206 Reynolds Avenue

Warwick RI 02889

4800 sq. ft.

Multi-Family

Last sold for $500,000

Zhiyu Ding, last sold this property on 30 January 2026 after 436 days on market.

Overview

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. 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!Please note that the vacant lot situated behind the property does not belong to this property.

Features

5 bedrooms

4 bathrooms

6 carspaces

4800 sq. ft. floor area

4800 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar 5 bedroom multi families sold in Warwick over the last 12 months, the estimated median property value of 206 Reynolds Avenue is $495k.

Median value

$495k

Estimated value range

$465k - $640k

Median days on market

Estimated value trend

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Warwick. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.