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$450,000
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Property Description
***Accepting Backup Offers*** Opportunity knocks in Warwick's Greenwood neighborhood! This well-maintained two-family home has been loved by the same family for 54 years. Whether you're an investor seeking a turnkey asset or a homeowner looking to offset your mortgage with rental income, this property delivers. Each unit offers 2 bedrooms, 1 bathroom, a kitchen, and a living room. Freshly painted with updated bathrooms, both units feature brand-new electric baseboard heating, new electric water heaters, and in-unit washer/dryer for added convenience. Enjoy central air in the summer and triple-pane insulated windows for winter comfort. The spacious backyard is perfect for entertaining, and the two-car attached garage adds practicality. Located just minutes from Post Road, T.F. Green Airport, and major commuter routes, with easy access to shopping and dining. This property offers flexibility and long-term value! Lender-paid 1-0 Buydown available for buyers using an Envoy Mortgage referral contact listing agent for details.
Full Property Details
Full Property Details for 106 Palace Ave
General
- Sold For: $450,000
- Taxes: $4,896 (2025)
- Status: Closed
- Type: Multi-Family
- Source: STWMLS
- MLS ID: 1399217
- Added to Site: 71 day(s) ago
Interior
- Number of Rooms: 10
- Interior Features: Attic, Bathtub, Tub Shower
- Appliances: Dryer, Electric Water Heater, Oven, Range, Refrigerator, Washer
- Flooring: Other, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: In Unit
Exterior
- Exterior Features: Paved Driveway
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 6
- Parking Features: Attached, Garage
Location
- County: Kent
- Subdivision: Greenwood
- Near Highway: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Baseboard, Electric
Utilities
- Sewer: Septic Tank
- Water: Public
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Plaster, Shingle Siding, Wood Siding
- Basement Desc.: None
- Stories/Levels: 0
- Building Size: 1536
- Finished Total: 1,536 Sq. Ft.
- Finished Above Grnd: 1,536 Sq. Ft.
- Year Built: 1963
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,841
- Lot Size: 7841
Financial Considerations
- Tax Amount: $4,896.16
- Tax Year: 2025
Disclosures and Reports
- Inclusions: Disclosure attached to listing
- Property ID: 106PALACEAVWARW
- Lot Number: 343
Listed by Keller Williams Coastal
Sold by REALPRO by The Water
Get Pre-Approved Today
Schools
Schools serving 106 Palace Ave
School District:Warwick School District
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 106 Palace Ave
Date
Details
Price
Change
Source
12/11/2025
Sold
$450,000
5.88%
MLS
11/05/2025
Listed
$425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
106 Palace Avenue, Warwick, RI 02886 (MLS# 1399217) is a Multi-Family property that was sold at $450,000 on December 11, 2025. Want to learn more about 106 Palace Avenue? Do you have questions about finding other Multi-Family real estate for sale in Warwick? You can browse all Warwick real estate or contact a Coldwell Banker agent to request more information.

