1 Ferreira Ct West Warwick, RI 02893
Listing Courtesy of: MLS PIN / Premier Realty Group Lexington / Won Ra

  1 Ferreira Ct West Warwick, RI 02893

Active (72 Days)
$949,000
10
BED
6
BATH
5,152
SQFT

Description

Sat & Sun, Oct 12th &13th @ 1 PM - 3 PM. Don't miss out on this extremely rare opportunity to own a 6-Unit Multi that holds incredible potential for the right investor, developer, or buyer! These two separate properties, located on the same lot, consist of Two (2 Bdrm/1 Bath) and One (1 Bdrm/1 Bath) each, making it a total of 6 units. There is currently one very sizable storage area for each property, which can easily be converted into an additional unit, to renovate into 8 total units. Current rents are right under $100k, but all are well under market rate and possess tremendous upside. Plenty of desired parking, as 14 total spaces are available. Gain additional income through coin-op washing machines in each basement. Landlord pays for all utilities, excluding wifi/cable, so separating each utility lines would also be a viable option for the new owner. Time to put your creativity to use, as there are abundant ways to max out your potential earnings with this absolute gem.

MLS #:
73301193
Taxes
$14,974(2024)
Lot Size
0.57 acres
Type
Multifamily
Year Built
1989
County
Kent County

Listed By

Won Ra, Premier Realty Group Lexington
Source
MLS PIN
Last checked Dec 22 2024 at 5:25 AM EST
Bathroom Details
Property Features
  • Fireplace: 0
  • Foundation: Concrete Perimeter
Basement Information
  • Unfinished
Exterior Features
  • Roof: Shingle
Utility Information
  • Utilities: Water: Public
  • Sewer: Public Sewer
Parking
  • Total: 14
  • Common
  • Off Street
  • Paved Drive
Stories
  • 9
Living Area
  • 5,152 sqft
Location
   
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