#1380278, Listing Office: Residential Properties Ltd.
206 Reynolds Ave Warwick, RI 02889
Property details
About 206 Reynolds Ave
Welcome to your next investment opportunity! This charming 3 unit multifamily property is located in a quiet and desirable neighborhood, just steps away from the water. With great cash flow potential, this property is a dream for any savvy investor. The main house features two spacious units: Unit 1 boasts 2 bedrooms and 1 bathroom, while Unit 2 offers 2 bedrooms and 1.5 bathrooms. Both units are perfect for tenants seeking comfortable living spaces with plenty of natural light. But that's not all this property also includes a separate cottage on the lot, providing additional rental income potential. The cottage is a cozy studio with its own entrance, making it the ideal space for renters looking for privacy. Imagine owning an investment property where you can relax by the water and watch your profits roll in. With its prime location and multiple rental options, this home offers endless possibilities for lucrative returns. Don't miss out on this incredible opportunity to invest in both comfort and income potential. Schedule a showing today before it's too late!Please note that the vacant lot situated behind the property does not belong to this property.
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 3
- Appliances: Gas Water Heater
- Basement: Yes
- Flooring Type: Vinyl
- Total Bedroom Count: 5
- Parking: No Garage
- Heating: Baseboard, Natural Gas
- Cooling: Window Unit(s)
- List Price: $529,900
- Annual Tax Amount: $6,568
- Tax Year: 2024
- Year Built: 1940
- Lot Size: 0.1102 Acres
- MLS Number: 1382396
- MLS Name: RIS
- Office Name: Longvin Realty Inc
- Office Phone: (401) 567-6666
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2025 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/11/2025, 10:20:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$529,900
206 Reynolds Ave
$6,293
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jan 02, 2024 | Home Sold | $385,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $453,900 | $6,568 |
2023 | $453,900 | $6,441 |
2022 | $299,500 | $5,610 |
2021 | $299,500 | $5,610 |
2020 | $299,500 | $5,610 |
2019 | $299,500 | $5,610 |
History based on county public records data.
Nearby schools
7
Park Elementary School
Public District KG-6
0.5 mi
•40 Asylum Rd
2
Oakland Beach Elementary School
Public District KG-6
0.6 mi
•383 Oakland Beach Ave
5
Lippitt Elementary School
Public District KG-6
0.8 mi
•30 Almy St
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 $44,130. The majority of Warwick, RI residents have income less than $<35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
Living in Warwick, RI
Warwick's transportation infrastructure supports both private and public transit options, with a network of roads that connect residents to the rest of the state and beyond. Public transportation services are available, offering routes that facilitate access to key areas within the city and to neighboring regions. The city is also mindful of walkability, with certain areas being more pedestrian-friendly, and has made efforts to improve bike paths to encourage alternative modes of transport.
The city of Warwick provides a comprehensive array of services to its residents. The educational landscape includes a number of public and private schools, offering a variety of choices for families. Healthcare is well-represented with several clinics and a hospital that provides emergency services and specialized care. Retail and dining options are plentiful, with establishments ranging from local boutiques to national chains, reflecting the community's diverse tastes and economic vitality.
Warwick is celebrated for its coastal charm and rich history, with numerous parks and marinas that underscore its maritime heritage. The community prides itself on a family-friendly atmosphere, with annual events that foster a strong sense of togetherness. The city's character is further defined by its blend of quiet residential neighborhoods and bustling commercial areas, providing a balanced lifestyle for its inhabitants.
Warwick's housing market is diverse, offering a range of options from classic colonial homes to contemporary condominiums. Single-family homes are prevalent, making up a significant portion of the housing stock, with a mix of older homes that reflect the city's historical roots and newer constructions that cater to modern preferences. The homeownership rate in Warwick is robust, with a majority of residents owning their homes, while a smaller yet substantial segment of the population opts for renting.
About 206 Reynolds Ave
This home is located at 206 Reynolds Ave in Warwick, RI and zip code 02889. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 13, 2025 and is currently priced at $529,900.
Over 48 listings were sold over their listed price in April 2025 in Warwick, RI. In the same period over 22 listings were sold below the listed price and 10 listings were sold for the listed price. In April 2025 in Warwick, RI there were 17.2% more homes for sale than in March. While the average time on the market in April 2025 was 20 days, the median list price was $410,000.