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  • $1,194,950

    109 Market St, Warren, RI 02885

    13beds
    5,715sqft
    Multi Family
    Built in 1920
    -- sqft lot
    $1,195,000 Zestimate®
    $209/sqft
    $-- HOA

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: April 11, 2025 at 10:31am

    Listed by:

    Tiffany Sousa 401-286-6159,

    William Raveis Inspire

    Bought with:

    Spectrum Real Estate Consultants Team

    Keller Williams Leading Edge

    Source: StateWide MLS RI,MLS#: 1373579MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 13
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Natural Gas, Baseboard
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater
    • Laundry: In Building
    Features
    • Flooring: Ceramic Tile, Hardwood
    • Basement: Full,Interior and Exterior,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 5,673
    • Total interior livable area: 5,715 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Detached
    • Garage spaces: 2
    Features
    • Stories: 3
    Lot
    • Size: 7,405 sqft
    Details
    • Parcel number: WARRM9L34
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Utilities for property: Sewer Connected, Water Connected

    Community & neighborhood

    Location
    • Region: Warren

    HOA & financial

    Other financial information
    • Total actual rent: 8400
    Services availability
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