New Listing - 05/22/2026
89 Adelaide Avenue, Warwick, RI, 02886
8 rooms
4 beds
4 Full baths
1890
Stacked, Side By Side
Exceptional investment and redevelopment opportunity in a prime Warwick location west of Route 2. Situated on an oversized approximately 20,000 SF lot in A-7 zoning, this legal 4 unit property currently consists of four 1-bedroom units with strong upside potential. Two units are in very good condition. One unit has been fully gutted and requires complete renovation (sold as-is), offering investors/developers the opportunity to add immediate value through improvements. The oversized lot and zoning create multiple possibilities for future optimization, including the potential lot separation, additional building(s), new single-family and/or multifamily development opportunities (subject to city approvals). Conveniently located near shopping, dining, highways, TF Green Airport, and major amenities, this property combines strong location fundamentals with long-term development potential. Rare opportunity for investors, builders, or owner-operators seeking immediate value and future expansion possibilities in one of Warwick's most accessible neighborhoods. Three of the units are occupied, please provide notice when requesting a showing. All units have Lead Certs.
Status:
Active
Type:
Multi-family
Units:
4
Zoning:
A7
Frontage:
200
Subdivision:
west of Rte 2
Garage:
No Garage
Heating:
Baseboard, Central, Gas, Hot Water, Oil
Cooling:
None
Basement:
Full, Unfinished
Parking:
4-car
Acreage:
0.47
Est. Taxes:
$5,605
Assessment
$441,300
Construction
Drywall,Plaster,Vinyl Siding
Utilities
Sewer Connected
Amenities:
Golf, Highway Access, Near Hospital, Public Transportation, Restaurant, Shopping
Appliances:
Oven, Range, Refrigerator, Tankless Water Heater, Water Heater
MLS #:
1413307
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Compass 401-274-1644