28 Riverdale Avenue 30, West Warwick, RI 02893

$1,280,000

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Sold Price
$1,280,000
List Price
$1,350,000
Closing Date
Apr 13, 2026
MLS#
1400432
Status
CLOSED
Type
Commercial
City
West Warwick
County
Kent
Year Built
1991

Property Description

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.

Additional Information

Sewer
Connected, Public Sewer
Taxes
$14,000
Community Features
Highway Access, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping

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Calculator source: Real Geeks

Listing courtesy of SHAWOMET REALTY COMPANY. Contact:

Selling Office: Compass.

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