4 Kenyon StWest Warwick, RI 02893

Property Details for 4 Kenyon St

Year built

1927

Property type

Residential income properties

Property subtype

Other land

Description

This exceptional investment opportunity presents a rare chance to acquire a multi-family property situated on a substantial 10,628 square foot lot in West Warwick, Rhode Island. The property, located at 4 Kenyon Street, zip code 02893, comprises two separate buildings constructed in 1927. In total, the property offers seven rental units: four one-bedroom units and three two-bedroom units. These units generate a substantial annual rental income of $8,798. The five-unit building features individual utility meters, with tenants responsible for their own heat and electricity. The remaining two-unit building has tenants covering electricity costs, while the owner manages heating expenses. A convenient on-site coin-operated laundry adds to the property's appeal and income potential. Ample off-street parking is available for residents and guests. This property is zoned for both commercial and residential use, offering flexibility for future development or expansion. The asking price for this lucrative investment is $929,900. Don't miss this opportunity to acquire a well-maintained, income-generating property in a desirable Rhode Island location.

Location Insight

City

West Warwick

County

Kent

State

Rhode Island

Latitude

41.7114

Longitude

-71.5242

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