28 - 30 Riverdale Avenue West Warwick

$1,350,000
27,878 sq ft

The Property

This is a great turnkey investment opportunity with a low-maintenance, two-building portfolio totaling 9 units at 28–30 Riverdale Avenue, producing a strong NOI of $123,105. 28 Riverdale is a clean and well-kept duplex tucked toward the back of the lot, offering two 2-bed/1 1/2 -bath units with in-unit laundry, separate utilities, a private deck all overlooking the Pawtuxet River. 30 Riverdale has seven units—five 2-bedrooms and two 1-bedrooms—and comes with updated features including an up-to-date fire alarm system, lead-safe certificates, and high-efficiency Navien heating systems (installed 2023 & 2024). There’s also coin-op laundry in the basement.

Tenants cover their own electric, while heat and hot water are included. Both buildings share 14 assigned parking spaces, making this a solid, income-producing property with long-term stability and strong rental appeal.

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Listing Details

MLS Number

1400432

Lot Size:

0.64 acres

Features

  • Basement: Full
  • Laundry Room
  • Commuter Bus
  • Highway Access
  • Interstate
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Heating: Baseboard, Gas Connected
  • Heating Fuel: Baseboard, Gas Connected
  • Suburban
  • Year Built: 1991

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Market Trends for Commercial Properties
in West Warwick

  • Overview
    Homes for Sale Today17-91.1% decrease in inventory
    New on Market *1-50% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$0.00$0 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$600,000$600,000 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *83.34%100% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$150.00$150 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *177177 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 Shawomet Realty Company

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