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28 Riverdale Avenue

West Warwick, RI 02893
  • $1,350,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 1400432
UPDATED: 32 min ago
$1,350,000
  • 0
    BEDS
  • 0.64
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1991
County:
Area:

School Ratings & Info

Description

This is a great turnkey investment opportunity with a low-maintenance, two-building portfolio totaling 9 units at 28 30 Riverdale Avenue, producing a strong NOI of $123,105. 28 Riverdale is a clean and well-kept duplex tucked toward the back of the lot, offering two 2-bed/1 1/2 -bath units with in-unit laundry, separate utilities, a private deck all overlooking the Pawtuxet River. 30 Riverdale has seven units five 2-bedrooms and two 1-bedrooms and comes with updated features including an up-to-date fire alarm system, lead-safe certificates, and high-efficiency Navien heating systems (installed 2023 & 2024). There's also coin-op laundry in the basement. Tenants cover their own electric, while heat and hot water are included. Both buildings share 14 assigned parking spaces, making this a solid, income-producing property with long-term stability and strong rental appeal.

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[Rhode Island Statewide MLS] logo

© 2025 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 | Flagship Forbes Global Properties 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 | Flagship Forbes Global Properties. 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: 2025-12-12T09:37:43.987.
www.krekorianteam.com/homes/170354039
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28 Riverdale Avenue West Warwick, RI 02893

  • Price: $1,350,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 32 min ago
  • MLS #: 1400432
0
Beds
0
Baths
0
½ Baths
0.64
Acres
1991
Built
Neighborhood:
Centreville
County:
Kent
Area:
West Warwick
Property Description
This is a great turnkey investment opportunity with a low-maintenance, two-building portfolio totaling 9 units at 28 30 Riverdale Avenue, producing a strong NOI of $123,105. 28 Riverdale is a clean and well-kept duplex tucked toward the back of the lot, offering two 2-bed/1 1/2 -bath units with in-unit laundry, separate utilities, a private deck all overlooking the Pawtuxet River. 30 Riverdale has seven units five 2-bedrooms and two 1-bedrooms and comes with updated features including an up-to-date fire alarm system, lead-safe certificates, and high-efficiency Navien heating systems (installed 2023 & 2024). There's also coin-op laundry in the basement. Tenants cover their own electric, while heat and hot water are included. Both buildings share 14 assigned parking spaces, making this a solid, income-producing property with long-term stability and strong rental appeal.
Exterior Features

Foundation Details Concrete Perimeter Stone Levels Three Or More Parking Total 14 View Water View YN Yes

Interior Features

Basement Full Basement YN Yes Heating Baseboard Gas Heating YN Yes

Property Features

Community Features Highway Access Near Schools Public Transportation Recreation Area Restaurant Shopping Electric 100 Amp Service200+ Amp Service Human Modified YN No Land Lease YN No Laundry Features Laundry Room New Construction YN No Owner Pays Gas Grounds Care Heat Hot Water Pest Control Snow Removal Sewer Taxes Water Possible Use Multi- Family Residential Property Sub Type Commercial Road Frontage Type City Street Security Features Carbon Monoxide Detector(s) Fire Alarm Fire Escape Smoke Detector(s) Sewer Connected Public Sewer Structure Type Multi Family Tax Annual Amount 14000 Tax Assessed Value 879000 Tax Lot 0021 Tax Year 2024 Tenant Pays Electricity Gas Heat Hot Water Utilities Cable Available Electricity Available Natural Gas Connected Municipal Utilities Water Connected Sewer Connected Water Source Connected Public Zoning R6

[Rhode Island Statewide MLS] logo Listing information © 2025 State-Wide Multiple Listing Service.
Listing provided courtesy of SHAWOMET REALTY COMPANY: .



[Rhode Island Statewide MLS] logo

© 2025 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 | Flagship Forbes Global Properties 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 | Flagship Forbes Global Properties. 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: 2025-12-12T09:37:43.987.
 
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John Krekorian | Flagship Forbes Global Properties
28 Caswell Street
Narragansett RI, 02882