357 Warwick Neck Avenue, Warwick, Residential Income

Located in desirable Warwick Neck, this well-maintained, legal three-family with a fully renovated carriage house is deceivingly spacious and offers strong investment opportunity. With 30 years of prideful ownership, the property reflects continuous care and updates over the years. The main house includes (two) two-bedroom units and (one) one-bedroom unit. Rents are below market value but with solid tenants in place. Key highlights include a new roof, separate utilities, a first-floor shared coin-op laundry room, and designated parking for each unit.
The carriage house renovation was a labor of love completed with quality, attention, and care. The impressive space features an open two-story layout with an architectural staircase leading to a second-floor bedroom suite, as well as a kitchen with an island and a recreation room – well suited for an ADU, workspace, or an extension of the owner-occupied unit. The roof is young, and both buildings are fully electric.
Set within a well-established coastal community, the property offers convenient access to Warwick Neck’s marinas, golf, local restaurants and coffee shops, Rocky Point walking trails, and shoreline recreation, making it a desirable location for both renting and owner-occupancy.