32 Harris, West Warwick, RI, 02893

Fully occupied, lead-certified four-unit investment property generating approximately $7,700 per month ($92,400 annually) in gross rental income. All four units feature 2 bedrooms and 1 bathroom, offering a strong and consistent unit mix with established in-place income. Designed for efficient ownership, tenants are responsible for their own heating expenses, while minimal common areas maximize rentable square footage. Significant recent capital improvements include a new roof, two new driveways, new rear porches, four new hot water heaters, updated kitchens and bathrooms, and replacement windows, helping reduce near-term capital needs. The property is also equipped with a recently tested and certified commercial fire alarm system. Heating systems include a combination of forced hot air and boiler heat. Set on a large lot with ample off-street parking, this property offers an attractive combination of strong current income, low-maintenance ownership and long-term upside. Conveniently located near shopping, dining, highways and area amenities, with continued investment and development occurring nearby. A turnkey opportunity to acquire a stabilized four-unit asset with strong cash flow and substantial improvements already completed.

Residential Income
$815,000
Location
City/TownWest Warwick
CountyKent
Community FeaturesBus, Commuter Bus, Highway Access, Hospital, Interstate, Recreational Facilities, Restaurants, Schools, Shopping, Tennis
Interior
Living Area2,979 sq. ft.
Rooms16
HeatingBottle Gas, Oil, Baseboard, Forced Air
CoolingNone
Interior FeaturesWall (Dry Wall), Stairs, Plumbing (Mixed), Insulation (Floors), Insulation (Walls)
Additional Information
Tax Assessment$491,500
ZoningR-8
Exterior
Acreage0.4
Listed By: Serhant.

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