At one point in history this was only the 2nd Stagecoach Stop! Now it is a unique investment opportunity to own 3 units, all with tenants, in 2 houses on 1 piece of corner property in the heart of Warwick. Situated at the foot of the hill to Toll Gate High School and diagonally across from the back entrance to CCRI, this spot is centrally located and a short walk to shopping at Bald Hill Road. All 3 tenants have expressed interest in renewing/extending their leases with a new owner, making this a sound investment. 2 of the 3 units have recently been updated. The owner needs to sell quickly, and has priced the listing below market value in hopes of moving the property quickly.
Sold for $450,000 on 05/09/25
$450,000
403 Commonwealth Ave, Warwick, RI 02886
6beds
5,232sqft
Multi Family
Built in 1865
-- sqft lot
$523,300 Zestimate®
$86/sqft
$3,582 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: November 07, 2022 at 05:26am
Listed by:
Eric Ouhrabka 401-601-6166,
36d5 Realty
Bought with:
Frank Moreau, REB.0016045
MGM Realty Corporation
Source: StateWide MLS RI,MLS#: 1285397

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
Heating
- Natural Gas, Baseboard
Cooling
- Wall Unit(s)
Appliances
- Included: Gas Water Heater
Features
- Plumbing (Mixed), Insulation (Ceiling)
- Flooring: Hardwood
- Basement: Full,Walk-Out Access,Finished
- Has fireplace: No
Interior area
- Total structure area: 6,208
- Total interior livable area: 5,232 sqft
Property
Parking
- Total spaces: 15
- Parking features: No Garage
Lot
- Size: 1.10 Acres
Details
- Parcel number: WARWM260B0007L0000
- Special conditions: Short Sale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Aluminum Siding
Condition
- New construction: No
- Year built: 1865
Utilities & green energy
- Electric: 100 Amp Service
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Warwick
HOA & financial
Other financial information
- Total actual rent: 1900
Services availability

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$523,300
2% more+ $10,466
With Zillow Showcase(estimated)
$533,766