$499,999
7 River St, West Warwick, RI 02893
4 Beds
4 Baths
5,434 sqft

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Private, peaceful and UNIQUE riverfront 6-unit MFM SIX (6) large, bright, clean 1-bedroom units w/private entrances, all w/ big decks overlooking the water consistently fully rented with great tenants! Great curb appeal and well-maintained w/ updates through the years. No smoking and no pets. Convenient location on Warwick line, 2-3 minutes to I-95, CCRI and malls. Each unit has a large kitchen, living room, bedroom, full bath, ceiling fans, AC and deck. Upper two units have skylights. All units have their own separate utilities. Gas heat, gas hot water tanks. 8-spot parking lot provides all tenants with space plus on-street parking allowed (even overnight). Convenient Coin-Op laundry room in basement. Commercial fire alarm inspected semi-annually. Municipal water & sewer - no assessments outstanding. Vinyl windows, vinyl siding, low maintenance. Tenants pay utilities incl HW, electric, gas and internet/cable. Owner pays water. GREAT RENTAL INCOME/CASH FLOW. Currently $5165 MONTHLY INCOME (RENTS plus COIN-OP). CROSS-LISTED - please see Commercial Listing MLS #1295136
  • Price:
  • $499,999
  • Bedrooms:
  • 4
  • Full Baths:
  • 4
  • Square Footage:
  • 5,434
  • Acreage:
  • 0.18
  • Year Built:
  • 1920
  • Listing ID #:
  • 1295130
  • Street Address:
  • 7 River St
  • City:
  • West Warwick
  • State:
  • Rhode Island
  • Postal Code:
  • 02893
  • County:
  • Kent
  • Subdivision:
  • Natick
  • Listing Status:
  • Active Under Contract
  • Listing Type:
  • Residential Income
  • Basement Description:
  • Full, Interior Entry, Unfinished
  • Construction Description:
  • Drywall, Plaster, Vinyl Siding
  • Exterior Features:
  • Balcony, Deck
  • Finished Above Ground Square Footage:
  • 5434
  • Flooring:
  • Ceramic Tile, Laminate, Vinyl, Carpet
  • Foundation:
  • Concrete Perimeter, Stone
  • Has Basement:
  • 1
  • Interior Features:
  • Attic, Skylights, Tub Shower, Cable Tv
  • Number Of Units:
  • 4
  • Patio Description:
  • Balcony, Deck
  • Stories:
  • 3
  • Total # Of Buildings:
  • 1
  • Total Building Square Footage:
  • 5434
  • View:
  • Water
  • Windows:
  • Skylight(s), Thermal Windows
  • Year Built:
  • 1920
  • Operating Expense:
  • 20335
  • Conforms To Zoning:
  • R6
  • Existing Land Use:
  • Multi-Family
  • Lot Features:
  • Paved, Waterfront
  • Lot Square Footage:
  • 7771
  • Community Features:
  • Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Days On Market:
  • 66
  • On Market Date:
  • 2021-10-01
  • Originating Mls:
  • Ris
  • Property Taxes:
  • $10,673
  • Tax Year:
  • 2021
  • Tenant Pays:
  • Hot Water
  • Laundry:
  • Common Area
  • Total Rooms:
  • 12
  • Parking Description:
  • No Garage
  • Parking Spaces:
  • 10
  • Appliances:
  • Dryer, Gas Water Heater, Refrigerator, Water Heater, Washer
  • Cooling System:
  • Wall Unit(s)
  • Electricity:
  • 100 Amp Service, Circuit Breakers
  • Existing Water:
  • Connected, Public
  • Has Central Air Conditioning:
  • 1
  • Heating:
  • Baseboard, Gas, Individual
  • Sewage Type:
  • Connected, Public Sewer
  • Waterfront:
  • 1
  • Waterfront Description:
  • River Access, Water Access, Walk To Water, Waterfront
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listed by Homesmart Professionals
  • Statewide MLS SWMLS

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