28 Riverdale Avenue, West Warwick, RI 02893

Property Description

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.

Listing Status:

Active

Date Added:

November 20, 2025 at 06:00AM

Listing Office:

SHAWOMET REALTY COMPANY : 401-823-8886

MLS ID:

1400432

Interior

• Laundry: Laundry Room
• Basement: Full
• Heating: BaseboardGas

Exterior

• Parking: Parking spaces: 14

Construction

• General: 3Concrete PerimeterStone

Location

• Road/Access: City Street
• Originating MLS: RIS_RIS
• County: Kent

Lot

• Zoning: R62830RIVERDALEAVWWAR
• View: WaterView

Utilities

• Utilities: Cable AvailableElectricity AvailableNatural Gas ConnectedMunicipal UtilitiesWater ConnectedSewer Connected100 Amp Service200+ Amp Service
• Water: ConnectedPublic
• Sewer: ConnectedPublic Sewer

Financial

• Source: RIS_RIS
• Ownership: LLC

This listing courtesy of SHAWOMET REALTY COMPANY