$549,999
Active
5 Days Online
5 Beds4 Baths4,800 SQFT
Active

206 Reynolds Avenue Warwick, RI 02889

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Welcome to your next investment opportunity! This charming 3 unit multifamily property is located in a quiet and desirable neighborhood, just steps away from the water. With great cash flow potential, this property is a dream for any savvy investor. Unit 2 current rent is $1600, unit 3 rent is $800 plus unit 1's market rent is $1800(vacant currently) The main house features two spacious units: Unit 1 boasts 2 bedrooms and 1 bathroom, while Unit 2 offers 2 bedrooms and 1.5 bathrooms. Both units are perfect for tenants seeking comfortable living spaces with plenty of natural light. But that's not all this property also includes a separate cottage on the lot, providing additional rental income potential. The cottage is a cozy studio with its own entrance, making it the ideal space for renters looking for privacy. Imagine owning an investment property where you can relax by the water and watch your profits roll in. With its prime location and multiple rental options, this home offers endless possibilities for lucrative returns. Don't miss out on this incredible opportunity to invest in both comfort and income potential. Schedule a showing today before it's too late!

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyKent
  • Taxes$6,441
  • HOA/Condo/Coop Fees$0
  • Days on Site5 Days
  • MLS StatusActive
  • MLS ID Number1369206
  • Home Size Source Public Records
  • Year Built1940
  • Lot Size0.1102 Acres
  • Full Baths3
  • Partial Baths1

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General Features

  • Construction Vinyl Siding
  • Parking No Garage
  • Parking Spaces 6
  • Electric 100 Amp Service
  • Basement FullUnfinishedWalk Out Access
  • Number of Stories 0
  • Acreage 0.1102
  • Property Sub Type Multi Family
  • Garage Spaces 0
  • Utilities Sewer Connected

Interior Features

  • Cooling Window Units
  • Heating BaseboardGas
  • Appliances Gas Water Heater
  • Flooring Vinyl
  • Fireplaces 0
  • Fireplace No

Community Features

  • Senior Community No

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Monthly Payment (Est.)

$2,661
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