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109 Market Street

Warren, RI 02885

13 beds
5 baths
– sqft
7,405 sqft lot
1920 build

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.

Listing courtesy of RIMLS / William Raveis Inspire

Last checked: Checking… • Last updated Dec 12, 2024 •

MLS# 1373579 —

The Building

Year Built:

1920
New Construction:

false
Building Area Total:

5673.0
Construction Materials:

VinylSiding
Structure Type:

Apartment
Stories Total:

3
Basement:

ExteriorEntry,Full,InteriorEntry,Unfinished
Basement:

true

Interior

Flooring:

CeramicTile,Hardwood
Fireplace:

false
Laundry Features:

CommonArea

Room Dimensions

Living Area Source:

PublicRecords

Location

Latitude:

41.730455
Longitude:

-71.278664

The Property

Property Type:

ResidentialIncome
Property Sub Type:

MultiFamily
Lot Size Acres:

0.17
Lot Size Area:

7405.0
Lot Size Square Feet:

7405.0
Lot Size Units:

SquareFeet
Parcel Number:

109MARKETSTWARN
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

9748.0
Tax Assessed Value:

675100
Tax Lot:

34

Beds

Bedrooms Total:

13

Baths

Bathrooms Total:

5
Bathrooms Full:

5

The Listing

Virtual Tour URL Unbranded:

https://tour.RiLiving.com/109-Market-Street-Warren-RI-02885

Heating & Cooling

Heating:

Baseboard,Gas
Heating:

true
Cooling:

None
Cooling:

false

Utilities

Utilities:

SewerConnected
Electric:

Amps200OrMore
Sewer:

Connected
Water Source:

Connected

Appliances

Appliances:

GasWaterHeater

The Community

Senior Community:

false

Parking

Parking Total:

8.0
Parking Features:

Detached,Garage
Attached Garage:

false
Garage:

true
Garage Spaces:

2.0
Covered Spaces:

2.0

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/29/24 Nov 29, 2024	Listed / Active	RIMLS	$1,260,000

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This multifamily located in Downton Warren, Warren, RI 02885 is currently for sale for $1,260,000. 109 Market Street is a – square foot multifamily with 13 beds and 5 baths. 109 Market Street is in the Downton Warren neighborhood of Warren and has a WalkScore® of 81, making it very walkable.

Listing Courtesy of: RIMLS and William Raveis Inspire.

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.