Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

1 Ferreira Ct

West Warwick, RI ID #73301193

Property Description

Sat & Sun, Oct 12th &13th @ 1 PM - 3 PM. Don't miss out on this extremely rare opportunity to own a 6-Unit Multi that holds incredible potential for the right investor, developer, or buyer! These two separate properties, located on the same lot, consist of Two (2 Bdrm/1 Bath) and One (1 Bdrm/1 Bath) each, making it a total of 6 units. There is currently one very sizable storage area for each property, which can easily be converted into an additional unit, to renovate into 8 total units. Current rents are right under $100k, but all are well under market rate and possess tremendous upside. Plenty of desired parking, as 14 total spaces are available. Gain additional income through coin-op washing machines in each basement. Landlord pays for all utilities, excluding wifi/cable, so separating each utility lines would also be a viable option for the new owner. Time to put your creativity to use, as there are abundant ways to max out your potential earnings with this absolute gem.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 5-9 Family
  • Zip Code: 02893
  • Taxes: 14,974
  • Living Levels: 9
  • Acres: 0.57

Parking

  • Parking: Paved Drive, Off Street, Common
  • Parking Spaces: 14

Rooms/Dimensions

  • Total Units: 6
  • Total Floors: 9
  • Total Rooms: 22

Location

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1 Ferreira Ct, West Warwick, RI

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Content © 2024 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Won Ra of Premier Realty Group - Lexington. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.