New Listing - 06/25/2026
32 Harris Avenue, West Warwick, RI, 02893
16 rooms
8 beds
4 Full baths
1910
Stacked, Side By Side
Exceptional opportunity to acquire a fully occupied, lead-certified four-unit multifamily property with strong in-place cash flow and significant recent improvements. All four units feature 2 bedrooms and 1 bathroom, generating approximately $7,500 per month ($90,000 annually) in gross rental income. 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. The property is equipped with a commercial fire alarm system that has been recently tested and certified, providing peace of mind for investors. Heating systems include a combination of forced hot air and boiler heat, with tenants responsible for their own heating expenses. Designed with efficiency in mind, the building offers minimal common area and excellent rentable square footage utilization. Situated on a large lot, the property also benefits from ongoing neighborhood investment, including a new townhome development currently under construction just down the street on Harris Avenue. A turnkey investment opportunity offering strong current returns, low-maintenance ownership, and long-term upside.
Status:
Active
Type:
Multi-family
Laundry Remarks:
Common Area
Units:
4
Zoning:
R-8
Frontage:
102
Subdivision:
West Warwick
Garage:
No Garage
Heating:
Baseboard, Forced Air, Propane, Oil
Cooling:
None
Basement:
Full, Interior Entry, Unfinished
Parking:
8-car
Acreage:
0.4
Est. Taxes:
$7,024
Assessment
$491,500
Construction
Drywall,Vinyl Siding
Utilities
Sewer Connected
Amenities:
Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
Appliances:
Dishwasher, Electric Water Heater, Gas Water Heater, Oven, Range
MLS #:
1416180
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Serhant Rhode Island 401-382-0600