403 - 405 Commonwealth Avenue Warwick

$749,900
6 5.5 5,232 sq ft

The Property

Incredible multi-family opportunity in Warwick, RI featuring two buildings on one lot—one multi-family and one single-family residence. All units are currently occupied, with tenants paying their own utilities, offering immediate income potential and strong investment appeal. The units are modern and updated, featuring stainless steel appliances and attractive finishes throughout. Additional living space in finished basement provided extra rental income.

Off-street parking provides added convenience for residents. Located in a well-established residential area of Warwick, this property offers easy access to everyday amenities. Just minutes to TF Green International Airport, ideal for commuters and travelers. Close to I-95, Route 37, and Route 2 for convenient access to Providence and South County. Near Warwick Mall and the Route 2 retail corridor, plus a short drive to the waterfront and Narragansett Bay. Convenient to Kent Hospital, parks, schools, and community services—making this a prime investment opportunity.

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Listing Details

MLS Number

1405663

Lot Size:

1.10 acres

Features

  • Basement: Full, Walkout, Finished
  • Heating: Natural Gas, Baseboard
  • Heating Fuel: Natural Gas, Baseboard
  • Year Built: 1865

Market Trends for Single Family Homes
in Warwick

  • Overview
    Homes for Sale Today126-96.6% decrease in inventory
    New on Market *8511.8% increase in new listings
    Avg. Asking Price/Sq.Ft. *$360.71$17 increase in List Price/Sq.Ft.
    Avg. Sale Price *$459,668$56,243 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *100.11%0.4% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$347.05$9 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *684 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?

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    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Century 21 Limitless

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