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53 Andrews ST West Warwick, RI 02893
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Key Details
Sold Price $485,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,018 sqft
Price per Sqft $160
MLS Listing ID 1371168
Bedrooms 5
Full Baths 2
Year Built 1900
Annual Tax Amount $5,955
Tax Year 2023
Lot Size 7,797 Sqft
Property Sub-Type Multi Family
Property Description
This well-maintained two-family property offers strong rental income potential, making it an excellent investment opportunity or owner-occupied. The first-floor unit, with its 2 bedrooms, full bathroom, hardwoods, oversized rooms, spacious layout, and front porch, is ideal for tenants/owner seeking comfort and charm. The second-floor unit, with 3 bedrooms, full bathroom, a walk-in closet, hardwoods, lots of storage and updated features, appeals to renters/owner looking for more space. With separate utilities, you can easily pass the utility costs on to tenants, maximizing profitability whether owner occupying or for investment. The move-in-ready condition means you can start generating rental income immediately, while the desirable features like hardwood floors, large yard for entertaining, and updated systems help command competitive rent rates in the market. Additionally, the potential for long-term appreciation further enhances its value as either a rental property or also owner occupied. Subject to seller finding suitable housing.
Location
State RI
County Kent
Zoning R-6
Interior
Heating Baseboard, Gas
Cooling None
Flooring Carpet, Ceramic Tile, Hardwood
Fireplaces Type None
Laundry Common Area
Exterior
Exterior Feature Breezeway
Community Features Golf, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
Utilities Available Sewer Connected
Building
Foundation See Remarks
Sewer Connected
Water Connected
Structure Type Vinyl Siding
New Construction No
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