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126 Main Street

Warren, RI 02885
$895,000
11 Beds
5 Baths
5,706 Living Area
  • Property Description
    Warren, RI – 5-Unit Multi-Family Investment OpportunityExcellent opportunity to own a well-located 5-unit property consisting of two separate buildings near downtown Warren and the historic Water Street district. The front building offers three units, including a spacious owner’s unit with an additional family room, laundry room, and central air, plus two rental units. The rear building contains two additional units. Major improvements include an approximately 5-year-old roof on the front building and a 3-year-old roof on the rear building. Enjoy a 10-minute walk to downtown Warren’s restaurants, shops, waterfront, and the East Bay Bike Path, with bus service to Providence and Newport approximately 150 feet away. Solid rental history and a flexible setup make this an attractive opportunity for investors or owner-occupants seeking rental income.
  • Highlights
    • Levels: 5
    • Property Class: Residential Income
    • Stories: 5
    • Year Built: 1920
    • Parking Spots: 4
    • Property Type: 5+ Family - 5+ Units Up/Down
    • Total Rooms: 25
    • Status: Active
  • Additional Details
    • Construction: Frame
    • Lot Features: Level
    • Roof: Shingle
    • Total Number of Units: 5
    • Year Built Source: Public Records
    • Foundation: Concrete Perimeter, Stone
    • Road Frontage Type: Public
    • SqFt Source: Public Record
    • Year Built Details: Actual
    • Zoning: R-6
  • Amenities
    • Parking Features: Paved Drive
    • Waterfront Features: Bay, River
  • Utilities
    • Sewer: Public Sewer
    • Water Source: Public
  • Fees / Taxes
    • Assessed Value: $922,200
    • Taxes: $11,084
    • Tax Year: 2025
    • Total Rent: $3,200

Location

126 Main Street, Warren, RI 02885

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