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206 Reynolds Avenue

Warwick, RI 02889
  • $549,999
  • STATUS: Active
  • ON SITE: 12 Days
  • MLS #: 1369206
UPDATED: 73 min ago
$549,999
  • 5
    BEDS
  • 0.11
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 4,800
    SQFT
  • $115
    $/SQFT
Type:
Multi-Family
Built:
1940
County:
Area:

School Ratings & Info

Description

Welcome to your next investment opportunity! This charming 3 unit multifamily property is located in a quiet and desirable neighborhood, just steps away from the water. With great cash flow potential, this property is a dream for any savvy investor. Unit 2 current rent is $1600, unit 3 rent is $800 plus unit 1's market rent is $1800(vacant currently) The main house features two spacious units: Unit 1 boasts 2 bedrooms and 1 bathroom, while Unit 2 offers 2 bedrooms and 1.5 bathrooms. Both units are perfect for tenants seeking comfortable living spaces with plenty of natural light. But that's not all this property also includes a separate cottage on the lot, providing additional rental income potential. The cottage is a cozy studio with its own entrance, making it the ideal space for renters looking for privacy. Imagine owning an investment property where you can relax by the water and watch your profits roll in. With its prime location and multiple rental options, this home offers endless possibilities for lucrative returns. Don't miss out on this incredible opportunity to invest in both comfort and income potential. Schedule a showing today before it's too late!

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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 Onshore Realtors 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 Onshore Realtors. 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: 2024-10-04T13:37:58.05.
www.onshorerealtors.com/homes/155589105
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206 Reynolds Avenue Warwick, RI 02889

  • Price: $549,999
  • Status: Active
  • On Site: 12 Days
  • Updated: 73 min ago
  • MLS #: 1369206
5
Beds
3
Baths
1
½ Baths
0.11
Acres
4,800
SQFT
$115
$/SQFT
1940
Built
County:
Kent
Area:
Warwick
Property Description
Welcome to your next investment opportunity! This charming 3 unit multifamily property is located in a quiet and desirable neighborhood, just steps away from the water. With great cash flow potential, this property is a dream for any savvy investor. Unit 2 current rent is $1600, unit 3 rent is $800 plus unit 1's market rent is $1800(vacant currently) The main house features two spacious units: Unit 1 boasts 2 bedrooms and 1 bathroom, while Unit 2 offers 2 bedrooms and 1.5 bathrooms. Both units are perfect for tenants seeking comfortable living spaces with plenty of natural light. But that's not all this property also includes a separate cottage on the lot, providing additional rental income potential. The cottage is a cozy studio with its own entrance, making it the ideal space for renters looking for privacy. Imagine owning an investment property where you can relax by the water and watch your profits roll in. With its prime location and multiple rental options, this home offers endless possibilities for lucrative returns. Don't miss out on this incredible opportunity to invest in both comfort and income potential. Schedule a showing today before it's too late!
Exterior Features

Construction Materials Vinyl Siding Covered Spaces 0 Garage YN No Parking Features No Garage Parking Total 6

Interior Features

Appliances Gas Water Heater Basement Full Unfinished Walk- Out Access Basement YN Yes Cooling Window Unit(s) Cooling YN Yes Fireplace YN No Fireplaces Total 0 Flooring Vinyl Heating Baseboard Gas Heating YN Yes

Property Features

Electric 100 Amp Service Human Modified YN No Land Lease YN No New Construction YN No Operating Expense 0 Property Sub Type Multi Family Senior Community YN No Sewer Connected Tax Annual Amount 6441 Tax Assessed Value 453900 Tax Lot 0084 Tax Year 2023 Utilities Sewer Connected Water Source Connected

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



[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 Onshore Realtors 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 Onshore Realtors. 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: 2024-10-04T13:37:58.05.
 
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Onshore Realtors
57 Shore Rd, Suite B
Westerly RI, 02891