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    7 River Street

    West Warwick, RI 02893
    • $499,999
    • STATUS: Active
    • ON SITE: 25 Days
    • MLS #: 1295136
    UPDATED: 35 min ago
    $499,999
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,200
      SQFT
    • $119
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1920
    County:
    Area:

    School Ratings & Info

    Description

    Private, peaceful and UNIQUE riverfront 6-unit MFM SIX (6) large, bright, clean 1-bedroom units w/private entrances, all w/ big decks overlooking the water consistently fully rented with great tenants! Great curb appeal and well-maintained w/ updates through the years. No smoking and no pets. Convenient location on Warwick line, 2-3 minutes to I-95, CCRI and malls. Each unit has a large kitchen, living room, bedroom, full bath, ceiling fans, AC and deck. Upper two units have skylights. All units have their own separate utilities. Gas heat, gas hot water tanks. 8-spot parking lot provides all tenants with space plus on-street parking allowed (even overnight). Convenient Coin-Op laundry room in basement. Commercial fire alarm inspected semi-annually. Municipal water & sewer - no assessments outstanding. Vinyl windows, vinyl siding, low maintenance. Tenants pay utilities incl HW, electric, gas and internet/cable. Owner pays water. GREAT RENTAL INCOME/CASH FLOW. Currently $5165 MONTHLY INCOME (RENTS plus COIN-OP). CROSS-LISTED - please see MFM Listing MLS #1295130

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    © 2021 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Edge Realty RI are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Edge Realty RI. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-10-27T11:37:40.923.
    www.edgerealtyri.com/homes/122027217
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    7 River Street West Warwick, RI 02893

    • Price: $499,999
    • Status: Active
    • Updated: 35 min ago
    • MLS #: 1295136
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    4,200
    SQFT
    $119
    $/SQFT
    1920
    Built
    Neighborhood:
    Natick
    County:
    Kent
    Area:
    West Warwick
    Property Description
    Private, peaceful and UNIQUE riverfront 6-unit MFM SIX (6) large, bright, clean 1-bedroom units w/private entrances, all w/ big decks overlooking the water consistently fully rented with great tenants! Great curb appeal and well-maintained w/ updates through the years. No smoking and no pets. Convenient location on Warwick line, 2-3 minutes to I-95, CCRI and malls. Each unit has a large kitchen, living room, bedroom, full bath, ceiling fans, AC and deck. Upper two units have skylights. All units have their own separate utilities. Gas heat, gas hot water tanks. 8-spot parking lot provides all tenants with space plus on-street parking allowed (even overnight). Convenient Coin-Op laundry room in basement. Commercial fire alarm inspected semi-annually. Municipal water & sewer - no assessments outstanding. Vinyl windows, vinyl siding, low maintenance. Tenants pay utilities incl HW, electric, gas and internet/cable. Owner pays water. GREAT RENTAL INCOME/CASH FLOW. Currently $5165 MONTHLY INCOME (RENTS plus COIN-OP). CROSS-LISTED - please see MFM Listing MLS #1295130
    Exterior Features

    Foundation Details Concrete PerimeterStone Frontage Length 73 Levels Three Or More Parking Total 10 View Water View YN Yes

    Interior Features

    Basement Full Basement YN Yes Cooling 1 UnitWall Unit(S) Furnished Unfurnished Heating BaseboardGasIndividual

    Property Features

    Business Type Residential Community Features GolfHighway AccessNear HospitalNear SchoolsPublic TransportationRecreation AreaShoppingTennis Court(S)WaterfrontStreet LightsSidewalks Current Use Multi-Family Electric 100 Amp ServiceCircuit Breakers Gross Income 61980 Inclusions Two Coin-Op Washers And Two Coin-Op Dryers in Basement Plus Additional Spares For Parts. Land Lease YN No Laundry Features Common AreaLaundry Room Operating Expense 20335 Owner Pays Common Area MaintenanceExterior MaintenanceGrounds CareHvac MaintenanceRepairsRoof MaintenanceSnow RemovalSewerTaxesTrash CollectionWater Possible Use Multi-FamilyResidential Property Sub Type Commercial Road Frontage Type City Street Road Surface Type AsphaltPaved Security Features Carbon Monoxide Detector(S)Fire AlarmSmoke Detector(S) Sewer ConnectedPublic SewerSanitary Tax Annual Amount 10673 Tax Assessed Value 307600 Tax Lot 47 Tax Year 2021 Tenant Pays Air ConditioningCable TvElectricityGasHeatHot WaterTelephone Utilities Cable AvailableElectricity AvailableNatural Gas AvailableNatural Gas ConnectedMunicipal UtilitiesPhone AvailableSewer ConnectedWater Connected Water Source ConnectedPublic Zoning R6

    Listing information © 2021 State-Wide Multiple Listing Service.
    Listing provided courtesy of Homesmart Professionals.





    © 2021 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Edge Realty RI are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Edge Realty RI. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-10-27T11:37:40.923.
     
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    Edge Realty RI
    1007 Boston Neck Road
    Narragansett RI, 02882