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928 Main Street

West Warwick, RI 02893
  • $475,000
  • STATUS: Active Under Contract
  • ON SITE: 17 Days
  • MLS #: 1359548
Under Contract
UPDATED: 106 min ago
$475,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,909
    SQFT
  • $122
    $/SQFT
Type:
Commercial
Built:
1925
County:
Area:

School Ratings & Info

Description

Introducing 928-932 Main Street, a meticulously maintained property featuring five residential units & one free-standing commercial unit. This property offers a unique investment opportunity for savvy investors. * The third floor houses a bright two-bedroom unit, enhanced by skylights & abundant natural light. This unit includes a full bathroom & an additional shower room. On the second floor, the rear unit has a newly restored one-bed apartment, currently vacant & ready for occupancy. It features a large eat-in kitchen with a pantry showcasing glass cabinetry. The front unit on the same floor also offers one bedroom, complemented by charming bow windows & a spacious deck. The first-floor rear unit has one bed, a pantry-style kitchen & a spacious living room. The first-floor front unit has lovely bow windows & a private deck. The free-standing commercial unit on the property is equipped with its own furnace, electrical panel & a half bath, making it ideal for a small business. All units & the commercial space benefit from a reliable gas heat source. The property is supported by a fully fire-compliant with an addressable system & a new high-efficiency heat & hot water. With ample parking & easy access to all amenities, it is attractive for residential tenants & business owners. All current tenants are long-term; the rents are below market rates, offering significant potential for increased revenue. This well-maintained property ensures a stable investment for the future.

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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: 2024-06-15T17:37:32.597.
www.krekorianteam.com/homes/150978483
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928 Main Street West Warwick, RI 02893

  • Price: $475,000
  • Status: Active Under Contract
  • On Site: 17 Days
  • Updated: 106 min ago
  • MLS #: 1359548
0
Beds
0
Baths
0
½ Baths
0.15
Acres
3,909
SQFT
$122
$/SQFT
1925
Built
County:
Kent
Area:
West Warwick
Property Description
Introducing 928-932 Main Street, a meticulously maintained property featuring five residential units & one free-standing commercial unit. This property offers a unique investment opportunity for savvy investors. * The third floor houses a bright two-bedroom unit, enhanced by skylights & abundant natural light. This unit includes a full bathroom & an additional shower room. On the second floor, the rear unit has a newly restored one-bed apartment, currently vacant & ready for occupancy. It features a large eat-in kitchen with a pantry showcasing glass cabinetry. The front unit on the same floor also offers one bedroom, complemented by charming bow windows & a spacious deck. The first-floor rear unit has one bed, a pantry-style kitchen & a spacious living room. The first-floor front unit has lovely bow windows & a private deck. The free-standing commercial unit on the property is equipped with its own furnace, electrical panel & a half bath, making it ideal for a small business. All units & the commercial space benefit from a reliable gas heat source. The property is supported by a fully fire-compliant with an addressable system & a new high-efficiency heat & hot water. With ample parking & easy access to all amenities, it is attractive for residential tenants & business owners. All current tenants are long-term; the rents are below market rates, offering significant potential for increased revenue. This well-maintained property ensures a stable investment for the future.
Exterior Features

Construction Materials Frame Parking Total 6

Interior Features

Basement Full Basement YN Yes

Property Features

Business Type Mixed Community Features Highway Access Near Schools Other Public Transportation Recreation Area Restaurant See Remarks High Traffic Location Electric Item100 Amp Service Circuit Breakers Human Modified YN Yes Land Lease YN No New Construction YN No Owner Pays Electricity Heat Possible Use Commercial Property Sub Type Commercial Sewer Connected Structure Type Multi Family Office Tax Annual Amount 9031 Tax Assessed Value 329600 Tax Lot 0012 Tax Year 2023 Utilities Sewer Connected Water Source Public Zoning CI

[Rhode Island Statewide MLS] logo Listing information © 2024 State-Wide Multiple Listing Service.
Listing provided courtesy of Westcott Properties: .



[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: 2024-06-15T17:37:32.597.
 
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John Krekorian | RE/MAX Flagship
140 Point Judith Road #23
Narragansett RI, 02882