1 Ferreira Court
$949,000
10
6
5,152
5,152
$184
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...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.
- Listed by Won Ra • Premier Realty Group
Property Details for 1 Ferreira Court
Town
West Warwick
AreaRI-West Warwick
Garage Spaces0
Parking Spaces14.00
Parking Spaces Total14
LISTING UPDATED: 10/14/2024 03:09 AM
Property Details for 1 Ferreira Court
Status | Active |
---|---|
MLS # | 73301193 |
Days on Market | 38 |
Taxes | $14,974 / year |
HOA Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-family / 5-9 Family |
Year Built | 1989 |
County | Kent County |
Building Information for 1 Ferreira Court
Stories9Residences6Year Built1989Building Size-Lot Size0.57 AC / 25,012 SF
Property Information for 1 Ferreira Court
Property History for 1 Ferreira Court
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1 Ferreira Court
Taxable ValueLand$91,300Additions$450,400Total$541,700
Tax Record2024$15,146 ($1,262 / month)
Home Facts
Stories1Lot Size25,012 SqFtStyleMulti-Family Res (5+ Units)ZoningR-6CountyKENTAPNWWAR 014-1170-0-000
Schools near 1 Ferreira Court
This home is within West Warwick School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | 5 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 4 | |||
Public - | K to 4 |
Rating | School | Distance |
---|---|---|
John F. Deering Middle School Public5 to 8 | ||
West Warwick High School Public9 to 12 | ||
Greenbush Elementary School PublicK to 4 | ||
John F. Horgan School PublicK to 4 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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