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20 Oakland Beach Avenue Avenue, Warwick, RI 02889

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For Sale
Sale Pending

$7,500,000

39,612 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • $189.34
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

The Oakland & Lake Estates multi-family investment portfolio is located at 35 & 50 Lake Street and 20 Oakland Beach Avenue in Warwick, RI. The Portfolio is a well maintained, stabilized asset in a growing, high demand real estate market that offers additional upside. The Portfolio is comprised of four multi-family buildings and contains forty-five residential units: two Studio units, four 1-Bed/1-Bath units, and thirty-nine 2-Bed/1-Bath units. Within the past three years, 31 units have been renovated, exteriors and interiors of the properties have been painted, hallway carpets have been replaced, and new high efficiency gas heating systems have been installed. The opportunity exists to drive rental rates through programmatic upgrades and renovations to the kitchens and bathrooms in the unrenovated units, allowing the incoming owner to maximize rents in a supply constrained market.
MLS# 1370933

Courtesy Of Horvath & Tremblay

(781) 776-4000

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Exterior Type
    Brick

Map and Directions

Directions to 20 Oakland Beach Avenue Avenue, Warwick, RI 02889

Home seller CENTURY 21 Premier Agency

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CENTURY 21 Premier Agency

(570) 856-3436
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Monthly Payment Breakdown

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† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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