89 Adelaide Avenue, Warwick, RI 02886
Local realty services provided by:ERA Empire Real Estate
89 Adelaide Avenue,Warwick, RI 02886
$425,000
- 4 Beds
- 4 Baths
- 1,624 sq. ft.
- Multi-family
- Active
Listed by: the phipps team
Office: compass
MLS#:1413307
Source:RI_STATEWIDE
Price summary
- Price:$425,000
- Price per sq. ft.:$261.7
About this home
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. BEST AND FINAL DUE TUESDAY 5/26/2026 at 5 PM...MUST BE ON PURCHASE AND SALES AGREEMENT FORM WITH PROOF OF FUNDS OR PRE-QUAL LETTER. email to showing agent...
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Home facts
- Year built:1890
- Listing ID #:1413307
- Added:3 day(s) ago
- Updated:May 26, 2026 at 01:58 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:8
- Flooring:Carpet, Vinyl
- Bathrooms Description:Tub Shower
- Kitchen Description:Oven, Range, Refrigerator
- Basement:Yes
- Basement Description:Full, Unfinished
- Living area:1,624 sq. ft.
Heating and cooling
- Heating:Baseboard, Central, Gas, Hot Water, Oil
Structure and exterior
- Year built:1890
- Building area:1,624 sq. ft.
- Lot area:0.47 Acres
- Construction Materials:Drywall, Plaster, Vinyl Siding
- Exterior Features:Paved Driveway
- Foundation Description:Stone
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Connected, Public Sewer, Sewer Assessments, Sewer Connected
Finances and disclosures
- Price:$425,000
- Price per sq. ft.:$261.7
- Tax amount:$5,605 (2026)
Features and amenities
- Appliances:Range, Refrigerator
- Amenities:Tankless Water Heater, Water Heater
Parking
- Total parking spaces:4
- Parking description:No Garage, Paved Driveway
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