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Property profile & analytics
OFF-MARKET
Land

4 Kenyon St West Warwick, RI 02893

Built 1927
Property ID
US76-0124890
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Year built 1927
UPID US76-0124890
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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