53 State St

Warren, RI 02885

$220,000
Last Sold Price
5
Beds
2,088 Sq. Ft.
$105 / Sq. Ft.
2,088
Sq. Ft.
$105
per Sq. Ft.
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Closed 7/15/21
Closed 7/15/21

Description

Attention contractors and investors! Fantastic opportunity to purchase this instant money maker, whether you choose to purchase as a fix and flip or buy and hold. Historic two family in the heart of downtown Warren just steps away from the waterfront, fine restaurants, parks, and beach. This unique property features two units with three bedrooms each, has water views of the Warren River, and offers endless amounts of potential. Property is in need of restoration/rehab, and improvements do need to...Attention contractors and investors! Fantastic opportunity to purchase this instant money maker, whether you choose to purchase as a fix and flip or buy and hold. Historic two family in the heart of downtown Warren just steps away from the waterfront, fine restaurants, parks, and beach. This unique property features two units with three bedrooms each, has water views of the Warren River, and offers endless amounts of potential. Property is in need of restoration/rehab, and improvements do need to be completed according to the historic district's specifications. New roof in 2019. Cash or 203k only. Come take a look!

Property Details for 53 State Street

Waterfront Features
Walk To Water
View
Saltwater, Water
LISTING CLOSED: 07/15/2021 12:00 AM

Property Details for 53 State Street

StatusClosed
MLS #1273123
Days on Market177
Taxes$3,526 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1791
Lot Size0.07 AC / 2,858 SF
CountyBristol County
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Location

Listing Courtesy of Harborside Realty

Sold By RE/MAX Platinum

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Building Information for 53 State Street

Stories2Residences2Year Built1791Building Size-Lot Size0.07 AC / 2,858 SF

Payment Calculator

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$1,412 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,118

Property Taxes

$294

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 53 State Street

Summary
Location and General Information
  • City: Warren
  • Community Features: Golf, Highway Access, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Courts, Sidewalks
  • Postal City: Warren
  • Postal Code: 02885
  • Postal Code Plus4: 3121
  • State Or Province: RI
  • View Y N: Yes
  • Zoning: 02
  • Human Modified Y N: No
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 0
Taxes and HOA Information
  • Tax Annual Amount: $3,526.00
  • Tax Assessed Value: 179400
  • Tax Lot: 75
  • Tax Year: 2020
Property
Lot Information
  • Above Grade Fin SQFT: 2088.0
  • Building Area Total: 2088.0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.0656
  • Lot Size Area: 2858.0
  • Lot Size Square Feet: 2858.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 53STATESTWARN
  • Stories Total: 2
Property and Assessments
  • Buyer Financing: Other
  • New Construction Y N: No
  • Number Of Units Total: 2
  • Property Condition: Fixer
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1791
  • C L I P: 4,702,105,747
Utilities
  • Electric: Amps100, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Interior Features
  • Appliances: Electric Water Heater, Oven, Range, Refrigerator, Water Heater
  • Basement: Full, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 5
  • Cooling: None
  • Cooling Y N: No
  • Fireplaces Total: 2
  • Fireplace Y N: Yes
  • Flooring: Hardwood, Other
  • Heating: Gas, Hot Water, Space Heater
  • Heating Y N: Yes
  • Interior Features: Attic, Permanent Attic Stairs
  • Rooms Total: 8
Multi Family
Income & Expenses Information
  • Operating Expense: $.00
Unit 1 Information
  • Actual Rent: $800.00
  • Unit Type Area: 1044.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Occupant Type: Vacant
  • Unit Type Area: 1044.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 53 State Street

DateEvent & SourcePriceAppreciation
Jul 15, 2021

Sold (Public Record)

Public Record #1467286440

$220,000

+23.5% / yr

Jul 15, 2021

Sold

Rhode Island Association of REALTORS® #1273123

$220,000—
Jul 7, 2021

Contract Signed

Rhode Island Association of REALTORS® #1273123

—
DateEvent & SourcePrice
07/15/2021

Sold (Public Record)

Public Record #1467286440

$220,000

+23.5% / yr

07/15/2021

Sold

Rhode Island Association of REALTORS® #1273123

$220,000
07/07/2021

Contract Signed

Rhode Island Association of REALTORS® #1273123

—

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

Public Records for 53 State Street

Taxable ValueLand$156,800Additions$294,100Total$450,900
Tax Record2025$6,714 ($560 / month)
Home Facts
Baths2Total Finished SqFt2,088 SqFtAbove Grade Finished SqFt2,088 SqFtUnfinished Basement SqFt1,044 SqFtStories3Lot Size2,858 SqFtStyleDuplexYear Built1791Year Renovated1791ZoningR10CountyBRISTOLAPNWARR M:4 L:75

Schools near 53 State 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.

Similar Homes

Nearby home values

AddressSold priceBedsBathsSqftLot AC
55 State Street, Warren, RI 02885
$140,000
9
4,650
0.07
54 State Street, Warren, RI 02885
–
–
1
2,267
0.15
44 Church Street, Warren, RI 02885
$136,500
6
2,100
0.12
262 Water Street, Warren, RI 02885
–
–
3
4,579
0.11
47 State Street, Warren, RI 02885
–
–
1
1,128
–

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Harborside Realty

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.