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    656 Providence St West Warwick, RI 02893

    New
    Picture of Apartment buildings at Providence St 656, West Warwick, RI
    For Sale
    $559,900

    Commercial - West Warwick, RI

    Days on Market:
    2
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 656 Providence St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking
    8
    Exterior features
    Downtown

    Building Details

    Year built
    1935
    Number of units
    1
    Architectural style
    Other

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

    Listing agent Robert Rinn (401) 884-6050

    Listing date Dec 4, 2025

    MLS# 1389925 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

    West Warwick Multifamily Investment Opportunity

    This property in West Warwick, Rhode Island, features six residential rental units, including four 2-bedroom units and two 1-bedroom units. The building has a total area of 3,444 square feet. It has a strong rental history, recently converted to residential use. Currently, four units are rented, generating $4,400 in income. The remaining two units are vacant following renovation, with a projected rental income of $2,700. The total potential rental income is $7,100. All utilities are separately metered.
    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 Building Supply Gym & Fitness Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    West Warwick
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.492582
    Latitude
    41.718397

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    FAQs

    What type of property is this?
    Apartment building - Six residential units with strong rental history and income potential.
    Where is this apartment building located?
    The property is located at 656 Providence St West Warwick, RI.
    What is the asking price?
    The asking price for this property is $559,900.
    What are key features of this property?
    This property features: - Projected total rental income of $7,100.; - Six residential rental units: Four **2-bedroom** and Two **1-bedroom**.; - Utilities are completely separated.
    (401) 884-6050
    Request Owner's contact information
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    West Warwick, RI 02893
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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
    656 Providence St West Warwick, RI 02893
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