Street West Warwick

$550,000
0 3,909 sq ft

The Property

Introducing 928-932 Main Street, a meticulously maintained property featuring five residential units & one free-standing commercial unit. This property offers a unique investment opportunity for savvy investors. * The third floor houses a bright two-bedroom unit, enhanced by skylights & abundant natural light. This unit includes a full bathroom & an additional shower room.

On the second floor, the rear unit has a newly restored one-bed apartment, currently vacant & ready for occupancy. It features a large eat-in kitchen with a pantry showcasing glass cabinetry. The front unit on the same floor also offers one bedroom, complemented by charming bow windows & a spacious deck. The first-floor rear unit has one bed, a pantry-style kitchen & a spacious living room. The first-floor front unit has lovely bow windows & a private deck. The free-standing commercial unit on the property is equipped with its own furnace, electrical panel & a half bath, making it ideal for a small business. All units & the commercial space benefit from a reliable gas heat source. The property is supported by a fully fire-compliant with an addressable system & a new high-efficiency heat & hot water. With ample parking & easy access to all amenities, it is attractive for residential tenants & business owners. All current tenants are long-term; the rents are below market rates, offering significant potential for increased revenue. This well-maintained property ensures a stable investment for the future.

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Listing Details

MLS Number

1359548

Lot Size:

0.15 acres

Features

  • Basement: Full
  • Type: Commercial,Free-Standing,Mixed Use,Multi Family,Office,Office Building
  • Year Built: 1925

Market Trends for Commercial Properties
in West Warwick

  • Overview
    Homes for Sale Today21-89% decrease in inventory
    New on Market *3-57.1% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$0.01$161 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$0$640,000 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$0 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *362 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 Westcott Properties

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