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    21 Federal St Warren, RI 02885

    For Sale
    $1,250,000

    MULTI_FAMILY - Warren, RI

    Type:Apartment
    Lot size:
    0.81 Acres
    Days on Market:
    91
    Last Refresh:
    Dec 13 at 4:06 am

    Property Features for 21 Federal St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Active
    Zoning
    R6
    Rooms
    Bedroom 3, Bedroom 6, Bathroom 5, Bathroom 3, Bathroom 6, Bedroom 1, Basement, Bathroom 4, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 7, Bedroom 4, Bedroom 2
    Bedrooms
    7
    Bathrooms
    6
    Parking
    10
    Patio and Porch features
    Porch
    Interior features
    Plumbing (Mixed)
    Exterior features
    Porch
    Lot size
    0.81 Acres

    Utilities

    Heating system
    Oil, Natural Gas, Baseboard
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1850
    Floors in Building
    3
    Number of units
    4
    Flooring type
    Tile - Ceramic, Hardwood
    Building materials
    Wood

    RE/MAX River's Edge (401) 245-2000 [email protected]

    Listing agent Michelle Cartwright (401) 663-5677

    Listing date Sep 14, 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

    Historic Warren Multifamily Investment

    This six-unit multifamily property, known as the Bosworth Mansion (circa 1850), is a mid-19th century Greek Revival landmark situated in the heart of Warren, RI, within Warren's Waterfront Historic District. The property is set on a 0.81-acre lot and is a short walk to Belcher Cove, Main Street, and Water Street. The building features original architectural details and abundant natural light. The unit mix includes 2 one-bedroom units, 3 one-bedroom units with a flex room suitable for an office or guest space, and a 2-bedroom unit on the third floor. Additional features include a one-car garage with potential for expansion, fire-code compliance, coin-operated laundry in the basement, and generous storage space. Condo conversion or the building of additional garages or units may be a possibility, subject to proper approvals. The location is walkable to the East Bay Bike Path, Main Street shops, and the Water Street district with cafes, restaurants, and boutiques, plus a short distance to the new Fall River train station with commuter service to Boston and Providence. The property is zoned R6.
    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
    Warren
    County
    Bristol
    State
    Rhode Island
    Longitude
    -71.279753
    Latitude
    41.731378

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    FAQs

    What type of property is this?
    Apartment building - Historic 6-unit multifamily property in Warren's Waterfront Historic District.
    Where is this apartment building located?
    The property is located at 21 Federal St Warren, RI.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - Landmark 6-unit Greek Revival mansion (circa 1850) in Warren's Waterfront Historic District.; - Rare .8-acre lot within walking distance to Belcher Cove, Main Street, and Water Street.; - Diverse unit mix: 2 one-bedroom, 3 one-bedroom with flex space, and a 2-bedroom unit.
    (401) 663-5677
    Request Owner's contact information
    21 Federal St Warren, RI 02885
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    Warren, RI 02885
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    21 Federal St Warren, RI 02885
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