20 Reed St

Warwick, RI 02886

$475,000
Last Sold Price
6
Beds
1,890 Sq. Ft.
$251 / Sq. Ft.
1,890
Sq. Ft.
$251
per Sq. Ft.

Description

Discover a remarkable investment opportunity at 20-22 Reed St in Warwick's Pontiac neighborhood. This two-family side-by-side duplex combines style and functionality, offering three bedrooms in each unit with numerous interior upgrades for modern living. One unit is vacant, ready for immediate occupancy or a new tenant, while the other is rented month-to-month, providing flexible income potential. Each unit has their own access to the basement along with on-site laundry. The property boasts individual...Discover a remarkable investment opportunity at 20-22 Reed St in Warwick's Pontiac neighborhood. This two-family side-by-side duplex combines style and functionality, offering three bedrooms in each unit with numerous interior upgrades for modern living. One unit is vacant, ready for immediate occupancy or a new tenant, while the other is rented month-to-month, providing flexible income potential. Each unit has their own access to the basement along with on-site laundry. The property boasts individual decks overlooking a fenced backyard, ideal for relaxation or entertainment. A detached garage adds convenience and storage options. Located near highway access, this home is minutes away from NYLO, Apponaug Brewery, Warwick Mall, and Route 2's vast amenities, including diverse dining choices. Whether as a savvy investment or a residence with rental income, 20-22 Reed St is perfectly positioned for convenience and lifestyle, making it an ideal choice for investors or those seeking a comfortable living space with added financial benefits.
  1. Listed by Slocum Home Team • Brokerage DRE #REC.0010643 • SLOCUM
    P: (401)-491-4535 hello@slocumhometeam.com

Property Details for 20 Reed Street

Subdivision Name
PONTIAC
Waterfront Features
Walkto Water
LISTING UPDATED: 07/29/2024 01:22 PM

Property Details for 20 Reed Street

StatusClosed
MLS #1350119
Days on Market46
Taxes$4,152 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1875
Lot Size0.23 AC / 10,018 SF
CountyKent County

Location

Listing Courtesy of SLOCUM

Sold By Lane Ceceri Group

Add your commute

Building Information for 20 Reed Street

Stories2Residences2Year Built1875Building Size-Lot Size0.23 AC / 10,018 SF

Payment Calculator

$2,835 per month

30 year fixed, 6.845% Interest

Principal and Interest

$2,489

Property Taxes

$346

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 20 Reed Street

Summary
Location and General Information
  • City: Warwick
  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Other, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks, Tennis Courts
  • Postal City: Warwick
  • Postal Code: 02886
  • State Or Province: RI
  • Human Modified Y N: Yes
Parking
  • Attached Garage Y N: No
  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage Y N: Yes
  • Parking Features: Detached, Garage
  • Parking Total: 6
Taxes and HOA Information
  • Tax Annual Amount: $4,152.00
  • Tax Assessed Value: 292600
  • Tax Lot: 0179
  • Tax Year: 2023
Property
Lot Information
  • Above Grade Fin SQFT: 1890.0
  • Building Area Total: 1890.0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.23
  • Lot Size Area: 10018.0
  • Lot Size Square Feet: 10018.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 2022REEDSTWARW
  • Stories Total: 2
Property and Assessments
  • Buyer Financing: FHA, VA
  • New Construction Y N: No
  • Number Of Units Total: 2
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community Y N: No
  • Year Built: 1875
  • C L I P: 8,034,257,730
Utilities
  • Electric: Item100Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected
Interior and Exterior Features
Exterior Features
  • Exterior Features: Deck, Paved Driveway
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
Interior Features
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Basement: Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 2
  • Bathrooms Half: 2
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 6
  • Cooling: None
  • Cooling Y N: No
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Heating: Oil, Steam
  • Heating Y N: Yes
  • Interior Features: Attic, Tub Shower
  • Laundry Features: In Unit
  • Patio And Porch Features: Deck
  • Rooms Total: 12
Multi Family
Income & Expenses Information
  • Operating Expense: $.00
Unit 1 Information
  • Actual Rent: $.00
  • Type: Item3Bedroom
  • Occupant Type: Vacant
  • Unit Type Area: 945.0
  • Baths Total: 2
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 1
Unit 2 Information
  • Actual Rent: $1,300.00
  • Type: Item3Bedroom
  • Unit Type Area: 945.0
  • Baths Total: 2
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 1
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 20 Reed Street

DateEvent & SourcePriceAppreciation
Feb 26, 2024

Sold (Public Record)

Public Record #1528110876

$475,000

+5.0% / yr

Feb 26, 2024

Sold

Rhode Island Association of REALTORS® #1350119

$475,000
Feb 19, 2024

Contract Signed

Rhode Island Association of REALTORS® #1350119

Jan 10, 2024

Contract Out

Rhode Island Association of REALTORS® #1350119

Dec 28, 2023

Listed (Active)

Rhode Island Association of REALTORS® #1350119

$449,000
May 25, 2007

Sold (Public Record)

Public Record #221302071

$211,000

-4.9% / yr

May 24, 2007

Sold

STATEWIDEMLS #734028

$211,000
Apr 30, 2007

Contract Signed

STATEWIDEMLS #734028

Feb 14, 2007

Listed (Active)

STATEWIDEMLS #734028

$239,900
Jun 1, 2004

Sold (Public Record)

Public Record #170843247

$245,000
May 27, 2004

Sold

STATEWIDEMLS #434551

$245,000
Apr 30, 2004

Contract Signed

STATEWIDEMLS #434551

Mar 23, 2004

Listed (Active)

STATEWIDEMLS #434551

$229,900
DateEvent & SourcePrice
02/26/2024

Sold (Public Record)

Public Record #1528110876

$475,000

+5.0% / yr

02/26/2024

Sold

Rhode Island Association of REALTORS® #1350119

$475,000
02/19/2024

Contract Signed

Rhode Island Association of REALTORS® #1350119

01/10/2024

Contract Out

Rhode Island Association of REALTORS® #1350119

12/28/2023

Listed (Active)

Rhode Island Association of REALTORS® #1350119

$449,000
05/25/2007

Sold (Public Record)

Public Record #221302071

$211,000

-4.9% / yr

05/24/2007

Sold

STATEWIDEMLS #734028

$211,000
04/30/2007

Contract Signed

STATEWIDEMLS #734028

02/14/2007

Listed (Active)

STATEWIDEMLS #734028

$239,900
06/01/2004

Sold (Public Record)

Public Record #170843247

$245,000
05/27/2004

Sold

STATEWIDEMLS #434551

$245,000
04/30/2004

Contract Signed

STATEWIDEMLS #434551

03/23/2004

Listed (Active)

STATEWIDEMLS #434551

$229,900

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

Public Records for 20 Reed Street

Taxable ValueLand$90,300Additions$206,500Total$296,800
Tax Record2024$4,295 ($358 / month)
Home Facts
Baths2.5Total Finished SqFt1,890 SqFtAbove Grade Finished SqFt1,890 SqFtUnfinished Basement SqFt1,260 SqFtStories2Lot Size10,019 SqFtStyleDuplexYear Built1875ZoningA7CountyKENTAPNWARW M:274 B:0179 L:0000

Schools near 20 Reed Street

This home is within Warwick School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Greenwood School
PublicK to 5

Winman Junior High School
Public6 to 8

Toll Gate High School
Public9 to 12

Warwick Career And Tech Center
Public9 to 12

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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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 SLOCUM

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.