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$1,280,000
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Property Description
This is a great turnkey investment opportunity with a low-maintenance, two-building portfolio totaling 9 units at 28 30 Riverdale Avenue, producing a strong NOI of $123,105. 28 Riverdale is a clean and well-kept duplex tucked toward the back of the lot, offering two 2-bed/1 1/2 -bath units with in-unit laundry, separate utilities, a private deck all overlooking the Pawtuxet River. 30 Riverdale has seven units five 2-bedrooms and two 1-bedrooms and comes with updated features including an up-to-date fire alarm system, lead-safe certificates, and high-efficiency Navien heating systems (installed 2023 & 2024). There's also coin-op laundry in the basement. Tenants cover their own electric, while heat and hot water are included. Both buildings share 14 assigned parking spaces, making this a solid, income-producing property with long-term stability and strong rental appeal.
Full Property Details
Full Property Details for 28 Riverdale Ave
General
- Sold For: $1,280,000
- Taxes: $14,000 (2024)
- Status: Closed
- Type: Commercial Multi-Family
- Source: STWMLS
- MLS ID: 1400432
- Added to Site: 150 day(s) ago
Business
- Business Type: Residential
Rooms
Other Rooms
- Laundry: Laundry Room
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Fire Alarm, Fire Escape, Smoke Detector(s)
Parking
- Total Spaces: 14
Location
- County: Kent
- Subdivision: Centreville
- Near Highway: Yes
Heating & Cooling
- Heating Type: Baseboard, Gas
Utilities
- Sewer: Connected, Public Sewer
- Water: Connected, Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Natural Gas Connected, Municipal Utilities, Water Connected, Sewer Connected
Structural Information
- # Buildings: 2
- Structure Type: Multi Family
- Detached/Attached: Detached
- Basement: Yes
- Basement Desc.: Full
- Stories/Levels: 3
- Year Built: 1991
Lot Features
- Property View: Water
- Lot Size (Sq. Ft.): 27,878
- Lot Size: 27878
- Frontage: City Street
- Potential Use: Multi-Family, Residential
Water Features
- Water View: Yes
Financial Considerations
- Tax Amount: $14,000
- Tax Year: 2024
- Owner Pays: Gas, Grounds Care, Heat, Hot Water, Pest Control, Snow Removal, Sewer, Taxes, Water
- Tenant Pays: Electricity, Gas, Heat, Hot Water
Disclosures and Reports
- Property ID: 2830RIVERDALEAVWWAR
- Lot Number: 21
Listed by Shawomet Realty Company
Sold by Compass
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Schools
Schools serving 28 Riverdale Ave
School District:West Warwick School District
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 28 Riverdale Ave
Date
Details
Price
Change
Source
4/13/2026
Sold
$1,280,000
-5.19%
MLS
11/20/2025
Listed
$1,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
28 Riverdale Avenue, West Warwick, RI 02893 (MLS# 1400432) is a Commercial Multi-Family property that was sold at $1,280,000 on April 13, 2026. Want to learn more about 28 Riverdale Avenue? Do you have questions about finding other Commercial Multi-Family real estate for sale in West Warwick? You can browse all West Warwick real estate or contact a Coldwell Banker agent to request more information.

