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Three-Unit Triplex
For Sale
$705,000

37 Newell Street, West Warwick, RI 02893

Separate residences include a two-floor one-bedroom layout, driveway parking, and outdoor yard space.

Property SizeContact for details
Days on Market8

Property Features for 37 Newell Street

General Information

Standard status Active
Property subtype Multi-family

Site & Location

Highway Access Yes
Road Access Yes

Units

Unit Mix 1 x 3BR/2BA, 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 3

Building Details

Year Built 1910
Buildings 1
Listing Agency: Century 21 Limitless
Listed By: Kyle Seyboth
Source: Residentialproperties
Added: Sep 20 Changed: Sep 26 Last Checked: Sep 26 at 7:57AM

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 Century 21 Limitless

Investment Insights

Based on property information with market context.

Built in 1910, this triplex contains three residences: a 3-bedroom, 2-bathroom unit, a 2-bedroom, 1-bathroom unit, and a 1-bedroom, 1-bathroom unit arranged across two floors. Stainless steel appliances, hardwood floors in much of the building, and abundant windows are among the interior features. The property also has driveway parking and a yard.

The West Warwick property is near Main Street and Providence Street, with neighborhood retail, grocery stores, restaurants, cafés, and everyday services nearby. Routes 2, 3, and 37, I-95, and I-295 provide regional access. Warwick Mall, Bald Hill Road, Kent Hospital, the Pawtuxet River corridor, Downtown Providence, and T.F. Green International Airport are also identified in the surrounding area.

Key Highlights

  • Three residences: one 3‑bedroom, 2‑bathroom unit, one 2‑bedroom, 1‑bathroom unit, and one 1‑bedroom, 1‑bathroom unit
  • The 1‑bedroom, 1‑bathroom residence spans two floors
  • Built in 1910

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Kitchen & Bath Showroom Furniture & Home Goods Electrical Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

353
Businesses Nearby

Demographics for 02893, RI

31,030
Population
15,103
Households
2.1
Avg Household Size
41
Median Age
25%
College-Educated
90%
High-School Grad
7.8 sq mi
ZIP Area
3,978
Density / Sq Mi
$73,903
Median Household Income
$49,087
Median Earnings
$1,249
Median Rent
$293,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Separate residences include a two-floor one-bedroom layout, driveway parking, and outdoor yard space.
Where is this triplex located?
The property is located at 37 Newell Street West Warwick, RI.
What is the asking price?
The asking price for this property is $705,000.
What are key features of this property?
This property features: Three residences: one 3‑bedroom, 2‑bathroom unit, one 2‑bedroom, 1‑bathroom unit, and one 1‑bedroom, 1‑bathroom unit; The 1‑bedroom, 1‑bathroom residence spans two floors; Built in 1910
More about this property
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