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Warren, RI - 5-Unit Multi-Family Investment OpportunityExcellent opportunity to own a well-located 5-unit property consisting of two separate buildings near downtown Warren and the historic Water Street district. The front building offers three units, including a spacious owner's unit with an additional family room, laundry room, and central air, plus two rental units. The rear building contains two additional units. Major improvements include an approximately 5-year-old roof on the front building and a 3-year-old roof on the rear building. Enjoy a 10-minute walk to downtown Warren's restaurants, shops, waterfront, and the East Bay Bike Path, with bus service to Providence and Newport approximately 150 feet away. Solid rental history and a flexible setup make this an attractive opportunity for investors or owner-occupants seeking rental income.

More Info

Basic Information

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

Tax Information

  • Tax Assessed Value $922,200
  • Tax Year 2025
  • Taxes$11,084

Parking

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

Rooms

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

Basic Information

  • List Price$895,000
  • MLS Number73535581
  • Modification Date08/27/2026
  • 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

Other

  • Date Listed06/13/2026
  • Farm Land Area Units Square Feet
  • View Count10

Map Location

Driving Directions

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

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