Pending
$479,900

18 Warwick Neck Avenue UNIT 16, 20
Warwick, RI 02889

Multi-Family
Residential Income
3
Beds
2
Baths
+
1 Half
2,214
Sq. Ft.
0.28
Acre Lot
RILiving> Rhode Island> Warwick> 02889
Attention savvy investors and business owners! This mixed-use property includes a 2214 sq.ft. 2-Family and a 924 sq. ft. commercial building on a 1/4 acre lot with frontage on two streets. For the business owner, this high-visibility location at the top of Warwick Neck Avenue offers great exposure to the Warwick Neck community and beyond. Ideas include a florist, landscaper, ice cream shop, salon and more - buyer to verify/conduct their due diligence. For the investor, new housing legislation presents the opportunity to convert the commercial building into a third residential unit. The two-family has lengthy rental history and a long-term, month-to-month tenant on the second-floor which could be converted into a two-bedroom unit. Interior highlights include high ceilings that add a sense of volume to the living spaces, a living room fireplace on the first-floor and hardwood floors throughout. The commercial building is a blank canvas that has been updated with 200-amp electrical service, has an operational cooler, and a lavette. The property is connected to sewers with no outstanding assessment, utilities are separate, and the roof is young on both buildings. Whether you're looking for a project to re-develop and maximize its earning potential, a great location for your business, or an owner-occupant in search of a solid home that generates good income, this could be it!

Courtesy: Williams & Stuart Real Estate

1354537
Residential Income - Multi-Family, Other
3
2 Full/1 Half
1885
Kent
0.28 Acres
Wood Siding
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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