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Three-Unit Townhouse-Style Multifamily
For Sale
$669,900

520 Providence Street, West Warwick, RI 02893

Three-unit property with townhouse-style layout, separate utilities, and in-unit laundry for efficient day-to-day management.

Property SizeContact for details
Days on Market76

Property Features for 520 Providence Street

General Information

Standard status Active
Property subtype Multi-family

Additional Details

Highway Access Yes
Multifamily Units 3

Building Details

Year Built 1900
Listing Agency: RE/MAX New Horizons
Listed By: Cristina Zapata
Source: Milburyre
Added: May 29 Changed: Aug 10 Last Checked: Aug 11 at 10:24AM

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 RE/MAX New Horizons

Investment Insights

Based on property information with market context.

This three-unit multifamily property features a unique side-by-side townhouse-style layout constructed with durable terracotta block and finished with stucco. Each unit has separate gas and electric utilities and includes in-unit laundry, supporting efficient management and tenant convenience. Two of the units have been fully renovated, including a 2-bedroom, 1.5-bath unit with an additional finished basement room that can serve as a home office, playroom, gym, guest space, or other flexible use, as well as a renovated 2-bedroom, 1-bath unit. The third unit is a 2-bedroom, 1-bath residence currently occupied by a tenant and reported to be in excellent condition.

The property is located in West Warwick, Rhode Island, near shopping, restaurants, schools, and major highways, providing convenient access to everyday needs and regional travel.

For investors and owner-occupants alike, the combination of two renovated units and a third well-maintained occupied unit offers practical flexibility. The separate utilities and in-unit laundry are well-suited to tenants who prefer independence, while the townhouse-style configuration may appeal to renters looking for more space and layout variety within a small multifamily setting.

Key Highlights

  • Three‑unit multifamily with a unique side‑by‑side townhouse‑style layout
  • Built in 1900 with durable terracotta block exterior and stucco finish
  • Two fully renovated units: a 2BD/1.5BA plus renovated 2BD/1BA unit

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Electrical Service Parking Lot & Garage Kitchen & Bath Showroom Locksmith Storage Facility

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

Location Intelligence

Trade Area within ½ mile

605
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
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit property with townhouse-style layout, separate utilities, and in-unit laundry for efficient day-to-day management.
Where is this triplex located?
The property is located at 520 Providence Street West Warwick, RI.
What is the asking price?
The asking price for this property is $669,900.
What are key features of this property?
This property features: Three‑unit multifamily with a unique side‑by‑side townhouse‑style layout; Built in 1900 with durable terracotta block exterior and stucco finish; Two fully renovated units: a 2BD/1.5BA plus renovated 2BD/1BA unit
More about this property
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