Exciting Opportunity to Invest in a Turnkey 5-Family Gem. This unique property consists of two buildings on one lot, offering a total of five apartments. The first building features three apartments, each with three bedrooms. The second building is a two-family property with two bedrooms in each apartment. All apartments have been meticulously updated from top to bottom, boasting beautiful hardwood floors, bright finishes, updated electrical, windows, plumbing, and more. Additionally, each apartment has certificate of lead conformance. One of the key highlights of this property is that all utilities are separated, providing convenience and ease of management. Furthermore, each apartment home is equipped with washer/dryer hookups in the basement. The property also includes a massive 2-car garage and workshop, offering the potential to increase rental income. The attic space in the garage presents an opportunity for further expansion, with limitless possibilities. In addition to these features, the property offers off-street parking and the apartments are currently rented below market price, presenting a great opportunity for increased revenue. This property presents a remarkable opportunity and is primed for the ideal investor.
Duplex is Downtown Warren with 4 bedrooms in each apartment! The house brings in just over $5,000 in monthly rent! Each Unit has its own driveway and its own Basement. Walk to restaurants. One unit was newly renovated and is Currently empty, the new Renter is supposed to move in before the end of the month. The other unit is rented and was renovated around 5 years ago. Call today!
Warren is located in Rhode Island. Warren, Rhode Island has a population of 11,166. Warren is less family-centric than the surrounding county with 21.06% of the households containing married families with children. The county average for households married with children is 33.25%.
The median household income in Warren, Rhode Island is $75,755. The median household income for the surrounding county is $95,102 compared to the national median of $69,021. The median age of people living in Warren is 47.6 years.
The average high temperature in July is 82.1 degrees, with an average low temperature in January of 21 degrees. The average rainfall is approximately 48 inches per year, with 33.1 inches of snow per year.