J
Seller's Agent in 2021
Jill Weathers
Williams & Stuart Real Estate
(401) 749-5414
1 in this area
6 Total Sales
1076 Main St West Warwick, RI 02893
West Warwick Centre Neighborhood
12
Beds
4
Baths
4,760
Sq Ft
10,018
Sq Ft Lot
Highlights
- Attic
- Cooling Available
- Storage Room
- Workshop
- Bathtub with Shower
- Baseboard Heating
About This Home
As of May 2021INVESTORS - looking for a high-yielding, turnkey investment property and a significant rate of return? This 12 bedroom, four unit building is fully rented, has a hard-wired fire alarm system, assigned parking for 8+ cars, coin-op laundry and storage units in the basement. The layout consists of two, five bedroom townhouses (2nd and 3rd floors) and two, one bedroom units on the first floor. The townhouse rents are below market value and the units do need some TLC but the tenants are longstanding. The owners have kept up with routine maintenance over the years including a young high-efficiency heating system and have a great rental history. It's time for these owners to cash out of their cash cow and turn the keys over - act fast, opportunities like this are hard to come by.
Last Agent to Sell the Property
Williams & Stuart Real Estate License #RES.0030821 Listed on: 03/03/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,098
Year Built
- Built in 1920
Lot Details
- 10,018 Sq Ft Lot
- Paved or Partially Paved Lot
Home Design
- Aluminum Siding
- Plaster
Interior Spaces
- 4,760 Sq Ft Home
- 3-Story Property
- Workshop
- Storage Room
- Attic
Kitchen
- Oven
- Range
Bedrooms and Bathrooms
- 12 Bedrooms
- 4 Full Bathrooms
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 9 Parking Spaces
- No Garage
- Driveway
Utilities
- Cooling Available
- Heating System Uses Gas
- Baseboard Heating
- 100 Amp Service
- Water Heater
Listing and Financial Details
- Tax Lot 66
- Assessor Parcel Number 1076MAINSTWWAR
Community Details
Overview
- 4 Units
- Artic Subdivision
Building Details
- Operating Expense $11,000
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Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/14/2021 05/14/21 | Sold | $385,000 | -3.7% | $81 / Sq Ft |
| 04/14/2021 04/14/21 | Pending | -- | -- | -- |
| 03/03/2021 03/03/21 | For Sale | $399,900 | -- | $84 / Sq Ft |
Source: State-Wide MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,761 | $507,600 | $84,000 | $423,600 |
| 2024 | $6,849 | $334,600 | $53,400 | $281,200 |
| 2023 | $6,715 | $334,600 | $53,400 | $281,200 |
| 2022 | $6,608 | $334,600 | $53,400 | $281,200 |
| 2021 | $6,098 | $204,000 | $43,800 | $160,200 |
| 2020 | $6,098 | $204,000 | $43,800 | $160,200 |
| 2019 | $5,981 | $204,000 | $43,800 | $160,200 |
| 2018 | $5,227 | $137,500 | $41,200 | $96,300 |
| 2017 | $5,218 | $137,500 | $41,200 | $96,300 |
| 2016 | $5,080 | $136,300 | $41,200 | $95,100 |
| 2015 | $5,687 | $152,600 | $41,200 | $111,400 |
| 2014 | $5,562 | $152,600 | $41,200 | $111,400 |
Source: Public Records
Agents Affiliated with this Home
-
Jill Weathers
-
Michelle Pacheco
Buyer's Agent in 2021
Michelle Pacheco
RE/MAX Real Estate Center
(401) 626-6243
1 in this area
54 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1276544
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