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157 - 159 College St, Warwick, RI 02886

4 Bed, 2.5 Bath Multi-Family Home For Sale

157 - 159 College St, Warwick, RI 02886 House For Sale - MLS #1208895
$185,000
4
2 Full Bath, 1 Half Bath
Multi-Family
2 Family
Listed By: Keller Williams Realty Nri

Property Description for 157 - 159 College St, Warwick, RI 02886

Legal single family being operated as a two family. Current rental income of nearly $3,000 per month - make this a cash cow at this price! This home features a basement in-law apartment, perfect for someone looking to live in a large space but earn some rental income. This main home is comprised of 3 bedrooms plus 1.5 baths with two generously sized bedrooms on the 2nd floor. The main level features an additional bedroom, large living room, half bath, full kitchen with washer and dryer and a nice covered porch located on the side of the home. The separate finished basement space boasts a large combined living area/bedroom, kitchen and full bath. This ideally located home is just steps from restaurants, city hall, banks, pharmacies etc and close to the bus lines, airport, commuter rail and Rte 95. It's also located just minutes to downtown East Greenwhich for shopping and dining. A short drive to Providence round this out as the ideal, convenient, central location in Rhode Island. Off-street parking may be available in backyard area and current tenants have a verbal agreement with adjacent church for parking in that lot directly across the street from the house. Washer and dryer along with 2 stoves and 2 refrigerators included in sale. Fully occupied with month-to-month tenants.

Interior Details

2,130 sq. ft.
$86.85/sq. ft.
10
Connected
Connected

Exterior Details

0.08 acres
3,572 sq. ft.

Other Details

1208895
1865
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(20%)

Monthly Mortgage Payments

$840
$1,170

Town Description

As Rhode Island's retail shopping mecca, the City of Warwick attracts hundreds of thousands of eager spenders every year. Hundreds of specialty shops and discount stores, plus two malls housing major...

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