33 Home, West Warwick, RI 02893
Six-unit multifamily property ready for immediate sale.
- Added:
- Feb 12, 2026
- Days on Market:
- 135
- Last Refresh:
- Mar 16 at 11:03 am
Property Features for 33 Home
General Information
- Standard status
- Active
- Size
- 4,272 SF
Building Details
- Year Built
- 1887
Listing office MOTT & CHACE SOTHEBY'S INTL. (401) 314-3000
Listing date Feb 12, 2026
Source Corcoran
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All listing content including descriptions, pricing, images are the copyrighted material of MOTT & CHACE SOTHEBY'S INTL.
HighLights
- Turn‑key, 6‑unit multifamily property ready for immediate operation.
- Separate utilities for each unit.
- Fire coded building with lead certificates for all units.
- Two recent vacancies offer flexibility for new tenants or owner occupancy.
- Durable vinyl siding and partially updated vinyl windows.
- Established tenant base with many long‑term residents.
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 | $111.2k | $26.04 |
| − Vacancy | −$7.6k | −$1.77 |
| EGI | $103.7k | $24.27 |
| − OpEx | −$46.7k | −$10.92 |
| NOI | $57.0k | $13.35 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- West Warwick
- County
- Kent
- State
- Rhode Island
- Longitude
- -71.5284098
- Latitude
- 41.7027175
