38 River Street West Warwick

$339,900
2 2.5 1,052 sq ft

The Property

Welcome to 38 River Street! This beautifully updated 2-to-3 bedroom, 2-full bathroom home in West Warwick offers both modern comfort and an incredible investment opportunity. Situated on a rare, oversized 0.32-acre lot, the home features tasteful updates throughout, including gorgeous new flooring in kitchen and newer appliances, making it completely move-in ready.

The true standout feature of this property is the existing outbuilding, which is perfectly positioned to be converted into an Accessory Dwelling Unit (ADU). Thanks to Rhode Island’s recent zoning legislation expanding ADU rights, this space presents a prime opportunity to create a legal, income-producing rental unit.

Whether you want to generate steady monthly cash flow to dramatically offset your mortgage, or you need a separate space for multi-generational living, this setup makes homeownership highly affordable and financially savvy. Don’t miss your chance to secure a fantastic property with built-in income potential—schedule your showing today!

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Listing Details

MLS Number

1410761

Lot Size:

0.32 acres

Features

  • Basement: Full, Interior Only, Unfinished
  • Heating: Oil, Forced Water
  • Heating Fuel: Oil, Forced Water
  • Year Built: 1900

Market Trends for Single Family Homes
in West Warwick

  • Overview
    Homes for Sale Today43-95.1% decrease in inventory
    New on Market *54107.7% increase in new listings
    Avg. Asking Price/Sq.Ft. *$293.90$2 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$426,153$18,329 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *130.62%31.8% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$306.74$12 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *6014 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 Yorway Realty

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