NOT LISTED FOR SALE

117 Fair St Warwick, RI 02888

Palace Garden Neighborhood
5 Beds
4 Baths
6,447 Sq Ft
0.29 Acres

Last Sold January 27, 2021

Last sale price $355,000 $55 Per Sq Ft

23 Days on Market

Highlights

  • Marina
  • 2 Fireplaces
  • Tennis Courts
  • Wood Flooring
  • Corner Lot
  • 3-minute walk to Pawtuxet Village Historic District

About This Home

As of January 2021

Legal 5-unit building in Pawtuxet Village on a beautiful .29 acre lot! Parking for 10 cars. Always fully rented. Currently owner occupied. Three 1-bedroom apartments and two 2-bedroom apartments. Two of the apartments have private entrances, one has a private porch, and one has a private driveway. All separate utilities except for Apts 1 & 2 share a gas meter. Hot water is on the house gas meter. All replacement windows. Freshly painted exterior. Hard-wired fire system in place. Annual income for 4 of the apartments is $35,940. (The 5th apartment is owner occupied and not included in the list.) Great location less than .4 miles to the center of the Village!

Last Agent to Sell the Property

Gerri Schiffman

Residential Properties Ltd. License #RES.0025339 Listed on: 12/04/2020

Residential Properties Ltd.

Last Buyer's Agent

Brendan McLaughlin

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,902

Year Built

  • Built in 1920

Lot Details

  • 0.29 Acre Lot
  • Corner Lot

Home Design

  • Combination Foundation
  • Stone Foundation
  • Shingle Siding
  • Plaster

Interior Spaces

  • 6,447 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Thermal Windows
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 10 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Outbuilding

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 442
  • Assessor Parcel Number 117FAIRSTWARW

Community Details

Overview

  • 4 Units
  • Pawtuxet Village Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Building Details

  • Operating Expense $22,956

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,902

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.29
  • Subdivision Name: Pawtuxet Village
  • Above Grade Finished Sq Ft: 6447.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Common Water Heater, Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • Owner Pays: Hot Water
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Wood
  • Interior Amenities: Tub Shower, Cable TV
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Shingle Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Combination, Stone
  • Other Structures: Outbuilding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 10.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Forced Air, Gas, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12632.0
  • Parcel #: 117FAIRSTWARW
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 22956.0

Tax Info

  • Tax Annual Amount: 5902.0
  • Tax Lot: 442
  • Tax Year: 2020

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2021 01/27/21 Sold $355,000 -6.3% $55 / Sq Ft
12/28/2020 12/28/20 Pending -- -- --
12/04/2020 12/04/20 For Sale $379,000 -- $59 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Gerri Schiffman

    Residential Properties Ltd.

    1 in this area

    298 Total Sales

    Section Image

  • B

    Buyer's Agent in 2021

    Brendan McLaughlin

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1271255

State-Wide MLS

APN: WARW 29204420000

Rhode Island Kent County Warwick 02888 Palace Garden

117 Fair St, Warwick, RI

This home is located at 117 Fair St, Warwick, RI 02888 since 04 December 2020. This property was built in 1920. 117 Fair St is a home located in Kent County with nearby schools including St. Peter School and Saint Paul School.

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