New Listing - 09/24/2024
24 Manchester Street, West Warwick, RI, 02893
17 rooms
9 beds
4 Full baths
1800
Discover an exceptional investment or owner-occupied opportunity in West Warwick. This well-maintained, large multi-family property features four spacious units, including three 2-bedroom units and one 3-bedroom unit. Situated on a generous corner lot along a quiet street, each unit boasts its own gas heating system, individual electric panel and meter, and hot water tank. Two units have been updated with the convenience of central air. Shared coin-operated laundry facilities are located in the basement, while the owner's unit features the added convenience of in-unit washer and dryer. The fire alarms have been upgraded to meet current building codes. Ample off-street parking is available for all tenants. Rents are currently below market rates, with tenants responsible for their own utilities. The property features two detached garages, including a 1-bay garage and an insulated 3-bay garage with a 16' ceiling, offering potential for additional income or a haven for car or gym enthusiasts. Tenants are in place, with a solid rental history and current month-to-month leases. The owner currently occupies one unit. Please note, no interior photos of Unit 3 are available at this time. Don't miss this rare opportunity to acquire a well-maintained multi-family property with strong income potential. Live in one unit while collecting rental income from the remaining three.
Status:
Active
Type:
Multi-family
Laundry Remarks:
Common Area
Units:
4
Zoning:
R6
Subdivision:
Crompton
Garage:
4-car Detached, Garage, Garage Door Opener
Heating:
Baseboard, Forced Air, Gas, Hot Water
Cooling:
Central Air, Window Unit(s)
Basement:
Full, Interior Entry, Unfinished
Parking:
12-car
Acreage:
0.29
Est. Taxes:
$7,734
Assessment
$377,800
Construction
Drywall,Other
Utilities
Sewer Connected
Lot Description:
Corner Lot
Amenities:
Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), Sidewalks
Days on Market:
2
Appliances:
Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Washer
MLS #:
1369190
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Mott & Chace Sotheby's Intl. Phone: 401-789-8899