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    130 Water Street Warren, RI 2885

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    For Sale
    $1,800,000

    Legal 8-unit multifamily property with strong NOI and low expenses.

    Type:Commercial
    Added:
    Feb 10, 2026
    Days on Market:
    80
    Last Refresh:
    Apr 25 at 6:22 am

    Property Features for 130 Water Street

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1900

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    Listing Contact
    Robert Fox
    Robert Fox

    Listing agent Robert Fox License #RES.0045429

    Listing office NAI Advisors

    Listing date Feb 10, 2026

    Source Liongatere

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of NAI Advisors


    Overview

    Updated Multifamily Property in Warren

    This legal 8-unit multifamily property is located in Warren and features a strong Net Operating Income (NOI) and very low expenses. The property has been fully updated and includes separate utilities serving up to 10 units. One legal unit is currently vacant, providing an opportunity for a new owner to place their own tenant. The attic must remain as storage or be used as an extension of the 8th unit and may not be converted to an additional unit. There is additional space on the 2nd floor for expansion opportunities on some existing units. All units are occupied by Section 8 tenants. The seller has replaced almost all appliances, meters, and sprinklers, and has fully renovated the units.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Warren
    County
    Bristol
    State
    Rhode Island
    Longitude
    -71.2851775
    Latitude
    41.7328716

    FAQs

    What type of property is this?
    Apartment building - Legal 8-unit multifamily property with strong NOI and low expenses.
    Where is this apartment building located?
    The property is located at 130 Water Street Warren, RI.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: Legal 8‑unit multifamily property.; Strong Net Operating Income (NOI) and very low expenses.; Fully updated property with renovated units.
    More about this property
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