135 Water Street

Warren, RI 02885

$599,900
Price
5
Beds
2
Baths
3,845 Sq. Ft.
$156 / Sq. Ft.
3,845
Sq. Ft.
$156
per Sq. Ft.

Description

Prime Multifamily Opportunity in Warren's Historic Waterfront District! Welcome to 135 Water St., located in the highly desirable Village Business district of Warren, RI. This multifamily property is situated in the heart of the vibrant historic waterfront area, steps from boutique shops, renowned restaurants, art galleries, and the East Bay Bike Path. The property features two well-appointed units. The first-floor unit offers 2 bedrooms, 1 bathroom, in-unit laundry, and an updated kitchen. The second-floor...Prime Multifamily Opportunity in Warren's Historic Waterfront District! Welcome to 135 Water St., located in the highly desirable Village Business district of Warren, RI. This multifamily property is situated in the heart of the vibrant historic waterfront area, steps from boutique shops, renowned restaurants, art galleries, and the East Bay Bike Path. The property features two well-appointed units. The first-floor unit offers 2 bedrooms, 1 bathroom, in-unit laundry, and an updated kitchen. The second-floor unit includes 3 bedrooms, 1 bathroom, in-unit laundry, and original pine hardwood floors, adding a touch of timeless character. Additional highlights include vinyl siding, replacement windows, and a private yard for outdoor enjoyment. A finished basement provides bonus space, while the unfinished attic offers potential for expansion or additional income opportunities. Whether you're looking for an owner-occupied investment or a valuable addition to your portfolio, this property delivers versatility and charm in an unbeatable location. Don't miss this chance to own a piece of Warren's history with modern conveniences. Schedule your private showing today!

Property Details for 135 Water Street

Subdivision Name
Waterfront Historic District
Waterfront Features
Walk To Water
LISTING UPDATED: 12/17/2024 11:21 AM

Property Details for 135 Water Street

StatusActive
MLS #1373609
Days on Market7
Taxes$7,177 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1890
Lot Size0.12 AC / 5,227 SF
CountyBristol County

Building Information for 135 Water Street

Stories2Residences2Year Built1890Building Size-Lot Size0.12 AC / 5,227 SF

Property Information for 135 Water Street

Summary
Location and General Information
  • City: Warren
  • Community Features: Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Courts, Sidewalks
  • Postal City: Warren
  • Postal Code: 02885
  • State Or Province: RI
  • Zoning: VB
  • Human Modified Y N: Yes
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 5
Taxes and HOA Information
  • Association Fee: $.00
  • Association Fee Frequency: Annually
  • Tax Annual Amount: $7,177.00
  • Tax Assessed Value: 497000
  • Tax Lot: 26
  • Tax Map Number: 2
  • Tax Year: 2024
Virtual Tour
Property
Lot Information
  • Above Grade Fin SQFT: 3845.0
  • Building Area Total: 3845.0
  • Frontage Length: 50
  • Living Area Source: Public Records
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.12
  • Lot Size Area: 5227.0
  • Lot Size Square Feet: 5227.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 135WATERSTWARN
  • Stories Total: 2
  • Structure Type: Apartment
Property and Assessments
  • New Construction Y N: No
  • Number Of Units Total: 2
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1890
  • C L I P: 2,891,976,623
Utilities
  • Electric: Amps100
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Exterior Features
  • Foundation Details: Stone
Interior Features
  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement Y N: Yes
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 5
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Fireplace Features: Masonry
  • Fireplaces Total: 3
  • Fireplace Y N: Yes
  • Flooring: Hardwood, Vinyl
  • Heating: Baseboard, Gas, Hot Water
  • Heating Y N: Yes
  • Interior Features: Attic, Bathtub, Permanent Attic Stairs, Tub Shower
  • Laundry Features: In Unit
  • Rooms Total: 14
Multi Family
Income & Expenses Information
  • Operating Expense: $.00
Unit 1 Information
  • Actual Rent: $1,150.00
  • Unit Type Area: 1515.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $2,400.00
  • Description: Estimated Rent
  • Occupant Type: Vacant
  • Unit Type Area: 1680.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 135 Water Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 135 Water Street

Taxable ValueLand$165,400Additions$331,600Total$497,000
Tax Record2024$7,177 ($598 / month)
Home Facts
Baths3Total Finished SqFt3,845 SqFtAbove Grade Finished SqFt3,845 SqFtUnfinished Basement SqFt1,300 SqFtStories3Lot Size5,218 SqFtStyleTriplexYear Built1890ZoningVBCountyBRISTOLAPNWARR M:2 L:26

Schools near 135 Water Street

This home is within Bristol Warren School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Hugh Cole School
PublicPK to 5

Kickemuit Middle School
Public6 to 8

Mt. Hope High School
Public9 to 12

Rockwell School
PublicK to 5

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.

Similar Homes

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135 Water Street is a multi-family home for sale in Warren, RI 02885. This property was listed for sale on November 23, 2024 by HomeSmart Professionals, it's currently listed at $599,900. It has been on the market for a total of 7 days and was last sold on November 7, 2005. This listing's school district is Bristol Warren School District. Nearby schools include Hugh Cole School, Kickemuit Middle School and Mt. Hope High School. 135 Water Street is a 5-bed, 2-bath, 3,845 sqft multi-family home built in 1890.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of HomeSmart Professionals

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.