15 Thompson St Warren, RI 02885
Downtown Warren NeighborhoodEstimated payment $4,577/month
Total Views
3,835
5
Beds
5
Baths
2,900
Sq Ft
$259
Price per Sq Ft
Highlights
- Marina
- Property is near public transit
- Jogging Path
- Medical Services
- Cathedral Ceiling
- Cul-De-Sac
About This Home
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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,629
Year Built
- Built in 1900
Lot Details
- 2,919 Sq Ft Lot
- Cul-De-Sac
Home Design
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,900 Sq Ft Home
- Cathedral Ceiling
- Living Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Range
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Full Bathrooms
- Bathtub
- Separate Shower
Parking
- 4 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Outdoor Features
- Rain Gutters
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- No Cooling
- 5 Heating Zones
- Heating System Uses Natural Gas
- 100 Amp Service
Listing and Financial Details
- Rent includes unit 1(none), unit 2(none), unit 3(none), unit 4(none)
- Assessor Parcel Number M:1 L:47,538576
Community Details
Overview
- 5 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Marina
- Park
- Jogging Path
- Bike Trail
Building Details
- Water Sewer Expense $634
- Operating Expense $14,302
- Net Operating Income $45,398
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2025 04/30/25 | Pending | -- | -- | -- |
| 04/21/2025 04/21/25 | For Sale | $750,000 | -- | $259 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Similar Home in Warren, RI
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73362097
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