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1497 Centerville Rd Warwick, RI 02886

For Sale
$629,900

COMMERCIAL - Warwick, RI

Lot size:
0.64 Acres
Days on Market:
89
Last Refresh:
Dec 13 at 4:06 pm

Property Features for 1497 Centerville Rd

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Parking
12
Lot size
0.64 Acres

Building Details

Year built
1925

Davelen, Inc., dba RE/MAX Professionals (401) 884-6050 [email protected]

Listing agent Robert Rinn (401) 633-5788

Listing date Sep 16, 2025

Copyright © 2025 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Warwick Multifamily Investment Opportunity

This property features five units spread across two buildings, situated on approximately 0.64 acres of land. The front building contains two units: one two-bedroom unit and one four-bedroom unit that requires renovation. The rear building houses three two-bedroom units. The property currently generates $5,800 in rental income, with the four-bedroom unit vacant. The potential market rent is estimated at $7,400. All units have separate utilities.
Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Warwick
County
Kent
State
Rhode Island
Longitude
-71.515025
Latitude
41.696494

FAQs

What type of property is this?
Apartment building - Five units across two buildings on nearly an acre.
Where is this apartment building located?
The property is located at 1497 Centerville Rd Warwick, RI.
What is the asking price?
The asking price for this property is $629,900.
What are key features of this property?
This property features: - 5-unit property on nearly an acre of land; - Potential to increase rental income to $7,400; - Two buildings: one with two units, the other with three units
More about this property
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