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    1055 Main Street

    West Warwick, RI 02893
    • $699,000
    • STATUS: Active
    • ON SITE: 17 days
    • MLS #: 1287315
    UPDATED: 39 min ago
    $699,000
    • 6
      BEDS
    • 0.44
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 19,296
      SQFT
    • $36
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1860
    County:
    Area:

    School Ratings & Info

    Description

    Six unit Multi-family property with 9 detached garage bays. Property fronts on three streets: Main St., Kenyon St. which is a dead-end, and Youngs Ave. Property has been well maintained with on-going updates. Currently oil is used to fuel two heating systems while Natural Gas is available and a lateral runs into the property. Tenants pay electric, Landlord pays for 4 of the 6 units hot water, sewer, taxes and insurance. Unit 1 tenants pay for fuel (oil) and Unit 6 pays electric heat as well. Building consists of 3- 1 bedroom und 3- 2 bedroom units. All tenants are on leases. Unit 1 & 2 have private entrances. 7 garages are located behind 1055 Main St and 2 are located on Youngs Ave. No utilities service the garages. Sewer assessment is paid in full. Roof on the 6 unit was replaced in 2019. Building is fire alarmed and inspected semi-annually. The property is connected to municipal water & sewer with no assessments outstanding. Unit 2 was renovated this year. Unit 1's kitchen was updated in 2020. Range in Unit 3 does not convey. Units 1 and 3 have laundry hookups. A laundromat facility is conveniently located 1/4 mile away on Main St. Three lots convey in Plat 4, lots 85, 163, & 294. Seller is doing a 1031 exchange.

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    © 2021 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Nicholas Taylor Real Estate Group are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicholas Taylor Real Estate Group. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-07-24T10:37:36.747.
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    1055 Main Street West Warwick, RI 02893

    • Price: $699,000
    • Status: Active
    • Updated: 39 min ago
    • MLS #: 1287315
    6
    Beds
    4
    Baths
    0
    ½ Baths
    0.44
    Acres
    19,296
    SQFT
    $36
    $/SQFT
    1860
    Built
    Neighborhood:
    Riverpoint
    County:
    Kent
    Area:
    West Warwick
    Property Description
    Six unit Multi-family property with 9 detached garage bays. Property fronts on three streets: Main St., Kenyon St. which is a dead-end, and Youngs Ave. Property has been well maintained with on-going updates. Currently oil is used to fuel two heating systems while Natural Gas is available and a lateral runs into the property. Tenants pay electric, Landlord pays for 4 of the 6 units hot water, sewer, taxes and insurance. Unit 1 tenants pay for fuel (oil) and Unit 6 pays electric heat as well. Building consists of 3- 1 bedroom und 3- 2 bedroom units. All tenants are on leases. Unit 1 & 2 have private entrances. 7 garages are located behind 1055 Main St and 2 are located on Youngs Ave. No utilities service the garages. Sewer assessment is paid in full. Roof on the 6 unit was replaced in 2019. Building is fire alarmed and inspected semi-annually. The property is connected to municipal water & sewer with no assessments outstanding. Unit 2 was renovated this year. Unit 1's kitchen was updated in 2020. Range in Unit 3 does not convey. Units 1 and 3 have laundry hookups. A laundromat facility is conveniently located 1/4 mile away on Main St. Three lots convey in Plat 4, lots 85, 163, & 294. Seller is doing a 1031 exchange.
    Exterior Features

    Construction Materials PlasterShingle SidingWood Siding Covered Spaces 9 Exterior Features PorchPaved Driveway Foundation Details Stone Frontage Length 11966 Garage YN Yes Lot Features Corner LotMultiple Lots Parking Features DetachedGarage Parking Total 16 Patio And Porch Features PorchScreened

    Interior Features

    Appliances Common Water HeaterOvenOil Water HeaterRangeRefrigeratorWater Heater Basement FullInterior EntryUnfinished Basement YN Yes Cooling None Fireplace Features None Fireplace YN No Fireplaces Total 0 Flooring Ceramic TileHardwoodLaminateParquetVinylCarpet Heating BaseboardElectricOil Interior Features AtticTub Shower

    Property Features

    Association Fee 0 Attached Garage YN No Community Features GolfNear SchoolsPublic TransportationShopping Electric Circuit Breakers220 Volts Land Lease YN No Laundry Features In Unit Operating Expense 26876 Property Sub Type Multi Family Senior Community YN No Sewer None Tax Annual Amount 11269 Tax Assessed Value 338100 Tax Lot 16329485 Tax Year 2021 Utilities Sewer Not AvailableWater Connected Water Source ConnectedPublic Zoning B & R-8

    Listing information © 2021 State-Wide Multiple Listing Service.
    Listing provided courtesy of Keller Williams Realty.





    © 2021 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Nicholas Taylor Real Estate Group are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicholas Taylor Real Estate Group. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-07-24T10:37:36.747.
     
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    Nicholas Taylor Real Estate Group
    908 Reservoir Avenue
    Cranston RI, 02910