49 Water Street

Closed 6/29/22
Closed 6/29/22
East facing facade with 2 storefronts.
Confer of Water & Bowen St.
Hair Salon
Hair Salon
Hair Salon
Hair Salon Bathroom
Front door into vacant storefront
Vacant Storefront with center doorway
Front half of storefront
Backroom with distinct spaces.
Backroom hallway with bathrooms
Original tin ceiling throughout.
Storefront shop windows
Center doorway to 2 apartments, ea. apt. also has side entrances.
Common Stairway to upstairs apartments from Water St.
2nd Fl N - LR
2nd Fl N - Eat in Kitchen
2nd Fl N - KIT
2nd Fl N - 1 of 2 Bedrooms
2nd Fl N - Vintage Tiled Full Bathroom
2nd Fl S - Living Room
2nd Fl S - Living Room
2nd Fl S - KIT Counters & French Doors to Deck
Updated maple Kitchen w/ss appliances
Kitchen with vaulted ceilings & ss dishwasher & refrigerator.
Island Counter & cook stove, skylights in vaulted ceiling
Unit 2S Kitchen and doorway to side door entrance.
2nd Fl S - Dining Room w/ new hardwoods
2nd Fl S - Primary Bedroom Suite
2nd Fl S - Sitting Area in Primary BR Suite
2nd Fl S - Bathroom in Primary BR Suite
2nd Fl S - 2nd Full Bath
2nd Fl S - Bedroom
Neighborhood Views from deck in unit 2S looking NW
Views from deck in unit 2S looking North
French Doors from Kitchen in unit 2S
Neighborhood Views from deck in unit 2S looking west toward Warren River and American Tourister Apartments
Sold
Last Sold Price
$677,500
5 beds6,700 sqft

49 Water St, Warren, RI 02885

Multi FamilyProperty Type
0.10 acresLot Size
1830Year Built
$101/sq ftPrice per sq ft
1 carParking Spaces

Description

Great opportunity to be a part of Warren's trendy Water St. and among its many antique/vintage shops, restaurants, gift, clothing boutiques, neighboring flower shop, jewelry store, and acupuncturist. This interesting 4 unit mixed-use property was believed to be 2 early buildings built in abt 1830 that were combined around 1939 to be one building. It has many possibilities offering 2 Apts. & 2 highly visible storefronts. If your looking for the perfect live/work situation, investment or an opportunity...Great opportunity to be a part of Warren's trendy Water St. and among its many antique/vintage shops, restaurants, gift, clothing boutiques, neighboring flower shop, jewelry store, and acupuncturist. This interesting 4 unit mixed-use property was believed to be 2 early buildings built in abt 1830 that were combined around 1939 to be one building. It has many possibilities offering 2 Apts. & 2 highly visible storefronts. If your looking for the perfect live/work situation, investment or an opportunity for your own business this could be it! Commercial unit 1S is vacant, previously a retail store and restaurant and will need a complete update to include a heating system. It has great light from lg. shop windows, HWD Fl, vintage tin ceilings & back storage area giving it lots of space for a multitude of uses. Endless permitted use possibilities in the VB zone for commercial space. Commercial unit 1N is occupied by Ananda Hair Salon. Apt. 2S has 3 BRS w/Primary Suite & skylight, 2 FBTHS, FR DRS to deck off updated kitchen. Apt.2N has EK, LR and 2 BR, 1FBTH. This property backs up to the American Tourister Development with 290 units and The Guild Brewery on the waterfront, also giving it lots of foot traffic nearby. Also, a couple of blocks to the East Bay Bikepath where you can bike to Prov or Bristol. Located 15 min. from Prov., 20 to Fall River, 30 min to New Bedford Ferry and the Islands and only 1.25 hrs to Boston. Property is Sold "As Is" .
  • Listed by: Paula Silva 401.996.9855 psilva@residentialproperties.com Brokerage DRE #REB.0016776 • Residential Properties, Ltd.
Listing closed: 06/29/2022 12:00 AM • Source: Rhode Island Association of REALTORS®, MLS#: 1307670
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Location

Listing Courtesy of Residential Properties, Ltd.

Sold By Mott & Chace Sotheby's Intl.

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$4,141 per month

30 year fixed, 7.03% Interest

Principal and Interest

$3,617

Property Taxes

$525

HOA Dues

$0

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Property Information for 49 Water Street

Property Details

  • Taxes: $6,294 / year
  • MLS Type: Residential Income / Multi Family
  • County: Bristol County
  • Subdivision Name: Historic Waterfront District
  • Waterfront Features: Beach Access, Mooring, River Access, Water Access, Walk To Water

Building Information

  • Stories: 3
  • Residences: 4
  • Year Built: 1830
  • Lot Size: 0.10 AC / 4,182 SF

Summary

Location and General Information
  • City: Warren
  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Courts, Sidewalks
  • Postal City: Warren
  • Postal Code: 02885
  • State Or Province: RI
  • Zoning: VB
  • Human Modified Y N: No
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 1
Taxes and HOA Information
  • Tax Annual Amount: $6,294.00
  • Tax Assessed Value: 355200
  • Tax Lot: 13
  • Tax Year: 2022

Property

Green Features
  • Green Location: Public Transportation, Walkability
  • Green Sustainability: Renewable Materials
Lot Information
  • Above Grade Fin SQFT: 6700.0
  • Building Area Total: 6700.0
  • Frontage Length: 0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.096
  • Lot Size Area: 4182.0
  • Lot Size Square Feet: 4182.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 4951WATERSTWARN
  • Stories Total: 3
Property and Assessments
  • Business Type: Other
  • Buyer Financing: Arm, Conventional
  • New Construction Y N: No
  • Number Of Units Total: 4
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1830
  • C L I P: 2,368,904,003
Utilities
  • Electric: Amps100, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters, Public

Interior and Exterior Features

Exterior Features
  • Exterior Features: Breezeway, Deck
  • Foundation Details: Brick Mortar, Combination
Interior Features
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Oven, Range
  • Basement: Interior Entry, Partial, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 3
  • Bathrooms Total Integer: 6
  • Bedrooms Total: 5
  • Cooling: One Unit, Window Unit(s)
  • Cooling Y N: Yes
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Ceramic Tile, Hardwood, Other, Wood
  • Heating: Baseboard, Gas, Hot Water
  • Heating Y N: Yes
  • Interior Features: Skylights, Tub Shower
  • Laundry Features: In Unit
  • Patio And Porch Features: Deck
  • Rooms Total: 15
  • Window Features: Skylights

Multi Family

Income & Expenses Information
  • Operating Expense: $10,728.00
Unit 1 Information
  • Actual Rent: $1,100.00
  • Description: EIK,LR,2BRS, FBTH
  • Unit Type Area: 900.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $975.00
  • Description: Hair Salon, Lease
  • Unit Type Area: 1000.0
  • Baths Total: 1
  • Beds Total: 0
  • Num of Full Baths: 0
  • Num of Half Baths: 1
Unit 3 Information
  • Actual Rent: $.00
  • Description: Open
  • Occupant Type: Vacant
  • Unit Type Area: 2093.0
  • Baths Total: 2
  • Beds Total: 0
  • Num of Full Baths: 0
  • Num of Half Baths: 2
Unit 4 Information
  • Actual Rent: $1,700.00
  • Description: 3 BR, 2FBTH,KIT w/SS Appliances, LR, DR, FR DRS to Deck
  • Unit Type Area: 1580.0
  • Baths Total: 2
  • Beds Total: 3
  • Num of Full Baths: 2
  • Num of Half Baths: 0

Rental

Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 49 Water Street

DateEvent & SourcePriceAppreciation
Jun 29, 2022

Sold (Public Record)

Public Record #1493553395

$677,500

+11.4% / yr

Jun 29, 2022

Sold

Rhode Island Association of REALTORS® #1307670

$677,500—
May 6, 2022

Contract Signed

Rhode Island Association of REALTORS® #1307670

—
DateEvent & SourcePrice
06/29/2022

Sold (Public Record)

Public Record #1493553395

$677,500

+11.4% / yr

06/29/2022

Sold

Rhode Island Association of REALTORS® #1307670

$677,500
05/06/2022

Contract Signed

Rhode Island Association of REALTORS® #1307670

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 49 Water Street

Taxable Value

Land

$111,500

Additions

$489,000
Total$600,500

Tax Record

2026

$7,683 ($640 / month)

Home Facts

Baths

3

Total Finished SqFt

5,573 SqFt

Above Grade Finished SqFt

5,573 SqFt

Unfinished Basement SqFt

985 SqFt

Stories

2

Lot Size

4,186 SqFt

Style

Office Building

Year Built

1830

Year Renovated

1830

Zoning

VB

County

BRISTOL

APN

WARR M:2 L:13

Schools near 49 Water Street

This home is within Bristol Warren School District.
Rating
School
Type
Grades
Distance
Hugh Cole School
Public - PK to 5
Kickemuit Middle School
Public - 6 to 8
Mt. Hope High School
Public - 9 to 12
Rockwell School
Public - K to 5
Rating
School
Distance
Hugh Cole School
PublicPK to 5

Kickemuit Middle School
Public6 to 8

Mt. Hope High School
Public9 to 12

Rockwell School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Residential Properties, Ltd.

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.