Seller's Agent in 2023
The DiSpirito Team
Engel & Volkers Oceanside
(401) 244-8355
12 in this area
480 Total Sales
59 E Main St West Warwick, RI 02893
West Warwick Centre Neighborhood
5
Beds
3
Baths
2,450
Sq Ft
6,530
Sq Ft Lot
Highlights
- 1 Car Detached Garage
- Bathtub with Shower
- Public Transportation
- Porch
- Storage Room
- Shops
About This Home
As of October 2023Incredible opportunity awaits with this fantastic 3-family home! This rare gem is a perfect fit for an owner-occupant seeking a comfortable living space while benefiting from rental income, or for an astute investor looking to maximize their returns. Boasting two spacious 2-bedroom units and a separate studio, this property offers remarkable versatility and excellent income potential. What sets this property apart is the ease of management - tenants cover utilities, allowing for hassle-free operation and peace of mind. With a garage, off-street parking, and on-site laundry facilities, convenience is at your doorstep. The recent renovations ensure modern comfort and style throughout, making it an attractive choice for any discerning buyer. Situated in a prime location, this property grants quick access to an array of amenities, including shopping, dining, and entertainment options. Leveraging the $17,500 Rhode Island Housing grant program, a first-time buyer could step into homeownership with minimal financial stress. Investors will also find this property to be a promising addition to their portfolio, given its strong income-producing potential. Don't miss out on this outstanding income-generating opportunity! Act swiftly to secure your foothold in the Rhode Island real estate market.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,412
Year Built
- Built in 1900
Lot Details
- 6,530
Parking
- 1 Car Detached Garage
- Driveway
Home Design
- Concrete Perimeter Foundation
- Clapboard
Interior Spaces
- 2,450 Sq Ft Home
- 2-Story Property
- Storage Room
- Utility Room
- Vinyl Flooring
- Storm Doors
Kitchen
- Oven
- Range
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- Hot Water Heating System
- 100 Amp Service
- Gas Water Heater
Additional Features
- Porch
- 6,530 Sq Ft Lot
Listing and Financial Details
- Tax Lot 106
- Assessor Parcel Number 59MAINSTWWAR
Community Details
Overview
- 2 Buildings
- 3 Units
Amenities
- Shops
- Public Transportation
Building Details
- Operating Expense $34,969
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/06/2023 10/06/23 | Sold | $430,000 | -2.3% | $176 / Sq Ft | |
| 09/25/2023 09/25/23 | Pending | -- | -- | -- | |
| 08/22/2023 08/22/23 | For Sale | $439,900 | +100.0% | $180 / Sq Ft | |
| 07/22/2021 07/22/21 | Sold | $220,000 | 0.0% | $147 / Sq Ft | View Prior Sale |
| 07/22/2021 07/22/21 | For Sale | $220,000 | -- | $147 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $5,882 | $384,700 | $79,900 | $304,800 |
| 2024 | $7,348 | $262,800 | $50,700 | $212,100 |
| 2023 | $4,484 | $223,400 | $50,700 | $172,700 |
| 2022 | $4,412 | $223,400 | $50,700 | $172,700 |
| 2021 | $6,988 | $233,800 | $41,700 | $192,100 |
| 2020 | $6,988 | $233,800 | $41,700 | $192,100 |
| 2019 | $6,732 | $229,600 | $41,700 | $187,900 |
| 2018 | $5,467 | $150,300 | $39,200 | $111,100 |
| 2017 | $5,704 | $150,300 | $39,200 | $111,100 |
| 2016 | $5,602 | $150,300 | $39,200 | $111,100 |
| 2015 | $5,844 | $156,800 | $39,200 | $117,600 |
| 2014 | $5,715 | $156,800 | $39,200 | $117,600 |
Source: Public Records
Agents Affiliated with this Home
-
The DiSpirito Team
-
Sean Ahn
S
Buyer's Agent in 2023
Sean Ahn
Green Island Realty, Inc.
(401) 346-1234
1 in this area
5 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1341789
APN: WWAR 018-0106-0-000
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