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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

    List your home for rent

    $3,414/mo

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    $3,414/mo

    Rent Zestimate®

    Refinance and save

    $2,716/mo

    Est. payment

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    $2,716/mo

    Est. payment

    What's special

    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.

    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#: 1341789MLS Logo

    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