109 Market Street Warren, RI 02885
Listing Courtesy of: RHODE ISLAND / William Raveis Inspire / Tiffany Sousa

  109 Market Street Warren, RI 02885

Active Under Contract (27 Days)
$1,260,000
13
BED
5
BATH
5,673
SQFT

Description

Exciting Opportunity to Invest in a Turnkey 5-Family Gem.
This unique property consists of two buildings on one lot, offering a total of five apartments.
The first building features three apartments, each with three bedrooms. The second building is a two-family property with two bedrooms in each apartment. All apartments have been meticulously updated from top to bottom, boasting beautiful hardwood floors, bright finishes, updated electrical, windows, plumbing, and more. Additionally, each apartment has certificate of lead conformance.
One of the key highlights of this property is that all utilities are separated, providing convenience and ease of management. Furthermore, each apartment home is equipped with washer/dryer hookups in the basement. The property also includes a massive 2-car garage and workshop, offering the potential to increase rental income. The attic space in the garage presents an opportunity for further expansion, with limitless possibilities. In addition to these features, the property offers off-street parking and the apartments are currently rented below market price, presenting a great opportunity for increased revenue. This property presents a remarkable opportunity and is primed for the ideal investor.

MLS #:
1373579
Taxes
$9,748(2024)
Lot Size
7,405 SQFT
Type
Multifamily
Year Built
1920
County
Bristol County

Listed By

Tiffany Sousa, Bristol William Raveis Inspire
Source
RHODE ISLAND
Last checked Dec 26 2024 at 4:09 PM EST
Bathroom Details
  • Full Bathrooms: 5
Interior Features
  • Gas Water Heater
  • Laundry: In Building
Property Features
  • Fireplace: 0
Heating and Cooling
  • Baseboard
  • Natural Gas
  • None
Basement Information
  • Unfinished
  • Interior and Exterior
  • Full
Flooring
  • Hardwood
  • Ceramic Tile
Utility Information
  • Sewer: Connected
Garage
  • Garage
Parking
  • Total: 8
  • Detached
Stories
  • 3
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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Disclaimer: 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. Information is deemed reliable but is not guaranteed. © 2024 State-Wide Multiple Listing Service. All rights reserved. 12/26/24 08:09