206 Reynolds Avenue, Warwick, Residential Income

$ 549,999
206 Reynolds Avenue,
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Overview

  • Updated On:
  • November 16, 2024
  • 5 Bedrooms
  • 4 Bathrooms

Description

Welcome to your next investment opportunity! This charming 3 unit multifamily property is located in a quiet and desirable neighborhood, just steps away from the water. With great cash flow potential, this property is a dream for any savvy investor. Unit 2 current rent is $1600, unit 3 rent is $800 plus unit 1’s market rent is $1800(vacant currently)
The main house features two spacious units: Unit 1 boasts 2 bedrooms and 1 bathroom, while Unit 2 offers 2 bedrooms and 1.5 bathrooms. Both units are perfect for tenants seeking comfortable living spaces with plenty of natural light.
But that’s not all – this property also includes a separate cottage on the lot, providing additional rental income potential. The cottage is a cozy studio with its own entrance, making it the ideal space for renters looking for privacy.
Imagine owning an investment property where you can relax by the water and watch your profits roll in. With its prime location and multiple rental options, this home offers endless possibilities for lucrative returns.
Don’t miss out on this incredible opportunity to invest in both comfort and income potential. Schedule a showing today before it’s too late!

Address: 206 Reynolds Avenue
City:
State/County:
Zip: 02889
Country: US
Open In Google Maps
Property Id : 386079
Price: $ 549,999
Property Lot Size: 0 ft2
Rooms: 13
Bedrooms: 5
Bathrooms: 4
Basement: Full,Walkout,Unfinished
Bathrooms Half: 1
Bathrooms Total Decimal: 3.5
Bridge Modification Timestamp: 2024-11-16T19:33:22.401Z
Building Area Total: 4800
Construction Materials: Vinyl Siding
Contract Status Change Date: 2024-09-21
Cooling: Window Unit(s)
Covered Spaces: 0
Electric: 100 Amp Service
Fireplaces Total: 0
Flooring: Vinyl
Garage Spaces: 0
Heating: Natural Gas,Baseboard
List Agent Direct Phone: 401-567-6666
List Agent Email: home@vincentding.com
List Agent Full Name: Zhiyu Ding
Listing Contract Date: 2024-09-21
Listing Id: 1369206
Living Area Source: Public Records
Living Area Units: Square Feet
Lot Size Area: 4800
Lot Size Square Feet: 4800
Lot Size Units: Square Feet
Mls Status: Active
Modification Timestamp: 2024-11-16T19:30:03.980Z
Number Of Buildings: 2
Number of Units Total: 3
Original Entry Timestamp: 2024-09-21T14:38:28.913Z
Original List Price: 549999
Parking Features: No Garage
Parking Total: 6
Sewer: Connected
State or Province: RI
Status Change Timestamp: 2024-09-21T14:38:28.913Z
Street Name: Reynolds
Street Number: 206
Street Suffix: Avenue
Structure Type: Up/Down
Tax Annual Amount: 6441
Tax Year: 2023
Water Source: Connected
Year Built: 1940
Other Features
Gas Water Heater
Has Cooling System
Has Heating System
Property Attached
$ 2,132.45
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,132.45

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Alyse Antone Smyth, Esq.