Property Description
Fully occupied, lead-certified four-unit investment property generating approximately $7,700 per month ($92,400 annually) in gross rental income. All four units feature 2 bedrooms and 1 bathroom, offering a strong and consistent unit mix with established in-place income. Designed for efficient ownership, tenants are responsible for their own heating expenses, while minimal common areas maximize rentable square footage. Significant recent capital improvements include a new roof, two new driveways, new rear porches, four new hot water heaters, updated kitchens and bathrooms, and replacement windows, helping reduce near-term capital needs. The property is also equipped with a recently tested and certified commercial fire alarm system. Heating systems include a combination of forced hot air and boiler heat. Set on a large lot with ample off-street parking, this property offers an attractive combination of strong current income, low-maintenance ownership and long-term upside. Conveniently located near shopping, dining, highways and area amenities, with continued investment and development occurring nearby. A turnkey opportunity to acquire a stabilized four-unit asset with strong cash flow and substantial improvements already completed.
Property Details 32 Harris Avenue, West Warwick, RI 02893
General
- {{Item.Label}}: {{Item.Value}}
Interior Features
- {{Item.Label}}: {{Item.Value}}
Exterior Features
- {{Item.Label}}: {{Item.Value}}
Additional Features
- {{Item.Label}}: {{Item.Value}}
Schools
- {{Item.Label}}: {{Item.Value}}
Agent Compensation
- {{Item.Label}}: {{Item.Value}}
Financial Considerations
- {{Item.Label}}: {{Item.Value}}
Financial Considerations
- {{Item.Label}}: {{Item.Value}}
Size & Lot
- {{Item.Label}}: {{Item.Value}}
Utilities
- {{Item.Label}}: {{Item.Value}}
Activity
- {{Item.Label}}: {{Item.Value}}
Estimated Monthly Mortgage Calculator
This calculator is provided by Burrow Services, Inc. for informational purposes. You should not make any decisions based simply on the information provided. Values indicated are estimates and may not be accurate and are only to be used as a guide. This calculator should not be relied upon in any way as the sole source of information. Please consult your financial, tax, or legal advisers for an accurate assessment of your mortgage payments and any advice relating to your personal circumstances.