6 Middle Street West Warwick, RI 02893
Two-family home with historic charm and modern living.
Property Features for 6 Middle Street
General Information
- Standard status
- Active
- Size
- 2,388 SF
- Lot size
- 0.25 Acres
- Property subtype
- Multi-family
Building Details
- Year Built
- 1922
Listing office Residential Properties Ltd.
Listing date Apr 5, 2026
Source Milburyre
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 Residential Properties Ltd.
Investment Insights
Based on property information with market context.
Key Highlights
- Two‑family home ideal for investors or owner‑occupants looking to rent one unit.
- New roof installed in 2026, ensuring long‑term peace of mind.
- Two units, each featuring three spacious bedrooms and a full bath.
Local 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 | $53.0k | $22.20 |
| − Vacancy | −$3.4k | −$1.44 |
| EGI | $49.6k | $20.76 |
| − OpEx | −$14.9k | −$6.23 |
| NOI | $34.7k | $14.53 |
