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    7 River Street

    Warwick, RI 02893
    • $499,999
    • STATUS: Active
    • ON SITE: 18 Days
    • MLS #: 170440355
    UPDATED: 104 min ago
    $499,999
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,434
      SQFT
    • $92
      $/SQFT
    Type:
    Commercial
    Built:
    1920
    County:
    Area:

    School Ratings & Info

    Description

    INVESTORS, youll notice pride in ownership right away on this UNIQUE 6-unit MFM rental property SIX (6) large, bright, clean1-bedroom units w/private entrances, each w/ big decks overlooking the water all consistently fully rented with great tenants!Great curb appeal and well-maintained w/ updates through the years. No smoking and no pets. Excellent location on Warwickline, 2-3 minutes to 95, CCRI and malls. Each unit has a large kitchen, living room, bedroom, full bath, ceiling fans, AC and deck.Private and very peaceful. Upper two units have skylights. All units have their own separate utilities. Gas heat, gas hot watertanks for each unit. 8-spot parking lot provides all tenants with space plus on-street parking allowed (even overnight). ConvenientCoin-Op laundry room in basement. Commercial fire alarm inspected semi-annually. Municipal water & sewer with no assessmentsoutstanding. Anderson windows, vinyl siding, low maintenance. Tenants pay utilities incl HW, electric, gas and internet/cable.Owner pays water. GREAT RENTAL INCOME/CASH FLOW. Currently $5165 MONTHLY INCOME (RENTS & COIN-OP) with below market rents. This is in West Warwick in Natick Section (border of Warwick/Cranston). See RI Commercial List MLS 1295136

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    The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc. Data last updated: 2021-10-17T00:09:43.287.
    www.frankschiavone.com/homes/121885018
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    7 River Street Warwick, RI 02893

    • Price: $499,999
    • Status: Active
    • Updated: 104 min ago
    • MLS #: 170440355
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    5,434
    SQFT
    $92
    $/SQFT
    1920
    Built
    County:
    Kent
    Area:
    Warwick
    Property Description
    INVESTORS, youll notice pride in ownership right away on this UNIQUE 6-unit MFM rental property SIX (6) large, bright, clean1-bedroom units w/private entrances, each w/ big decks overlooking the water all consistently fully rented with great tenants!Great curb appeal and well-maintained w/ updates through the years. No smoking and no pets. Excellent location on Warwickline, 2-3 minutes to 95, CCRI and malls. Each unit has a large kitchen, living room, bedroom, full bath, ceiling fans, AC and deck.Private and very peaceful. Upper two units have skylights. All units have their own separate utilities. Gas heat, gas hot watertanks for each unit. 8-spot parking lot provides all tenants with space plus on-street parking allowed (even overnight). ConvenientCoin-Op laundry room in basement. Commercial fire alarm inspected semi-annually. Municipal water & sewer with no assessmentsoutstanding. Anderson windows, vinyl siding, low maintenance. Tenants pay utilities incl HW, electric, gas and internet/cable.Owner pays water. GREAT RENTAL INCOME/CASH FLOW. Currently $5165 MONTHLY INCOME (RENTS & COIN-OP) with below market rents. This is in West Warwick in Natick Section (border of Warwick/Cranston). See RI Commercial List MLS 1295136
    Exterior Features

    Construction Description Frame Exterior Features LightingSidewalk Foundation Type ConcreteStone Lot Description DryLevel Lot Parking Spaces Uncovered 10 Parking Total Spaces 10 Road Frontage Approximate 73 Road Frontage Description Municipal StreetPaved Road Roof Information Asphalt Shingle

    Interior Features

    Cooling System Ceiling FansWall Unit Flooring ConcreteVinylWall-To-Wall Carpet Heat Type BaseboardGas On Gas Interior Features Living Space Available Restrooms Number Of 6

    Property Features

    Bank Owned Property Yn No Commercial Category Residential Income Documents Available Photo/Survey Electic Amperage 100 Flood Zone Yn Yes Garage Parking Info On Street ParkingOff Street ParkingParking Lot Heat Fuel Type Natural Gas Location Highway AccessSuburban Possession Availability Fully Occuplied Potential Short Sale Yn No Potential Use Residential Mfm Present Use Residential Mfm 6 Unit Property Tax 10673 Sewage System Public Sewer Connected Sewer Usage Fee Annual 1662 Sign Yn Yes Subdividable Ynu No Tenants Number Of 8 Utilities Available ElectricGasPhone AvailableCable Available Water Source Public Water Connected Zoning R6

    Listing information © 2021 Smart MLS
    Listing provided courtesy of Lorena Childress of Homesmart Professionals Real Estate.


    The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc. Data last updated: 2021-10-17T00:09:43.287.
     
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