770 Providence St, West Warwick, RI 02893

This exceptional 6,316 square foot lot, located at 770 Providence Street in West Warwick, Rhode Island, presents a unique investment opportunity. The property, built in 1900, currently features a single building encompassing a mixed-use configuration of commercial and residential space. While the exact breakdown of commercial versus residential square footage is not specified, the property's history includes seven rental units: four one-bedroom apartments and three two-bedroom apartments. Currently, six of these units are rented, generating a monthly income of $6,150. One two-bedroom apartment is currently vacant, offering immediate potential for increased revenue. Recent upgrades include electrical system improvements. Ample parking is available on the property. All units are individually metered for utilities, simplifying management and tenant responsibility. The property is zoned for both commercial and residential use, providing flexibility for future development or continued operation as a rental property. Situated in Kent County, Rhode Island, with a zip code of 02893, this property offers convenient access to local amenities and transportation routes. The asking price for this versatile property is $774,900. This presents a compelling opportunity for investors seeking a mixed-use property with existing income and significant upside potential.