$740,000
5
Beds
5
Baths
2,900
Living Area
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Property Description
Fantastic turnkey investment in charming Warren, RI! Well-maintained 5-unit property features five 1-bed units with separate utilities, tenant-paid heat, and full appliances. Steps from vibrant downtown—shops, dining, waterfront parks, and East Bay Bike Path. City water/sewer, vinyl siding, ample parking on quiet dead-end street. Rents below market offer strong upside. Includes 3 bonus rooms ideal for office/storage. Steady cash flow, prime location—a smart addition to your portfolio!
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Highlights
- Heating: Natural Gas
- Parking Spots: 4
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 15
- Status: Closed
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1900
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame
- Flooring: Vinyl, Tile
- Interior Features: Bathroom with Shower Stall, Bathroom With Tub, Cathedral/Vaulted Ceilings, Living Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: R6
- Basement: Full, Unfinished
- Exterior Features: Rain Gutters
- Foundation: Concrete Perimeter
- Lot Features: Cul-De-Sac
- Roof: Shingle
- Total Number of Units: 5
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School
- Parking Features: Paved Drive, Off Street
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Utilities
- Electric: Circuit Breakers, 100 Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $320,600
- Tax Year: 2024
- Total Rent: $4,225
- Rental Fee Includes: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
- Taxes: $4,629
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