206 Reynolds Ave Warwick, RI

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Reynolds Ave, Warwick, Home For Sale

Price: $549,999
Address: 206 Reynolds Ave
City: Warwick
State: RI
Zip:
Bathrooms: 3.5
Bedrooms: 5
Condition: Resale
Fee: No
Provided By: RealtyWW

Description:

Welcome to your next investment opportunity! This charming 3 unit multifamily property is located in a quiet and desirable neighborhood, just steps away from the water. With great cash flow potential, this property is a dream for any savvy investor. Unit 2 current rent is $1600, unit 3 rent is $800 plus unit 1's market rent is $1800(vacant currently) The main house features two spacious units: Unit 1 boasts 2 bedrooms and 1 bathroom, while Unit 2 offers 2 bedrooms and 1.5 bathrooms. Both units are perfect for tenants seeking comfortable living spaces with plenty of natural light. But that's not all this property also includes a separate cottage on the lot, providing additional rental income potential. The cottage is a cozy studio with its own entrance, making it the ideal space for renters looking for privacy. Imagine owning an investment property where you can relax by the water and watch your profits roll in.

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