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Overview

  • Updated On:
  • May 11, 2025
  • 3.5
  • Bathrooms
  • 13
  • Rooms
  • 5
  • Bedrooms
  • 0 ac
  • Property Lot Size

206 Reynolds Avenue, Warwick, Residential Income

$ 529,900
206 Reynolds Avenue,

Description

Welcome to your next investment opportunity! This charming 3 unit multifamily property is located in a quiet and desirable neighborhood, just steps away from the water. With great cash flow potential, this property is a dream for any savvy investor.
The main house features two spacious units: Unit 1 boasts 2 bedrooms and 1 bathroom, while Unit 2 offers 2 bedrooms and 1.5 bathrooms. Both units are perfect for tenants seeking comfortable living spaces with plenty of natural light.
But that’s not all – this property also includes a separate cottage on the lot, providing additional rental income potential. The cottage is a cozy studio with its own entrance, making it the ideal space for renters looking for privacy.
Imagine owning an investment property where you can relax by the water and watch your profits roll in. With its prime location and multiple rental options, this home offers endless possibilities for lucrative returns.
Don’t miss out on this incredible opportunity to invest in both comfort and income potential. Schedule a showing today before it’s too late!Please note that the vacant lot situated behind the property does not belong to this property.

Property Id : 384422
Price: $ 529,900
Property Lot Size: 0 ac
Rooms: 13
Bedrooms: 5
Bathrooms: 3.5
Basement: Full,Walkout,Unfinished
Bathrooms Full: 3
Bathrooms Half: 1
Building Area Total (sqft): 4800
Construction Materials: Vinyl Siding
Cooling: Window Unit(s)
Parking Total: 6
Electric: 100 Amp Service
Fireplaces Total: 0
Flooring: Vinyl
Garage Spaces: 0
Heating: Natural Gas,Baseboard
MLS Listing #: 1382396
Living Area Source: Owner
Living Area Units: Square Feet
Lot Size SQFT: 4800
MLS Status: Active
Number Of Units Total: 3
Parking Features: No Garage
Sewer: Connected
State: RI
Street Name: Reynolds
Street Number: 206
StreetNumberNumeric: 206
Street Suffix: Avenue
Structure Type: Apartment
Annual Taxes: 6441
Water Source: Connected
Year Built: 1940
Address: 206 Reynolds Avenue
City:
State/County:
Zip: 02889
Country: US
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Other Features
Gas Water Heater
Has Cooling System
Has Heating System
Property Attached
$ 3,136.26
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,473.88
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DISCLAIMER TEXT: 206 Reynolds Avenue | 384422 : IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. © 2024 State-Wide Multiple Listing Service. All rights reserved.

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