$949,000 ($184.20 per sqft)

Est. Mortgage $4,675/mo *

Quick Pre-Approval

1 Ferreira Ct, West Warwick, RI, 02893

1 Ferreira Ct, West Warwick, RI, 02893

22 rooms

10 beds

6 Full baths

1989

5,152 sqft

Sat & Sun, Oct 12th &13th @ 1 PM - 3 PM. Don't miss out on this extremely rare opportunity to own a 6-Unit Multi that holds incredible potential for the right investor, developer, or buyer! These two separate properties, located on the same lot, consist of Two (2 Bdrm/1 Bath) and One (1 Bdrm/1 Bath) each, making it a total of 6 units. There is currently one very sizable storage area for each property, which can easily be converted into an additional unit, to renovate into 8 total units. Current rents are right under $100k, but all are well under market rate and possess tremendous upside. Plenty of desired parking, as 14 total spaces are available. Gain additional income through coin-op washing machines in each basement. Landlord pays for all utilities, excluding wifi/cable, so separating each utility lines would also be a viable option for the new owner. Time to put your creativity to use, as there are abundant ways to max out your potential earnings with this absolute gem.


Status:

Active

Type:

Multi-family

Units:

6

Zoning:

R-6

Basement:

Unfinished

Levels:

9

Parking:

14-car, Paved Drive, Off Street, Common

Acreage:

0.57

Est. Taxes:

$14,974

Assessment

$536,100

Construction

Frame

MLS #:

73301193


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Won Ra, Premier Realty Group - Lexington