32 Harris Avenue
West Warwick, RI 02893
Beds
8
Baths
4
Square Ft.
2,979
$815,000
Fully occupied, lead-certified four-unit investment property generating approximately $7,700 per month ($92,400 annually) in gross rental income. All four units feature 2 bedrooms and 1 bathroom, offering a strong and consistent unit mix with established in-place income. Designed for efficient ownership, tenants are responsible for their own heating expenses, while… Read More minimal common areas maximize rentable square footage. Significant recent capital improvements include a new roof, two new driveways, new rear porches, four new hot water heaters, updated kitchens and bathrooms, and replacement windows, helping reduce near-term capital needs. The property is also equipped with a recently tested and certified commercial fire alarm system. Heating systems include a combination of forced hot air and boiler heat. Set on a large lot with ample off-street parking, this property offers an attractive combination of strong current income, low-maintenance ownership and long-term upside. Conveniently located near shopping, dining, highways and area amenities, with continued investment and development occurring nearby. A turnkey opportunity to acquire a stabilized four-unit asset with strong cash flow and substantial improvements already completed. Read Less
Courtesy of SERHANT..
Listing Snapshot
Days Online
125
Last Updated
Property Type
MultiFamily
Beds
8
Full Baths
4
Square Ft.
2,979
Lot Size
0.4 Acres
Year Built
1910
MLS Number
1416180
Additional Details
Property Access
Frontage Length: 102
Appliances & Equipment
Dishwasher, ElectricWaterHeater, GasWaterHeater, Oven, Range
Basement
Full, InteriorEntry, Unfinished
Building
Built in 1910, 1 building, 2 stories, Construction Materials: Drywall, VinylSiding
Community
HighwayAccess, NearHospital, NearSchools, PublicTransportation, RecreationArea, Restaurant, Shopping, TennisCourts
Cooling
None
Expenses
Operating: $5,500
Exterior Features
PavedDriveway
Fireplaces
None
Floors
CeramicTile, Hardwood, Vinyl
Foundation
ConcretePerimeter
Heating
Baseboard, ForcedAir, Propane, Oil
Interior Features
InteriorSteps, TubShower
Laundry
CommonArea
Lot
0.4 acres
Parking
8 total parking spaces, NoGarage
Sewer
Connected, PublicSewer
Taxes
Parcel Number: 32HARRISAVWWAR, Annual Amount: $7,024, Assessed Value: $491,500, Lot: 171, Map Number: 4, Year: 2025, Zoning: R-8
Utilities
SewerConnected, Water Source: Connected, Public, Amps100, CircuitBreakers, SeparateMeters
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Albert Hajdaraj
Real Estate Agent

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The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by other brokerage firms are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information herein is deemed reliable but not guaranteed.

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