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3214 Post Road

Warwick, RI 02886
  • $579,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 1328371
UPDATED: 62 min ago
$579,000
  • 7
    BEDS
  • 0.28
    ACRES
  • 2
    BATHS
  • 2
    1/2 BATHS
  • 3,934
    SQFT
  • $147
    $/SQFT
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

Description

Great investment opportunity, with great visibility on historic post rd, and views of the bay from the top levels. Currently is zoned commercial, and is used as both commercial and residential. The main building has 7br/offices with 2ba, with ample finished space. The second building two separate offices. One on the main level, and one on the lower level. Each has its own entrance. Main building is currently housing medium term contract workers (6mo+ minimum agreement) 4 out of 7 are currently leased out collecting $3600/mo with 3 open rooms. Smaller building has the main level leased out for the next 3yrs @ $1200/mo, with the lower unit currently vacant. Collectively $4800/mo gross. Has potential to collect an additional $3700 if remaining vacant space is leased out. Seller has moved out of state and is selling this great investment opportunity. Whether you use it in its current use, or you need it all to be office space.

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[Rhode Island Statewide MLS] logo

© 2023 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: 2023-02-03T17:38:06.483.
www.onshorerealtors.com/homes/136396280
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3214 Post Road Warwick, RI 02886

  • Price: $579,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 62 min ago
  • MLS #: 1328371
7
Beds
2
Baths
2
½ Baths
0.28
Acres
3,934
SQFT
$147
$/SQFT
1900
Built
County:
Kent
Area:
Warwick
Property Description
Great investment opportunity, with great visibility on historic post rd, and views of the bay from the top levels. Currently is zoned commercial, and is used as both commercial and residential. The main building has 7br/offices with 2ba, with ample finished space. The second building two separate offices. One on the main level, and one on the lower level. Each has its own entrance. Main building is currently housing medium term contract workers (6mo+ minimum agreement) 4 out of 7 are currently leased out collecting $3600/mo with 3 open rooms. Smaller building has the main level leased out for the next 3yrs @ $1200/mo, with the lower unit currently vacant. Collectively $4800/mo gross. Has potential to collect an additional $3700 if remaining vacant space is leased out. Seller has moved out of state and is selling this great investment opportunity. Whether you use it in its current use, or you need it all to be office space.
Exterior Features

Construction Materials Wood Siding Covered Spaces 0 Foundation Details Combination Garage YN No Parking Features No Garage Parking Total 12

Interior Features

Appliances DishwasherElectric Water HeaterGas Water HeaterMicrowaveOvenRangeRefrigeratorWasher Basement FullPartially FinishedWalk-Out Access Basement YN Yes Cooling 1 UnitWall Unit(S) Fireplace YN No Fireplaces Total 0 Flooring CarpetCeramic TileHardwoodLaminate Heating BaseboardElectricGasSteam Interior Features Cedar Closet(S)Tub Shower

Property Features

Electric 100 Amp Service Land Lease YN No Operating Expense 0 Property Sub Type Multi Family Senior Community YN No Sewer Public Sewer Tax Annual Amount 0 Tax Assessed Value 226600 Tax Lot 0202 Tax Year 2022 Water Source Public

[Rhode Island Statewide MLS] logo Listing information © 2023 State-Wide Multiple Listing Service.
Listing provided courtesy of The Greene Realty Group: 860-560-1006.



[Rhode Island Statewide MLS] logo

© 2023 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: 2023-02-03T17:38:06.483.
 
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Onshore Realtors
57 Shore Rd, Suite B
Westerly RI, 02891