Under contract

Active Under Contract

109 Market Street

Warren RI, 02885

$1,260,000


$222.10 per sqft

Under contract

Active Under Contract

13 Beds

5 Baths

5,673 sqft

Multi-family

Built in 1920

Exciting Opportunity to Invest in a Turnkey 5-Family Gem.
This unique property consists of two buildings on one lot, offering a total of five apartments.
The first building features three apartments, each with three bedrooms. The second building is a two-family property with two bedrooms in each apartment. All apartments have been meticulously updated from top to bottom, boasting beautiful hardwood floors, bright finishes, updated electrical, windows, plumbing, and more. Additionally, each apartment has certificate of lead conformance.
One of the key highlights of this property is that all utilities are separated, providing convenience and ease of management. Furthermore, each apartment home is equipped with washer/dryer hookups in the basement. The property also includes a massive 2-car garage and workshop, offering the potential to increase rental income. The attic space in the garage presents an opportunity for further expansion, with limitless possibilities. In addition to these features, the property offers off-street parking and the apartments are currently rented below market price, presenting a great opportunity for increased revenue. This property presents a remarkable opportunity and is primed for the ideal investor.

1373579

MLS ID

November 29, 2024

Listed

December 19, 2024

Updated

Map

109 Market Street
Warren RI, 02885

Interior Features

Total Stories

3


Bedrooms

13


Total Bathrooms

5


Full Bathrooms

5


Appliances

Gas Water Heater


Laundry Description

Common Area


Floor Description

Ceramic Tile, Hardwood


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Baseboard, Gas

Exterior/Building Features

Lot Size

0.17 Acres


Sewer

Connected

Other Property Details

Taxes

$9,748


Tax Frequency

Annually


Days on Market

19


Garage

Yes


Garage Spaces

2


Parking

Detached, Garage


Parking Total

8


View

No


County

Bristol


Water Source

Connected


Pool

No

Listing History

Date

Event

Price

12/19/2024

Under contract

 

Courtesy of William Raveis Inspire

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

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Data last updated 2:11 AM UTC, 12/19/2024.

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