$7,125 Closing Credit¹
#1373400, Listing Office: Gold Door Realty
$899,000 List price
1 Ferreira Ct West Warwick, RI 02893
$10,000
Closing credit¹
10 beds
6 full
5,152 sqft
0.6 acres
$175 / sqft
Multi-Family
Property details
About 1 Ferreira Ct
Don't miss out on this extremely rare opportunity to own a 6-Unit Multi that holds incredible potential for the right investor, developer, or buyer! These two separate properties, located on the same lot, consist of Two (2 Bdrm/1 Bath) and One (1 Bdrm/1 Bath) each, making it a total of 6 units. There is currently one very sizable storage area for each property, which can easily be converted into an additional unit, to renovate into 8 total units. Current rents are right under $100k, but all are well under market rate and possess tremendous upside. Plenty of desired parking, as 14 total spaces are available. Gain additional income through coin-op washing machines in each basement. Landlord pays for all utilities, excluding wifi/cable, so separating each utility lines would also be a viable option for the new owner. Time to put your creativity to use, as there are abundant ways to max out your potential earnings with this absolute gem.
Highlights
Home typeMulti Family
StatusActive
Size5,152 sqft
BasementYes
Lot size0.57 Acres
Year built1989
ParkingPaved Drive, Common
MLS #73325036
Summary
- MLS Number: 73325036
- MLS Name: MLS Property Information Network
- Office Name: Premier Realty Group
- Office Phone: (617) 515-1162
- Listing Agent: Won Ra
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/16/2025, 11:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$899,000
1 Ferreira Ct
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 13, 2023 | Home Sold | $700,000 |
| Nov 14, 2019 | Home Sold | $400,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $541,700 | $15,146 |
| 2023 | $541,700 | $14,843 |
| 2022 | $541,700 | $14,615 |
| 2021 | $486,800 | $16,892 |
| 2020 | $486,800 | $16,892 |
| 2019 | $468,200 | $15,942 |
History based on county public records data.
Nearby schools
7
Tiogue School
Public District KG-5
1.5 mi
•170 E Shore Dr
4
John F. Horgan School
Public District KG-4
1.6 mi
•124 Providence St
8
Scott Elementary School
Public District KG-6
1.8 mi
•833 Centerville Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $46,719. Residents of West Warwick, RI typically earn between $35k-100k each year. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
How much money do the neighbors make?
36%
<35k
59%
35k-100k
5%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
57%
Single, No Kids
18%
Single, with Kids
13%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
7%
12-17 yrs old
34%
18-34 yrs old
39%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Soccer
Pro Boxing
Continuing Education Courses
Where do the neighbors shop?
Forever 21
Burlington
Express/Express For Men
Where do the neighbors go to eat?
Dominos Pizza
Popeyes
Qdoba
What do the neighbors drive?
Mazda
Dodge
Volkswagen
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Contemporary
Rock
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 1 Ferreira Ct in West Warwick, RI and zip code 02893. This 5,152 square foot home, which was built in 1989, sits on a 0.57 acre lot. Features: 10 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since January 10, 2025 and is currently priced at $899,000.
While more than 11 listings in West Warwick, RI in February 2025 were sold above asking price, there were more than 3 listings sold at asking price, and more than 6 were sold below. The inventory of homes for sale in West Warwick, RI between January and February 2025 increased by 1.3%. The median list price of listings available in February 2025 was $395,333, while the average time on the real estate market was 39 days.
From Rocket Homes Real Estate and based on county public records data.