403 Commonwealth Ave Warwick, RI 02886
Bald Hill NeighborhoodEstimated payment $3,437/month
About This Home
Discover a unique residential opportunity with this versatile property, featuring two homes on one lot. Ideal for investors or those seeking a multi-generational living arrangement, both properties can be delivered vacant if desired, offering flexibility and potential for customization. While in need of renovating and upgrading, this property presents a fantastic canvas to create your dream homes or lucrative rental units. Situated in a great location, you'll enjoy easy access to nearby amenities, schools, and major highways, making it a convenient and desirable place to live. With tons of potential, you can transform these homes into modern, stylish residences that meet your needs or generate substantial rental income. This property is a rare find with endless possibilities. Don't miss out on the chance to invest in a prime piece of real estate with incredible potential!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,935
Year Built
- Built in 1865
Lot Details
- 1.1 Acre Lot
Home Design
- Aluminum Siding
Interior Spaces
- 5,232 Sq Ft Home
- Laminate Flooring
Bedrooms and Bathrooms
- 6 Bedrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 5 Parking Spaces
- No Garage
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- Gas Water Heater
Community Details
- 3 Units
Listing and Financial Details
- Tax Lot 007
- Assessor Parcel Number 403405COMMONWEALTHAVWARW
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $7,117 | $560,400 | $150,200 | $410,200 |
| 2024 | $6,935 | $479,300 | $124,400 | $354,900 |
| 2023 | $7,409 | $522,100 | $124,400 | $397,700 |
| 2022 | $7,325 | $391,100 | $92,300 | $298,800 |
| 2021 | $7,325 | $391,100 | $92,300 | $298,800 |
| 2020 | $7,325 | $391,100 | $92,300 | $298,800 |
| 2019 | $7,325 | $391,100 | $92,300 | $298,800 |
| 2018 | $5,760 | $279,000 | $83,800 | $195,200 |
| 2017 | $5,647 | $279,000 | $83,800 | $195,200 |
| 2016 | $5,647 | $279,000 | $83,800 | $195,200 |
| 2015 | $5,787 | $278,900 | $90,400 | $188,500 |
| 2014 | $5,595 | $278,900 | $90,400 | $188,500 |
| 2013 | $5,519 | $278,900 | $90,400 | $188,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/01/2025 05/01/25 | Pending | -- | -- | -- | |
| 03/05/2025 03/05/25 | For Sale | $550,000 | 0.0% | $105 / Sq Ft | |
| 02/18/2025 02/18/25 | Pending | -- | -- | -- | |
| 01/15/2025 01/15/25 | Price Changed | $550,000 | -8.3% | $105 / Sq Ft | |
| 01/06/2025 01/06/25 | For Sale | $600,000 | +50.0% | $115 / Sq Ft | |
| 11/04/2022 11/04/22 | Sold | $400,000 | -33.3% | $64 / Sq Ft | View Prior Sale |
| 02/10/2022 02/10/22 | Pending | -- | -- | -- | |
| 06/13/2021 06/13/21 | For Sale | $599,900 | -- | $97 / Sq Ft |
Source: State-Wide MLS
MLS Number: 1375228
APN: WARW 26000070000
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