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6-Unit Apartment Building
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5 McNiff St, West Warwick, RI 02893

Updated building systems, tenant-paid utilities, private parking, and on-site laundry support efficient multifamily operations.

Property SizeContact for details
Days on Market144

Property Features for 5 McNiff St

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: KW Commercial - Rhode Island
Listed By: Luke Palmer · License #RI REB.0009712
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 1:05PM

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 KW Commercial - Rhode Island

Investment Insights

Based on property information with market context.

This six-unit apartment property in downtown West Warwick includes three two-bedroom, one-bath residences and three three-bedroom, one-bath residences. The building has clean common hallways, a hard-wired fire system, and a large basement with shared coin-operated laundry. Utilities are separately metered and paid by the tenants. A dumpster is located on site and serviced by a trash collection company.

Recent property improvements include roof replacements, a new driveway, replacement of all decks, ductless heat and air conditioning in the units, and new soffits and gutters. The rear of the property includes a private parking lot with space for eight cars. The address is 5 McNiff St, West Warwick, RI 02893.

Key Highlights

  • Six units: three 2‑bedroom, 1‑bath units and three 3‑bedroom, 1‑bath units
  • Utilities are separated and paid by the tenants
  • Recent roof replacements, driveway, decks, soffits, and gutters

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Bakery Computer & Electronic Repair Electrical Service

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

Location Intelligence

Trade Area within ½ mile

614
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

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?
Apartment building - Updated building systems, tenant-paid utilities, private parking, and on-site laundry support efficient multifamily operations.
Where is this apartment building located?
The property is located at 5 McNiff St West Warwick, RI.
What are key features of this property?
This property features: Six units: three 2‑bedroom, 1‑bath units and three 3‑bedroom, 1‑bath units; Utilities are separated and paid by the tenants; Recent roof replacements, driveway, decks, soffits, and gutters
More about this property
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