30 Potter Avenue West Warwick, RI 02893
MULTI_FAMILY - West Warwick, RI
Property Features for 30 Potter Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Bedrooms
- 10
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 6, Bathroom 1, Bathroom 4, Bedroom 3, Bedroom 7, Basement, Bedroom 10, Bathroom 3, Bedroom 5, Bedroom 8, Bedroom 9, Bathroom 2
- 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 Under Contract
- 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, Natural Gas, Space Heater, Baseboard
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.
Investment Insights
Based on property information with market context.
Key Highlights
- 6‑unit apartment house with off‑street parking and garage parking
- Updated electrical and fire systems
- Lead certificates available for all units
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 |
