$630,000
SOLD NOV 1, 2024
9 Beds
4 Baths
3,450 Sq Ft
0.29 Acres

Recently Sold

$183 Per Sq Ft

5% Above List Price

15 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Tennis Courts
  • Golf Course Community
  • Corner Lot
  • 4-minute walk to Crompton Playground

About This Home

As of November 2024

Discover an exceptional investment or owner-occupied opportunity in West Warwick. This well-maintained, large multi-family property features four spacious units, including three 2-bedroom units and one 3-bedroom unit. Situated on a generous corner lot along a quiet street, each unit boasts its own gas heating system, individual electric panel and meter, and hot water tank. Two units have been updated with the convenience of central air. Shared coin-operated laundry facilities are located in the basement, while the owner's unit features the added convenience of in-unit washer and dryer. The fire alarms have been upgraded to meet current building codes. Ample off-street parking is available for all tenants. Rents are currently below market rates, with tenants responsible for their own utilities. The property features two detached garages, including a 1-bay garage and an insulated 3-bay garage with a 16' ceiling, offering potential for additional income or a haven for car or gym enthusiasts. Tenants are in place, with a solid rental history and current month-to-month leases. The owner currently occupies one unit. Please note, no interior photos of Unit 3 are available at this time. Don't miss this rare opportunity to acquire a well-maintained multi-family property with strong income potential. Live in one unit while collecting rental income from the remaining three.

Last Agent to Sell the Property

Sheil Readyhough Team

Mott & Chace Sotheby's Intl. Listed on: 09/24/2024

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Sheil Readyhough Team

Mott & Chace Sotheby's Intl. Listed on: 09/24/2024

Mott & Chace Sotheby's Intl.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,734

Year Built

  • Built in 1800

Lot Details

  • 0.29 Acre Lot
  • Corner Lot

Parking

  • 4 Car Detached Garage
  • Garage Door Opener

Home Design

  • Stone Foundation

Interior Spaces

  • 3,450 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Outbuilding
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 392
  • Assessor Parcel Number 24MANCHESTERSTWWAR

Community Details

Overview

  • 3 Buildings
  • 4 Units
  • Crompton Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,734

Year Built

Built in 1800

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.292
  • Inclusions: Subject to seller finding suitable housing
  • Subdivision Name: Crompton
  • Above Grade Finished Sq Ft: 3450.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1800
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 3
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 9
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate, Carpet
  • Interior Amenities: Tub Shower
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Drywall, Other
  • Foundation Details: Stone
  • Other Structures: Outbuilding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 4.0
  • Garage Spaces: 4.0
  • Parking Features: Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 12.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Forced Air, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12720.0
  • Parcel #: 24MANCHESTERSTWWAR
  • Zoning: R6
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 7734.0
  • Tax Lot: 392
  • Tax Map Number: 8
  • Tax Year: 2024

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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
11/01/2024 11/01/24 Sold $630,000 +5.0% $183 / Sq Ft
10/09/2024 10/09/24 Pending -- -- --
09/24/2024 09/24/24 For Sale $599,800 +62.5% $174 / Sq Ft
03/12/2021 03/12/21 Sold $369,000 -7.7% $107 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
09/25/2020 09/25/20 For Sale $399,900 -- $116 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1369190

State-Wide MLS

APN: WWAR 008-0392-0-000