126 Main St Warren, RI 02885
Warren, RI - 5-Unit Multi-Family Investment Opportunity Well-located 5-unit property consisting of two separate buildings, just a short walk to downtown Warren and the historic Water Street district. Enjoy close proximity to popular restaurants, the East Bay Bike Path, and convenient public transportation-with a bus line to Providence and Newport only 150 feet from the property. The front building features three units, including a spacious owner-occupied unit along with two rental units. The rear building offers two additional units, providing a strong and flexible income setup. Tenants and owners alike will appreciate the easy 10-minute walk to downtown amenities, making this an attractive and highly rentable location. Property boasts a solid rental history, making it an excellent opportunity for both investors and owner-occupants.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.