INNOVATE
Real Estate
No photos available for this listing

$599,900

1564 Main Street
West Warwick, RI 02893
Listed by Crystal D'Agostino
Bedrooms
5
Bathrooms
3
Living area
N/A
Year built
1920

About this home

Excellent investment opportunity in the heart of West Warwick! This well-maintained three-family property features two spacious townhouse-style units, each offering 2 bedrooms and 1 bathroom, plus a cozy 1-bedroom unit. All three apartments have updated kitchens and bathrooms and each unit enjoys the convenience of private in-unit laundry. The property is fully occupied with month-to-month tenants, providing immediate income with flexibility for future rental adjustments. A detached two-car garage offers additional rental income potential or valuable storage space. With projected total rental income of up to $5,575 per month, this turnkey multifamily is an ideal addition to an investor's portfolio or an excellent opportunity for an owner-occupant seeking supplemental income. Conveniently located near shopping, restaurants, highways, and local amenities, this property combines strong cash flow potential with long-term investment value. Call today for a private showing!

Property details

MLS #
1416418
Property type
Apartment,Multi Family
Subdivision
N/A
Status
Active
Days on market
4
On market date
N/A
Stories
3
Garage spaces
2
Lot size
0.15 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Greenbush Elementary School
1.4 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
466
Student:teacher ratio
16.1:1
District
West Warwick
Middle
John F. Deering Middle
1.23 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,087
Student:teacher ratio
12.5:1
District
West Warwick
High
West Warwick High School
1.27 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,044
Student:teacher ratio
13.4:1
District
West Warwick

Mortgage calculator

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Est. monthly payment
$3,763/mo
$119,980 down
$479,920 loan
Principal & interest$3,113
Property tax (est.)$500
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated June 30, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.