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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
    $-- Zestimate®
    $86/sqft
    $3,053 Estimated rent

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    $2,371/mo

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    What's special

    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.

    Zillow last checked: 8 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#: 1285397MLS Logo

    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