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Warren, RI - 5-Unit Multi-Family Investment Opportunity Well-located 5-unit property consisting of two separate buildings, just a short walk to downtown Warren and the historic Water Street district. Enjoy close proximity to popular restaurants, the East Bay Bike Path, and convenient public transportation-with a bus line to Providence and Newport only 150 feet from the property. The front building features three units, including a spacious owner-occupied unit along with two rental units. The rear building offers two additional units, providing a strong and flexible income setup. Tenants and owners alike will appreciate the easy 10-minute walk to downtown amenities, making this an attractive and highly rentable location. Property boasts a solid rental history, making it an excellent opportunity for both investors and owner-occupants.

More Info

Basic Information

  • Gross Income $50,400
  • Lot Features Level
  • Mls StatusNew
  • Parcel Number 538550

Tax Information

  • Tax Assessed Value $636,300
  • Tax Year 2025
  • Taxes$9,475

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive
  • Parking Spaces4

Rooms

  • Bathroom5
  • Bathrooms Total Decimal 5
  • Bedrooms11
  • Full Bath5

Basic Information

  • List Price$945,000
  • MLS Number73535581
  • Modification Date06/13/2026
  • Property SubType5+ Family - 5+ Units Up/Down

Location

  • Address126 Main Street
  • Building Number126
  • CountyBristol
  • StateRI
  • StreetMain Street
  • TownWarren
  • Zip02885

Building

  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationConcrete Perimeter, Stone
  • Levels 5
  • Rooms25
  • Stories5
  • Units5
  • Year Built1920
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.14

Exterior

  • RoofShingle

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 5,706
  • Lot Size Square Feet 6,098
  • Lot Size Units Acres
  • Square Feet5,706

Water Body

  • Waterfront Features Bay, River

Legal

  • ZoningR-6

Other

  • Date Listed06/13/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Debra Jobin of RE/MAX River's Edge

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