Backup offers
$5,936 Closing Credit¹
#1380278, Listing Office: Residential Properties Ltd.
$549,000 List price
206 Reynolds Ave Warwick, RI 02889
$6,519
Closing credit¹
5 beds
3 full, 1 partial
0.1 acres
Multi-Family
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
Home typeMulti Family
HeatingBaseboard, Natural Gas
StatusActive
CoolingWindow Unit(s)
BasementYes
Lot size0.1102 Acres
Year built1940
ParkingNo Garage
MLS #1382396
Summary
- 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: 4/20/2025, 4:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$549,000
206 Reynolds Ave
$6,519
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
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. Typical income of Warwick, RI residents is less than $<35k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
40%
<35k
38%
35k-100k
18%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
39%
Single, No Kids
14%
Single, with Kids
30%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
7%
12-17 yrs old
21%
18-34 yrs old
45%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
College Basketball
Hiking/backpacking
Horse Races
Where do the neighbors shop?
Dillards
Nordstrom Rack
Stein Mart
Where do the neighbors go to eat?
Logan's Roadhouse
Chipotle
LongHorn Steakhouse
What do the neighbors drive?
Hyundai
Mazda
Buick
What do the neighbors listen to?
Rock
Contemporary Inspirational
Adult Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Warwick, RI
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 $549,000.
In March 2025 more than 41 listings in Warwick, RI were sold above the asking price. During the same period more than 13 listings were sold at asking price, while more than 19 were sold below. The number of listings in Warwick, RI increased by 16.4% between February and March 2025. The median list price of listings available in March 2025 was $409,521, while the average time on the real estate market was 29 days.
From Rocket Homes Real Estate and based on county public records data.