28 Riverdale Avenue, West Warwick, RI 02893
sale
$1,350,000
|
Other
Courtesy Of Shawomet Realty Company
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.
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Property Features
- Age: 31-40 Years Old
- Floors: 3
- Heating System: Baseboard
- Heating System: Natural Gas
- MLSID: 1400432
- Parking Spaces: 14
- Rooms: Basement
- View Type: Water
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