30 Potter Avenue, West Warwick, RI 02893
MULTI_FAMILY - West Warwick, RI
- Added:
- Dec 2, 2025
- Days on Market:
- 207
- Last Refresh:
- Jun 27 at 1:06 pm
Property Features for 30 Potter Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Bedrooms
- 10
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bedroom 6, Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 3, Bedroom 10, Bathroom 3, Bathroom 4, Bedroom 7, Bedroom 9, Bathroom 1, Bedroom 8, Bedroom 2, Basement
- Parking
- 12
- Parking features
- Garage
- Patio and Porch features
- Deck
- Interior features
- Wall (Dry Wall), Wall (Paneled), Plumbing (Mixed)
- Exterior features
- Deck
- Basement
- Full, Unfinished, Storage Space
- Appliances
- Gas Water Heater, Oven/Range, Refrigerator
- Standard status
- Active
- Size
- 4,679 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 13321
Utilities
- Heating system
- Forced Air, Baseboard, Space Heater, Natural Gas
Building Details
- Year built
- 1900
- Floors in Building
- 3
- Number of units
- 4
- Flooring type
- Laminate, Tile - Ceramic
- Building materials
- Dry Wall, Paneled, Vinyl Siding
Listing agent John Kidd (401) 383-4400
Listing office Blackstone/Ocean Properties 931 Jefferson Blvd. Ste. 2006, Warwick, RI (401) 383-4400
Listing date Dec 2, 2025
Copyright © 2026 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.
HighLights
- 6‑unit apartment building: Strong investment opportunity with multiple income streams.
- Individual utilities: Each unit has separate heat, electrical, and storage, appealing to tenants and simplifying management.
- Washer/dryer hookups in each unit: Highly desirable amenity for tenants.
- Updated systems: Electrical and fire systems have been updated, reducing potential maintenance costs.
- Off‑street parking: Valuable amenity for tenants, especially in urban areas.
- Lead certificates available: Ensures compliance and safety for tenants.
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $121.8k | $26.04 |
| − Vacancy | −$8.3k | −$1.77 |
| EGI | $113.6k | $24.27 |
| − OpEx | −$51.1k | −$10.92 |
| NOI | $62.5k | $13.35 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- West Warwick
- County
- Kent
- State
- Rhode Island
- Longitude
- -71.524524
- Latitude
- 41.709768
