SoldNov 4, 2022

Listed by Eric Ouhrabka

Bought with Frank Moreau from MGM Realty Corporation

Source: State Wide MLS of Rhode Island, Inc. #1285397

403 Commonwealth Avenue, Warwick, RI, 02886

$400,000

6
5
15
6208 sq. ft.
47916 sq. ft.

MultiFam

30+ days on the market

Sold: Nov 4, 2022

What's around 403 Commonwealth Avenue

About this property

At one point in history this was only the 2nd Stagecoach Stop! Now it is a unique investment opportunity to own 3 units, all with tenants, in 2 houses on 1 piece of corner property in the heart of Warwick. Situated at the foot of the hill to Toll Gate High School and diagonally across from the back entrance to CCRI, this spot is centrally located and a short walk to shopping at Bald Hill Road. All 3 tenants have expressed interest in renewing/extending their leases with a new owner, making this a sound investment. 2 of the 3 units have recently been updated. The owner needs to sell quickly, and has priced the listing below market value in hopes of moving the property quickly.

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Similar property sold nearby

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Listing courtesy of REMAX Real Estate Center | Coventry and Westcott Properties, Inc.

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