Four-Unit Residential Income
89 Adelaide Avenue Warwick, RI 02886
For Sale
$425,000
Pending
Legal four-unit property with three occupied 1-bedroom units and one unit gutted for renovation on a large lot.
Lot Size0.46 Acres
Days on Market65
Property Features for 89 Adelaide Avenue
General Information
- Standard status
- Pending
- Lot size
- 0.46 Acres
- Property subtype
- Multi-family
Building Details
- Year Built
- 1890
Listing Agency:
Compass
(404) 668-6621
Listed By:
The Phipps Team · License #47250
Source:
Milburyre
Added: May 21
Changed: Jul 23
Last Checked: Jul 23 at 7:40AM
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 Compass
Investment Insights
Based on property information with market context.
This legal four-unit residential income property is configured as four 1-bedroom units. Two units are described as being in very good condition, while one unit has been fully gutted and requires complete renovation and is being sold as-is. All units have Lead Certs, and three of the units are currently occupied; notice is required for showings.
The property sits on an oversized approximately 20,000 SF lot and is in A-7 zoning. The listing notes that the lot and zoning may allow for future optimization, including potential lot separation and the addition of building(s) for new single-family and/or multifamily development subject to city approvals.
For anyone seeking a mixed-use of current income and redevelopment flexibility, this asset offers a straightforward quadplex setup with near-term renovation scope in one unit and redevelopment considerations tied to the site size and zoning.
The property sits on an oversized approximately 20,000 SF lot and is in A-7 zoning. The listing notes that the lot and zoning may allow for future optimization, including potential lot separation and the addition of building(s) for new single-family and/or multifamily development subject to city approvals.
For anyone seeking a mixed-use of current income and redevelopment flexibility, this asset offers a straightforward quadplex setup with near-term renovation scope in one unit and redevelopment considerations tied to the site size and zoning.
Key Highlights
- Legal 4‑unit property built in 1890 with four 1‑bedroom units
- Oversized ~20,000 SF lot in A‑7 zoning
- Two units in very good condition; one unit has been fully gutted and is sold as‑is for complete renovation
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Legal four-unit property with three occupied 1-bedroom units and one unit gutted for renovation on a large lot.
Where is this quadplex located?
The property is located at 89 Adelaide Avenue Warwick, RI.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Legal 4‑unit property built in 1890 with four 1‑bedroom units; Oversized ~20,000 SF lot in A‑7 zoning; Two units in very good condition; one unit has been fully gutted and is sold as‑is for complete renovation
