28 Riverdale Avenue West Warwick, RI $ 1,350,000
28 Riverdale Avenue
$ 1,350,000
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28 Riverdale Avenue

West Warwick, RI, 02893
$ 1,350,000
Bedrooms-- Baths--

Monthly Estimate*

$ 8,312

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Commercial Property for sale in West Warwick, RI

for $1,350,000. This building was built in 1991.

This is a great turnkey investment opportunity with a low-maintenance, two-building portfolio totaling 9 units at 28 30 Riverdale Avenue, producing a strong NOI of $123,105. 28 Riverdale is a clean and well-kept duplex tucked toward the back of the lot, offering two 2-bed/1 1/2 -bath units with in-unit laundry, separate utilities, a private deck all overlooking the Pawtuxet River. 30 Riverdale has seven units five 2-bedrooms and two 1-bedrooms and comes with updated features including an up-to-date fire alarm system, lead-safe certificates, and high-efficiency Navien heating systems (installed 2023 & 2024). There's also coin-op laundry in the basement. Tenants cover their own electric, while heat and hot water are included. Both buildings share 14 assigned parking spaces, making this a solid, income-producing property with long-term stability and strong rental appeal.

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Commercial Pending

Price

$ 1,350,000

Property Type

Commercial

Taxes

$ 14,000

Style

Year Built

1991

Town/City

West Warwick

County/Region

Kent

MLS | Web ID

1400432

Features
General
Sewer Connected Public Sewer
Heating Baseboard Gas
Utilities Cable Available Electricity Available Natural Gas Connected Municipal Utilities Water Connected Sewer Connected
Possession Rental Agreement
Zoning R6
Security Features Carbon Monoxide Detector(s) Fire Alarm Fire Escape Smoke Detector(s)
Year Built 1991
Electric 100 Amp Service 200+ Amp Service
Tenant Pays Electricity Gas Heat Hot Water
View Water
Stories Count 3
Levels Three Or More
Property Subtype Commercial
Tax Year 2024
Business Type Residential
Community Features Highway Access Near Schools Public Transportation Recreation Area Restaurant Shopping
County Kent
New Construction false
Property Type Commercial Sale
Subdivision Name Centreville
Possible Use Multi-Family Residential
Status Pending
City West Warwick
Number Of Units Total 0
Lot Size Units Square Feet
Lot Size Square Feet 27878
Number of Units Leased 9
Land Lease Y/N false
Tax Annual Amount 14000
Virtual Tour https://tour.RiLiving.com/28-Riverdale-Avenue-West-Warwick-RI-02893
Structure Type Multi Family
Standard Status Pending
Occupancy Type Tenant
Tax Assessed Value 879000
Tax Lot 0021
Ownership Type LLC
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Interior
Basement Full
Total Stories 3
Basement (Y/N) true
Heating Y/N true
Laundry Features Laundry Room
Total Baths 0
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Exterior
Water Source Connected Public
Total Parking 14
Lot Size Area 27878
Foundation Details Concrete Perimeter Stone
Number of Buildings 2
Building Area Total 0
Road Frontage Type City Street
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* Excluded Features
List By
Shawomet Realty Company

Broker

marysellsri@gmail.com

Email

Affordability Calculator

$9,479
Per Month
88%
12%
0%
Monthly Principal & Interest
$8,312
Monthly Property Taxes
$1,167
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
11/21/2025$1,350,000 Listed Price

Map


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28 Riverdale Avenue, West Warwick, RI, 02893 is a Commercial Property for sale at $1,350,000. 28 Riverdale Avenue was built in 1991. The property's zip code is 02893 which is in West Warwick, RI