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206 Reynolds Avenue Warwick

$569,900
5 3.1 4,800 sq ft

The Property

Welcome to your next investment opportunity! This charming 3 unit multifamily property is located in a quiet and desirable neighborhood, just steps away from the water. With great cash flow potential, this property is a dream for any savvy investor. Unit 2 current rent is $1600, unit 3 rent is $800 plus unit 1’s market rent is $1800(vacant currently)

The main house features two spacious units: Unit 1 boasts 2 bedrooms and 1 bathroom, while Unit 2 offers 2 bedrooms and 1.5 bathrooms. Both units are perfect for tenants seeking comfortable living spaces with plenty of natural light.


But that’s not all – this property also includes a separate cottage on the lot, providing additional rental income potential. The cottage is a cozy studio with its own entrance, making it the ideal space for renters looking for privacy.

Imagine owning an investment property where you can relax by the water and watch your profits roll in. With its prime location and multiple rental options, this home offers endless possibilities for lucrative returns.

Don’t miss out on this incredible opportunity to invest in both comfort and income potential. Schedule a showing today before it’s too late!

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Listing Details

MLS Number

1365314

Lot Size:

0.11 acres

Features

  • Basement: Full
  • Vinyl Siding
  • Heating: Baseboard
  • Heating Fuel: Gas
  • Type: Apartment
  • Year Built: 1940

Market Trends for Multi Family Homes
in Warwick

  • Overview
    Homes for Sale Today9-94.7% decrease in inventory
    New on Market *566.7% increase in new listings
    Avg. Asking Price/Sq.Ft. *$219.20$30 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$310,000$58,000 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *88.57%-0.5% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$165.60$44 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *311213 increase 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 Longvin Realty Inc

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