Sold for $359,000

$359,000

935-937 W Shore Rd, Warwick, RI 02889

5beds

2,000sqft

Multi Family

Built in 1925

-- sqft lot

$486,200 Zestimate^®

$180/sqft

$2,131 Estimated rent

Home value

$486,200

$452,000 - $525,000

$2,131/mo

Zestimate^® history

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$2,131/mo

Rent Zestimate^®

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$1,904/mo

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$1,904/mo

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What's special

Investor Special - legal 4 unit property - as is sale. Income potential of $5600/month. Potential to change property to mixed use with an application to the town. Currently being used as a 3 family - 2 studios and 1 unit is a 2 bed. The 4th studio unit is in need of work to be brought to use. Walk to water, convenient location, huge rental potential - bring OFFERS.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1

Bathroom

Features: Bath w Shower Stall

Heating

Natural Gas, Baseboard

Cooling

None

Appliances

Laundry: Off Site

Features

Wall (Cermaic), Wall (Dry Wall), Wall (Paneled), Wall (Plaster), Plumbing (Mixed), Insulation (Unknown)
Flooring: Laminate
Basement: Partial,Bulkhead,Unfinished
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 3,036
Total interior livable area: 2,000 sqft

Property

Parking

Total spaces: 2
Parking features: No Garage

Features

Stories: 2
Waterfront features: Walk to Salt Water, Walk To Water

Lot

Size: 4,199 Square Feet
Features: Sidewalks

Details

Special conditions: Conventional/Market Value

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Ceramic, Dry Wall, Paneled, Plaster, Vinyl Siding
Foundation: Concrete Perimeter, Mixed, Unknown

Condition

New construction: No
Year built: 1925

Utilities & green energy

Electric: 100 Amp Service
Sewer: In Fee
Water: In Fee
Utilities for property: Sewer Connected, Water Connected

Community & HOA

Community

Features: Near Public Transport, Commuter Bus, Highway Access, Hospital, Interstate, Marina, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming
Subdivision: Conimicut

HOA

Has HOA: No

Location

Region: Warwick

Financial & listing details

Price per square foot: $180/sqft
Annual tax amount: $4,560
Date on market: 9/26/2024
Inclusions: Sale is as is, as seen Certificate of conformance from town of warwick for legal 4 unit. Currently being used as a 3 family 2 bed, 1 bath unit lease until April 2024 - $1200 (below market) studio with 1.5 bath month to month $1200(below market) studio will be vacant Nov 30th 2023 4th unit - studio- needs work. no bathroom or kitchen installed, some fixtures on site to be installed by next owner
Total actual rent: 3600
Tenant pays: Hot Water

Price history

Date	Event	Price
1/10/2024	Sold	$359,000-10%$180/sqft
Source: StateWide MLS RI #1347507 Report a problem
12/5/2023	Contingent	$399,000$200/sqft
Source: StateWide MLS RI #1347507 Report a problem
11/6/2023	Listed for sale	$399,000$200/sqft
Source: StateWide MLS RI #1347507 Report a problem