Incredible opportunity awaits with this fantastic 3-family home! This rare gem is a perfect fit for an owner-occupant seeking a comfortable living space while benefiting from rental income, or for an astute investor looking to maximize their returns. Boasting two spacious 2-bedroom units and a separate studio, this property offers remarkable versatility and excellent income potential. What sets this property apart is the ease of management - tenants cover utilities, allowing for hassle-free operation and peace of mind. With a garage, off-street parking, and on-site laundry facilities, convenience is at your doorstep. The recent renovations ensure modern comfort and style throughout, making it an attractive choice for any discerning buyer. Situated in a prime location, this property grants quick access to an array of amenities, including shopping, dining, and entertainment options. Leveraging the $17,500 Rhode Island Housing grant program, a first-time buyer could step into homeownership with minimal financial stress. Investors will also find this property to be a promising addition to their portfolio, given its strong income-producing potential. Don't miss out on this outstanding income-generating opportunity! Act swiftly to secure your foothold in the Rhode Island real estate market.
Sold for $430,000 on 10/06/23
$430,000
59 E Main St, West Warwick, RI 02893
5beds
2,450sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$176/sqft
$3,414 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 06, 2023 at 01:03pm
Listed by:
The DiSpirito Team 401-244-8355,
Engel & Volkers
Bought with:
Sean Ahn, RES.0019422
Green Island Realty, Inc.
Source: StateWide MLS RI,MLS#: 1341789
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Bath w Tub & Shower
Heating
- Natural Gas, Baseboard, Forced Water
Cooling
- None
Appliances
- Included: Gas Water Heater, Dishwasher, Dryer, Oven/Range, Refrigerator, Washer
- Laundry: In Building
Features
- Wall (Dry Wall), Stairs, Plumbing (Mixed), Insulation (Unknown)
- Flooring: Vinyl
- Doors: Storm Door(s)
- Basement: Full,Interior Entry,Unfinished,Common,Storage Space,Utility
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,450
- Total interior livable area: 2,450 sqft
Property
Parking
- Total spaces: 3
- Parking features: Detached, Driveway
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 2
- Patio & porch: Porch
Lot
- Size: 6,529 sqft
- Features: Sidewalks
Details
- Parcel number: WWAR01801060000
- Zoning: C1
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Clapboard
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Near Public Transport, Commuter Bus, Highway Access, Interstate, Private School, Public School, Schools, Near Shopping
Location
- Region: West Warwick
HOA & financial
Other financial information
- Total actual rent: 4595