206 Reynolds Avenue
Warwick, RI 02889
- 5 beds
- 4 baths
- – sqft
- 4,800 sqft lot
- 1940 build
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!
Listing courtesy of RIMLS / Longvin Realty Inc
Last checked:
Checking…
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Last updated Nov 20, 2024
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MLS# 1369206 —
The Building
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Year Built:1940
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New Construction:false
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Building Area Total:4800.0
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Construction Materials:VinylSiding
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Basement:Full,Unfinished,WalkOutAccess
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Basement:true
Interior
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Flooring:Vinyl
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Fireplace:false
Room Dimensions
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Living Area Source:PublicRecords
Location
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Latitude:41.698197
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Longitude:-71.411584
The Property
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Property Type:ResidentialIncome
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Property Sub Type:MultiFamily
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Lot Size Acres:0.1102
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Lot Size Area:4800.0
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Lot Size Square Feet:4800.0
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Lot Size Units:SquareFeet
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Parcel Number:206REYNOLDSAVWARW
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (401) 567-6666
- Office phone:
- (401) 567-6666
Taxes
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Tax Year:2023
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Tax Annual Amount:6441.0
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Tax Assessed Value:453900
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Tax Lot:0084
Beds
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Bedrooms Total:5
Baths
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Bathrooms Total:4
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Bathrooms Full:3
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Bathrooms Half:1
The Listing
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Virtual Tour URL Unbranded:https://tour.RiLiving.com/206-Reynolds-Avenue-Warwick-RI-02889
Heating & Cooling
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Heating:Baseboard,Gas
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Heating:true
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Cooling:WindowUnits
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Cooling:true
Utilities
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Utilities:SewerConnected
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Electric:Amps100
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Sewer:Connected
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Water Source:Connected
Appliances
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Appliances:GasWaterHeater
The Community
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Senior Community:false
Parking
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Parking Total:6.0
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Parking Features:NoGarage
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Garage:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/15/24
Nov 15, 2024
|
Listed / Active | RIMLS | $549,999 |