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28-30 Riverdale Avenue West Warwick, RI
West Warwick, RI Warwick/West Warwick

$1,350,000 USD

Multifamily For Sale • 8,910 SF

2 Properties View all

Property Details

Property Type Multifamily
Cap Rate 9.12 %

0 Transit Score

66 Walk Score

                
                    Highlights
                
                                Turnkey 9-unit portfolio with strong NOI of $123,105
                            
                                Low-maintenance buildings with updated systems
                            
                                High-efficiency Navien heating systems (2023 & 2024)
                            
                                14 assigned off-street parking spaces
                            
                                Located in the Centreville neighborhood of West Warwick, along the Pawtuxet River and close to local shops, restaurants, and main commuter routes.

Financial Summary (Actual)

Net Operating Income: $118,936 USD (2024)

Cap Rate:	9.12 %
Total Expenses:	$37,064 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Tf Green Airport (Providence/Stoughton Line - MBTA)	10 min	-	6.0 mi
Airport	Drive	Walk	Distance
Rhode Island Tf Green International	16 min	-	8.3 mi

Mary Fernandez 401-473-6276 Shawomet Realty Company

28-30 Riverdale Avenue West Warwick, RI West Warwick, RI Warwick/West Warwick