$895,000
11
Beds
5
Baths
5,706
Living Area
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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.
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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
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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
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Amenities
- Parking Features: Paved Drive
- Waterfront Features: Bay, River
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $922,200
- Taxes: $11,084
- Tax Year: 2025
- Total Rent: $3,200
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