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Sold for $630,000 on 11/01/24
  • $630,000

    24 Manchester St, West Warwick, RI 02893

    9beds
    3,100sqft
    Multi Family
    Built in 1800
    -- sqft lot
    $655,800 Zestimate®
    $203/sqft
    $2,132 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: November 04, 2024 at 06:09am

    Listed by:

    Sheil Readyhough Team 401-932-6597,

    Mott & Chace Sotheby's Intl.

    Bought with:

    Sheil Readyhough Team

    Mott & Chace Sotheby's Intl.

    Source: StateWide MLS RI,MLS#: 1369190MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 4
    • Full bathrooms: 4
    Bathroom
    • Features: Bath w Tub & Shower
    Heating
    • Natural Gas, Baseboard, Forced Air, Forced Water, Gas Connected
    Cooling
    • Central Air, Window Unit(s)
    Appliances
    • Included: Gas Water Heater, Dishwasher, Dryer, Oven/Range, Refrigerator, Washer
    • Laundry: Common Area, In Building
    Features
    • Wall (Dry Wall), Stairs, Plumbing (Mixed), Insulation (Unknown), Ceiling Fan(s)
    • Flooring: Ceramic Tile, Hardwood, Laminate, Carpet
    • Basement: Full,Interior Entry,Unfinished,Laundry,Storage Space,Utility
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 3,450
    • Total interior livable area: 3,100 sqft

    Property

    Parking
    • Total spaces: 12
    • Parking features: Detached, Garage Door Opener
    • Garage spaces: 4
    Features
    • Stories: 3
    Lot
    • Size: 0.29 Acres
    • Features: Corner Lot, Sidewalks
    Details
    • Additional structures: Outbuilding
    • Zoning: R6
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Dry Wall, Other Siding
    • Foundation: Stone
    Condition
    • New construction: No
    • Year built: 1800

    Utilities & green energy

    • Electric: 100 Amp Service, Circuit Breakers, Individual Meter
    • Utilities for property: Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
    Location
    • Region: West Warwick
    • Subdivision: Crompton

    HOA & financial

    Other financial information
    • Total actual rent: 3300
    Services availability
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    Sell for more on Zillow

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    $655,800
    2% more+ $13,116
    With Zillow Showcase(estimated)
    $668,916