$681,000
SOLD OCT 24, 2025
8 Beds
4 Baths
3,456 Sq Ft
0.71 Acres

Recently Sold

$197 Per Sq Ft

9% Below List Price

113 Days on Market

Highlights

  • 0.71 Acre Lot
  • Bathtub with Shower
  • Ceramic Tile Flooring
  • Deck
  • Storage Room
  • Zoned Heating

About This Home

As of October 2025

Exceptional Multi-Family Investment Opportunity in West Warwick! Discover this rare chance to own two side-by-side two-family homes on a spacious 0.7-acre lot, offering a total of four townhouse-style units each featuring 2 bedrooms, 1 full bath, private basement access, laundry, parking for each unit with separate entrances and utilities. With over 3,400 square feet of living space, this property is a proven income generator with fully tenant-occupied units and reliable, rent-paying tenants in place. Option for owner ocupancy. Built in 1987 and extensively updated, this low-maintenance investment includes: New rear decks and a fully paved lot with all potholes professionally repaired Renovated front units with new flooring, paint, cabinets, lighting, plumbing fixtures, doors, and more New water heaters, gas boiler valves, bath vanities, blinds, and bath fans in multiple units Separate gas and electric meters Gas and Electric utilities paid by tenants Annual boiler servicing for proactive upkeep Bonus owner's storage/office space. Located in a friendly neighborhood known for its occasional local parades and festivals, this property also boasts excellent walkability to popular eateries. Whether you're looking to expand your portfolio or invest for the future, this multi-family is an exceptional find in the heart of West Warwick.

Last Agent to Sell the Property

Gregory Coupe

Long Realty, Inc. License #REC.0005239 Listed on: 04/03/2025

Last Buyer's Agent

Kevin Sokolowski

Real Broker, LLC License #RES.0045061

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,400

Year Built

  • Built in 1987

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 3,456 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Laundry in unit

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 8 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 220 Volts
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Deck
  • 0.71 Acre Lot

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 365
  • Assessor Parcel Number 951MAINSTWWAR

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Operating Expense $6,045

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,400

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.705
  • Above Grade Finished Sq Ft: 3456.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1987
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Gas Water Heater, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Tub Shower
  • Dining Room Type: Storage Room
  • Stories: 2

Exterior Features

  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water, Zoned
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, 220 Volts
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 30709.8
  • Parcel #: 951MAINSTWWAR

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 6045.0

Tax Info

  • Tax Annual Amount: 11399.74
  • Tax Lot: 365
  • Tax Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Apr 28, 2022
Sold by
Marxson Catherine E
Bought by
Imondi William S
Seller's Agent
Brian Praileau
Real Broker, LLC
Buyer's Agent
colette gnacadja
HomeSmart Professionals
List Price
$540,000
Sold Price
$540,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
Original Mortgage
$530,219
Outstanding Balance
$498,424
Interest Rate
4.16%
Mortgage Type
FHA
Estimated Equity
$181,203

Purchase Details

Closed on
Jun 30, 2000
Sold by
Gencarelli Paul D
Bought by
Maxson Frederick J and Maxson Catherine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,050
Interest Rate
8.59%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $540,000 None Available
Warranty Deed $174,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $530,219 FHA
Previous Owner $157,050 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2025 10/25/25 Off Market $681,000 -- --
10/24/2025 10/24/25 Sold $681,000 -2.7% $197 / Sq Ft
07/25/2025 07/25/25 Pending -- -- --
06/05/2025 06/05/25 Price Changed $699,900 -3.4% $203 / Sq Ft
05/05/2025 05/05/25 Price Changed $724,900 -3.3% $210 / Sq Ft
04/03/2025 04/03/25 For Sale $749,900 +38.9% $217 / Sq Ft
04/29/2022 04/29/22 For Sale $540,000 0.0% $156 / Sq Ft
04/28/2022 04/28/22 Sold $540,000 -- $156 / Sq Ft View Prior Sale
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

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 $8,515 $556,900 $77,500 $479,400
2024 $9,158 $447,400 $73,000 $374,400
2023 $8,979 $447,400 $73,000 $374,400
2022 $8,836 $447,400 $73,000 $374,400
2021 $9,409 $314,800 $55,900 $258,900
2020 $9,409 $314,800 $55,900 $258,900
2019 $9,230 $314,800 $55,900 $258,900
2018 $7,420 $194,800 $48,100 $146,700
2017 $7,393 $194,800 $48,100 $146,700
2016 $7,260 $194,800 $48,100 $146,700
2015 $7,775 $208,600 $48,100 $160,500
2014 $5,296 $208,600 $48,100 $160,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1381639

State-Wide MLS

APN: WWAR-000003-000365-000000