|
|
Don't miss this exceptional opportunity to own a well-maintained side-by-side two-family duplex perfectly suited for both savvy investors and owner-occupants seeking strong value and versatility. Each unit offers 1, 300 square feet of thoughtfully designed living space across two levels, featuring 3 bedrooms and 1 full bath. Both residences include separate utilities, dual private entrances, and exclusive basement access (interior and exterior), complete with private in-unit laundry. The property is currently occupied by good standing long term tenants on below-market, month-to-month leases providing immediate income with significant upside potential and flexibility for future occupancy or rent adjustments. Situated on a spacious corner lot, the property boasts a large wooded backyard, two private porches, and ample off-street parking. Interior highlights include hardwood flooring throughout, replacement windows, and key mechanical updates such as a newer roof and boiler. Ideally located just over the Warwick/West Warwick line, this property offers convenient access to Bald Hill Road's retail and dining amenities, as well as easy connectivity to Route 95. A rare find in today's market whether you're looking to expand your portfolio or secure a multi-family home with income potential, this property delivers on location, layout, affordability and long-term value.
Copyright © 2026 State-Wide MLS, Inc. All rights reserved.Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$485,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $388,000 | $388,000 | $388,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.730% |
| Monthly Tax Payment | $542 | $542 | $542 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,324 | $2,421 | $3,168 |
| Total Monthly Payment | $2,941 | $3,038 | $3,785 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.