1 Ferreira Ct , West Warwick, RI 02893
West Warwick, RI 02893
Description
Sat & Sun, Oct 12th &13th @ 1 PM - 3 PM. Don't miss out on this extremely rare opportunity to own a 6-Unit Multi that holds incredible potential for the right investor, developer, or buyer! These two separate properties, located on the same lot, consist of Two (2 Bdrm/1 Bath) and One (1 Bdrm/1 Bath) each, making it a total of 6 units. There is currently one very sizable storage area for each property, which can easily be converted into an additional unit, to renovate into 8 total units. Current rents are right under $100k, but all are well under market rate and possess tremendous upside. Plenty of desired parking, as 14 total spaces are available. Gain additional income through coin-op washing machines in each basement. Landlord pays for all utilities, excluding wifi/cable, so separating each utility lines would also be a viable option for the new owner. Time to put your creativity to use, as there are abundant ways to max out your potential earnings with this absolute gem.
Details
| Mls | 73301193 |
|---|---|
| Listing Type | For Sale |
| Style | Attachd |
| Subtype | Resale |
| Status | Active |
| Year | 1989 |
| Days On Site | 58 |
| Listing Provided By | Premier Realty Group - Lexington | Won Ra |
Features
| Beds | 10 |
|---|---|
| Baths | 6 Total |
| Sq Feet | 5,152 |
| Basement | Y |
| Storys | 9 |
| Units | 6 |
| Zoning | R-6 |
| Acreage | 0.57 |
Market Activity 02893
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Learn More About This Property
| State | RI |
|---|---|
| County | Kent |
| City | West Warwick |
| Zip Code | 02893 |
| Area | Kent |
| Listing VS Median (in 02893) | |
Price: $949,000 low | high Med: $557,000 SqFt: 5,152 low | high Med: 2,575 $ / SqFt: $184 low | high Med: $219 On Site: 58 low | high Med: 49.500000 | |