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89 Adelaide Avenue
89 Adelaide Avenue
89 Adelaide Avenue
89 Adelaide Avenue
89 Adelaide Avenue
89 Adelaide Avenue
89 Adelaide Avenue
89 Adelaide Avenue
89 Adelaide Avenue
89 Adelaide Avenue
89 Adelaide Avenue
89 Adelaide Avenue
89 Adelaide Avenue
89 Adelaide Avenue
89 Adelaide Avenue
89 Adelaide Avenue
89 Adelaide Avenue
89 Adelaide Avenue
89 Adelaide Avenue
89 Adelaide Avenue
89 Adelaide Avenue
89 Adelaide Avenue
89 Adelaide Avenue
89 Adelaide Avenue
89 Adelaide Avenue
89 Adelaide Avenue
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$425,000

89 Adelaide Avenue

4 Beds 4 Baths 1,624 Sq.Ft. 0.47 Acres

Description

Exceptional investment and redevelopment opportunity in a prime Warwick location west of Route 2. Situated on an oversized approximately 20,000 SF lot in A-7 zoning, this legal 4 unit property currently consists of four 1-bedroom units with strong upside potential. Two units are in very good condition. One unit has been fully gutted and requires complete renovation (sold as-is), offering investors/developers the opportunity to add immediate value through improvements. The oversized lot and zoning create multiple possibilities for future optimization, including the potential lot separation, additional building(s), new single-family and/or multifamily development opportunities (subject to city approvals). Conveniently located near shopping, dining, highways, TF Green Airport, and major amenities, this property combines strong location fundamentals with long-term development potential. Rare opportunity for investors, builders, or owner-operators seeking immediate value and future expansion possibilities in one of Warwick's most accessible neighborhoods. Three of the units are occupied, please provide notice when requesting a showing. All units have Lead Certs.

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Location

89 Adelaide Avenue, Warwick, RI 02886

Status

For Sale

Property Amenities

Interior
Fireplace None
Appliances Oven, Range, Refrigerator, Tankless Water Heater, Water Heater
Flooring Carpet, Vinyl
Total Bedrooms: 4
Full Bathrooms: 4
Other Interior Features Interior Steps, Tub Shower
Area & Lot
Total area 1,624 Sq.Ft.
Lot Area 0.47 Acres
Living area 1,624 Sq.Ft.
MLS® ID 1413307
Year Built 1890
Architecture Styles Stacked, Side By Side
Type Multi-Family
Status For Sale
Exterior
Stories 2
Air conditioning None
Heat type Baseboard, Central, Gas, Hot Water, Oil
Water Source Public
Sewer Connected, Public Sewer, Sewer Assessment(s)
Other Exterior Features Paved Driveway
Parking No Garage
Utilities Sewer Connected
Finance
Sales Price $425,000
Real Estate Tax $5,605 yearly
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We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 89 Adelaide Avenue, Warwick, RI 02886. We are reviewing your request and will be in touch shortly!

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Warwick

41.7001° N, 71.4162° W

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