
$1,350,000 USD
Commercial for Sale, 28 Riverdale Avenue, West Warwick, Rhode Island 02893
- MLS#1400432
Listed By Shawomet Realty Company
The Commercial Property for Sale located at 28 Riverdale Avenue, West Warwick, Rhode Island 02893 is currently for sale. 28 Riverdale Avenue, West Warwick, Rhode Island 02893 is listed for $1,350,000.
Property features
Property
- Features: Basement
- Location: Suburban
Lot/Land
- Land/Lot size:
2,590 m² (27,878 ft²)
Construction
- Year built: 1991
- Basement and foundation: Full Basement
Security
- Features: Carbon Monoxide DetectorFire AlarmSmoke Detector
View
- Features: Water View
Heating and Cooling
- Heating system: BaseboardGas
Utilities
- Other utilities: Natural GasGasPublic SewerMunicipal Water
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.
Location
28 Riverdale Avenue, West Warwick, Rhode Island 02893