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1076 Main Street West Warwick

$385,000
12 4 4,760 sq ft

The Property

INVESTORS – looking for a high-yielding, turnkey investment property and a significant rate of return? This 12 bedroom, four unit building is fully rented, has a hard-wired fire alarm system, assigned parking for 8+ cars, coin-op laundry and storage units in the basement. The layout consists of two, five bedroom townhouses (2nd and 3rd floors) and two, one bedroom units on the first floor. The townhouse rents are below market value and the units do need some TLC but the tenants are longstanding. The owners have kept up with routine maintenance over the years including a young high-efficiency heating system and have a great rental history.

It’s time for these owners to cash out of their cash cow and turn the keys over – act fast, opportunities like this are hard to come by.

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Listing Details

MLS Number

1276544

Lot Size:

0.23 acres

Features

  • Basement: Full
  • Aluminum Siding
  • Heating: Baseboard
  • Heating Fuel: Gas
  • Laundry
  • Paved Driveway
  • Paved Lot
  • Type: Apartment,Side/Side,Up/Down
  • Year Built: 1920

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Market Trends for Multi Family Homes
in West Warwick

  • Overview
    Homes for Sale Today9-96.5% decrease in inventory
    New on Market *1066.7% increase in new listings
    Avg. Asking Price/Sq.Ft. *$191.15$5 increase in List Price/Sq.Ft.
    Avg. Sale Price *$409,525$22,858 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *100.29%0.6% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$161.93$42 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *757 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 Williams & Stuart Real Estate

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