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24 Manchester Street

West Warwick, RI 02893
  • $599,800
  • STATUS: Active Under Contract
  • ON SITE: 11 Days
  • MLS #: 1369190
Under Contract
UPDATED: 42 min ago
$599,800
  • 9
    BEDS
  • 0.29
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,450
    SQFT
  • $174
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1800
County:
Area:

School Ratings & Info

Description

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.

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[Rhode Island Statewide MLS] logo

© 2024 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than John Krekorian | RE/MAX Flagship are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or John Krekorian | RE/MAX Flagship. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-10-06T06:37:51.63.
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24 Manchester Street West Warwick, RI 02893

  • Price: $599,800
  • Status: Active Under Contract
  • On Site: 11 Days
  • Updated: 42 min ago
  • MLS #: 1369190
9
Beds
4
Baths
0
½ Baths
0.29
Acres
3,450
SQFT
$174
$/SQFT
1800
Built
Neighborhood:
Crompton
County:
Kent
Area:
West Warwick
Property Description
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.
Exterior Features

Construction Materials Drywall Other Covered Spaces 4 Foundation Details Stone Garage YN Yes Lot Features Corner Lot Other Structures Outbuilding Parking Features Detached Garage Garage Door Opener Parking Total 12

Interior Features

Appliances Dryer Dishwasher Gas Water Heater Oven Range Refrigerator Washer Basement Full Interior Entry Unfinished Basement YN Yes Cooling Central Air Window Unit(s) Cooling YN Yes Fireplace Features None Fireplace YN No Fireplaces Total 0 Flooring Ceramic Tile Hardwood Laminate Carpet Heating Baseboard Forced Air Gas Hot Water Heating YN Yes Interior Features Tub Shower

Property Features

Attached Garage YN No Community Features Golf Highway Access Marina Near Hospital Near Schools Public Transportation Recreation Area Restaurant Shopping Tennis Court(s) Sidewalks Electric 100 Amp Service Circuit Breakers Human Modified YN No Inclusions Subject to seller finding suitable housing Land Lease YN No Laundry Features Common Area New Construction YN No Operating Expense 0 Property Sub Type Multi Family Senior Community YN No Sewer Connected Structure Type Apartment Tax Annual Amount 7734 Tax Assessed Value 377800 Tax Lot 392 Tax Year 2024 Tenant Pays Hot Water Utilities Sewer Connected Water Source Connected Zoning R6

[Rhode Island Statewide MLS] logo Listing information © 2024 State-Wide Multiple Listing Service.
Listing provided courtesy of Mott & Chace Sotheby's Intl.: .



[Rhode Island Statewide MLS] logo

© 2024 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than John Krekorian | RE/MAX Flagship are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or John Krekorian | RE/MAX Flagship. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-10-06T06:37:51.63.
 
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John Krekorian | RE/MAX Flagship
140 Point Judith Road #23
Narragansett RI, 02882