CCertihomes
295 Washington, West Warwick, RI 02893

$389,000

5 beds 4 baths Built 1900Active

About this home

Introducing 295 Washington Street, a well-maintained property owned by the current owner for an extended period. This property features four residential units, including one two-bed unit & three spacious one-bed units, providing an excellent investment opportunity. ** The property is supported by a high-efficiency gas boiler, ensuring reliable & cost-effective heating. It is fire code compliant with a conventional fire alarm system in place.* Exterior improvements include a stairway & decking that are only five years old & maintenance-free siding. * The property also features a detached garage & carport, new fencing & ample parking, adding to its appeal & functionality. * Long-term tenants are in place; the rents are below market rates, offering significant potential for increased revenue. This property is ideal for both owner-occupants & investors, providing a stable & attractive investment opportunity. * Additionally, 295 Washington Street is conveniently located close to all amenities & highways, making it an ideal location for residents.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.

Your estimated payment
$4,415/mo

Real estate (PITI + HOA + PMI)
$3,554
Principal + interest$2,506
Property tax + insurance$902
PMI / 2nd mortgage$146
Utilities
$1,542
Heating + cooling$618
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$141
Car insurance + maintenance$141
Other (entertainment)
$140
$4,415/mo TLC
Budget$5,000/mo
Remaining after TLC$585/mo
Purchase price
$389,000
Down payment
$19,450 (5%)
Loan amount
$369,550
APR
7.19%

Quick facts

Type
Rental
Style
Year built
1900
Lot size
0.27 ac
Stories
3
Heating
Natural Gas, Baseboard
Cooling
None
Water
Connected
HOA
Annual tax
$5,461
MLS #
1359537
County
Kent

At a glance

Basement

Home features

Appliances
Gas Water Heater
Interior
Walls: Dry WallPaneledPlumbing: MixedInsulation: Floors
Exterior
Porch
Parking
No Garage
Flooring
Laminate, Carpet
Sewer
Connected

Neighborhood — 02893

MetricThis ZIPCountyUSA
Population31,5341,095,423299,088,112
Population Change Since19908.00%9.00%20.00%
Population Density4,023994
Male15,268529,266147,432,321
Female16,266566,157151,655,844
Never Married7,065266,40463,775,926
Married13,649435,678123,120,365
Separated82143,64212,639,686
Widowed1,79366,66815,467,586
Divorced2,59883,84323,075,029
Number Of House Hold11,828410,399111,826,380
Average House Hold Size2.652.562.60
Medial Age37.7437.2735.46
Median House Hold Income$51,082$47,553$48,276
Average House Hold Income$68,459$61,609$63,629
P C I$26,065$23,965$24,529
M D I$43,160$40,634$41,133
A T H E$53,506$49,940$50,898
S T R7.00%7.00%
W C J75.47%78.02%77.74%
(Zip) Code
2893

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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RI & State Wide MLS

Listing information last refreshed 5/28/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.

295 Washington · West Warwick — $389,000 · Certihomes