28 Riverdale, West Warwick, RI, 02893

This is a great turnkey investment opportunity with a low-maintenance, two-building portfolio totaling 9 units at 28–30 Riverdale Avenue, producing a strong NOI of $123,105. 28 Riverdale is a clean and well-kept duplex tucked toward the back of the lot, offering two 2-bed/1 1/2 -bath units with in-unit laundry, separate utilities, a private deck all overlooking the Pawtuxet River. 30 Riverdale has seven units—five 2-bedrooms and two 1-bedrooms—and comes with updated features including an up-to-date fire alarm system, lead-safe certificates, and high-efficiency Navien heating systems (installed 2023 & 2024). There’s also coin-op laundry in the basement. Tenants cover their own electric, while heat and hot water are included. Both buildings share 14 assigned parking spaces, making this a solid, income-producing property with long-term stability and strong rental appeal.

Commercial/Business
$1,350,000
Location
City/TownWest Warwick
CountyKent
Community FeaturesCommuter Bus, Highway Access, Interstate, Recreational Facilities, Restaurants, Schools, Shopping
Interior
HeatingBaseboard, Gas Connected
Additional Information
Tax Assessment$879,000
ZoningR6
Listed By: Shawomet Realty Company

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