About this home

Fully occupied, lead-certified four-unit investment property generating approximately $7,700 per month ($92,400 annually) in gross rental income. All four units feature 2 bedrooms and 1 bathroom, offering a strong and consistent unit mix with established in-place income. Designed for efficient ownership, tenants are responsible for their own heating expenses, while minimal common areas maximize rentable square footage. Significant recent capital improvements include a new roof, two new driveways, new rear porches, four new hot water heaters, updated kitchens and bathrooms, and replacement windows, helping reduce near-term capital needs. The property is also equipped with a recently tested and certified commercial fire alarm system. Heating systems include a combination of forced hot air and boiler heat. Set on a large lot with ample off-street parking, this property offers an attractive combination of strong current income, low-maintenance ownership and long-term upside. Conveniently located near shopping, dining, highways and area amenities, with continued investment and development occurring nearby. A turnkey opportunity to acquire a stabilized four-unit asset with strong cash flow and substantial improvements already completed.

Facts and features

Schools

• John F. Deering Middle School

  elementary · 5-8 · 0.5 mi

  4

• West Warwick High School

  high · 9-12 · 0.6 mi

  3

• Christ the Redeemer Academy

  elementary · K-8 · 0.6 mi

• John F. Horgan School

  elementary · K-4 · 0.5 mi

  4

• Tides School

  middle · 8-12 · 0.8 mi

• Wakefield Hills Elementary School

  elementary · K-4 · 1.4 mi

  4

Price history

• Jun 25, 2026 · Listed$815,000
• May 26, 2026 · Listing Removed$1,900
• May 26, 2026 · Listing Removed$1,850
• Aug 31, 2025 · Listing Removed$1,700
• Aug 18, 2025 · Price Changed For Rent$1,700
• Aug 10, 2025 · Price Changed For Rent$1,800
• Aug 1, 2025 · Listed For Rent$1,900
• Nov 27, 2024 · Sold$530,000

Tax history

• 2025$7,515 tax · $491,500 assessed
• 2023$6,790 tax · $338,300 assessed
• 2022$6,681 tax · $338,300 assessed
• 2021$6,854 tax · $229,300 assessed
• 2020$6,854 tax · $229,300 assessed
• 2019$6,723 tax · $229,300 assessed
• 2018$6,409 tax · $163,500 assessed
• 2017$6,205 tax · $163,500 assessed

Home value

$807,000

• Collateral Analytics$807,000
• Quantarium$801,735

Where it is