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    403 Commonwealth Ave Warwick, RI 02886

    Pending
    For Sale
    $550,000

    Apartment,Multi Family - Warwick, RI

    Property size:
    5,232 SF
    Lot size:
    1.10 Acres
    Days on Market:
    158
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 403 Commonwealth Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    Bathrooms
    5
    Parking
    5
    Size
    5,232 SF
    Lot size
    1.10 Acres

    Utilities

    Heating system
    Baseboard

    Building Details

    Year built
    1865
    Number of units
    3
    Flooring type
    Laminate
    Building materials
    Aluminum Siding
    Architectural style
    Other

    Century 21 Limitless (508) 726-3492 [email protected]

    Listing agent Kyle Seyboth (508) 567-3468

    Listing date Jul 1, 2025

    MLS# 1375228 Listing URL

    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

    Two Homes on One Lot

    This property features two homes on a single 1.1-acre lot, presenting a unique residential opportunity suitable for investors or multi-generational living. The property, totaling 5,232 square feet, is located in Warwick, Rhode Island. Both homes can be delivered vacant, offering flexibility for customization. The property requires renovation and upgrades, presenting an opportunity to create customized homes or rental units. Its location provides convenient access to amenities, schools, and major highways. The property offers the potential to be transformed into modern residences or generate rental income.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Warwick
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.484872
    Latitude
    41.708113

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    FAQs

    What type of property is this?
    Apartment building - Two homes on one lot, great location, tons of potential!
    Where is this apartment building located?
    The property is located at 403 Commonwealth Ave Warwick, RI.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Two Homes on One Lot: Ideal for multi-generational living or investment.; - Delivered Vacant: Offers flexibility for immediate renovation and customization.; - Great Location: Easy access to amenities, schools, and major highways.
    (508) 567-3468
    Request Owner's contact information
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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
    403 Commonwealth Ave Warwick, RI 02886
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