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24 Manchester ST West Warwick, RI 02893
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Key Details
Sold Price $630,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,450 sqft
Price per Sqft $182
Subdivision Crompton
MLS Listing ID 1369190
Sold Date 11/01/24
Bedrooms 9
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 3,450
Year Built 1800
Annual Tax Amount $7,734
Tax Year 2024
Lot Size 0.292 Acres
Acres 0.292
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.
Location
State RI
County Kent
Community Crompton
Zoning R6
Rooms
Basement Full, Interior Entry, Unfinished
Interior
Interior Features Tub Shower
Heating Baseboard, Forced Air, Gas, Hot Water
Cooling Central Air, Window Unit(s)
Flooring Ceramic Tile, Hardwood, Laminate, Carpet
Fireplaces Type None
Fireplace No
Appliance Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Washer
Laundry Common Area
Exterior
Garage Detached
Garage Spaces 4.0
Community Features Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), Sidewalks
Utilities Available Sewer Connected
Total Parking Spaces 12
Garage Yes
Building
Lot Description Corner Lot
Foundation Stone
Sewer Connected
Water Connected
Additional Building Outbuilding
Structure Type Drywall,Other
New Construction No
Others
Senior Community No
Tax ID 24MANCHESTERSTWWAR
Financing Conventional
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Bought with Mott & Chace Sotheby's Intl.