Matt DeMore
28 30 Riverdale Avenue, West Warwick, RI, 02893
1991
This is a great turnkey investment opportunity with a low-maintenance, two-building portfolio totaling 9 units at 28 30 Riverdale Avenue, producing a strong NOI of $123,105. 28 Riverdale is a clean and well-kept duplex tucked toward the back of the lot, offering two 2-bed/1 1/2 -bath units with in-unit laundry, separate utilities, a private deck all overlooking the Pawtuxet River. 30 Riverdale has seven units five 2-bedrooms and two 1-bedrooms and comes with updated features including an up-to-date fire alarm system, lead-safe certificates, and high-efficiency Navien heating systems (installed 2023 & 2024). There's also coin-op laundry in the basement. Tenants cover their own electric, while heat and hot water are included. Both buildings share 14 assigned parking spaces, making this a solid, income-producing property with long-term stability and strong rental appeal.
Status:
Active
Type:
Commercial
Laundry Remarks:
Laundry Room
Units:
0
Zoning:
R6
Complex:
Centreville
Heating:
Baseboard, Gas
Basement:
Full
Parking:
14-car
Est. Taxes:
$14,000
Assessment
$879,000
Permitted Use
Multi-Family,Residential
Utilities
Cable Available,Electricity Available,Natural Gas Connected,Municipal Utilities,Water Connected,Sewer Connected
View Description:
Water
Amenities:
Highway Access, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
Days on Market:
67
MLS #:
1400432
Community Info
School Info
Walk Score
Mass Transit
Yelp
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