New Construction Two-Family
34 Vine Street West Warwick, RI 02893
For Sale
$675,000
Pending
MULTI_FAMILY - West Warwick, RI
Property Size2,100 SF
Lot Size0.28 Acres
Days on Market109
Property Features for 34 Vine Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
4
Rooms
Bathroom 1, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 6, Bedroom 5, Bedroom 4, Basement, Bedroom 1
Parking
6
Basement
Full, Unfinished
Appliances
Gas Water Heater
Standard status
Pending
Size
2,100 SF
Lot size
0.28 Acres
Taxes and HOA fees
Tax Year
2025
Utilities
Heating system
Natural Gas, Central
Cooling system
Central Air
Building Details
Year built
2026
Number of units
2
Flooring type
Hardwood
Building materials
Vinyl Siding
Listing Agency:
Century 21 Limitless
(508) 567-3468
Listed By:
Kyle Seyboth · License #32535
(508) 726-3492
Added: Apr 10
Changed: Jul 23
Last Checked: Jul 27 at 11:06PM
MLS# 1409584
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.
This new construction two-family home in West Warwick offers a modern living space with high-end finishes. The property features an expansive and thoughtfully designed floor plan with generous living space and large windows that provide abundant natural light. An attached garage adds convenience and functionality. The property is located with easy access to Route 2, Route 117, and Interstate 95, facilitating commuting. It is also situated minutes from Downtown West Warwick and nearby Coventry and Warwick shopping, dining, and everyday conveniences. The location provides a short drive to T.F. Green International Airport and is approximately 15-20 minutes from Downtown Providence, with its restaurants, nightlife, and cultural attractions. The property is close to local parks, walking trails, and recreational areas, including Riverpoint Park and the South Branch Pawtuxet River. Nearby schools, public transportation, and community amenities enhance its desirability as a centrally located investment opportunity. The lot size is 0.2755 acres and the property size is 2100 square feet.
Key Highlights
- New construction 2‑family home with attached garage for convenient day‑to‑day access
- Central heating and central air conditioning
- Hardwood flooring throughout
Financial Insights For Multifamily LT 5
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 | $46.6k | $22.20 |
| − Vacancy | −$3.0k | −$1.44 |
| EGI | $43.6k | $20.76 |
| − OpEx | −$13.1k | −$6.23 |
| NOI | $30.5k | $14.53 |
2,100 SF · lease $22.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$435.9K
$381.4K – $508.6K
NOI $30,513 @ 7.0% cap · market cap 4.52%
Second Best
Apartment 5plus
$400.4K
$350.4K – $467.2K
NOI $28,031 @ 7.0% cap · market cap 4.15%
Theoretical Best
Specialty Retail
$526.0K
$460.2K – $613.6K
NOI $36,817 @ 7.0% cap · market cap 5.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Modern two-family home in West Warwick with high-end finishes.
Where is this duplex located?
The property is located at 34 Vine Street West Warwick, RI.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: New construction 2‑family home with attached garage for convenient day‑to‑day access; Central heating and central air conditioning; Hardwood flooring throughout
