Sold for $575,000

$575,000

126 Washington St, Warwick, RI 02888

5beds

2,088sqft

Multi Family

Built in 1874

-- sqft lot

$621,700 Zestimate^®

$275/sqft

$1,754 Estimated rent

Home value

$621,700

$578,000 - $665,000

$1,754/mo

Zestimate^® history

Owner options

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$1,754/mo

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$1,754/mo

Rent Zestimate^®

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$3,049/mo

Est. payment

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$3,049/mo

Est. payment

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What's special

Beautifully maintained three-unit residence nestled in the desirable and tranquil Lakewood neighborhood. This property offers the perfect blend of convenience and comfort, with a nearby bus line, easy highway access, and close proximity to retail shops. It features a spacious yard and abundant off-street parking, making it an excellent opportunity to live in one unit while generating rental income from the others, potentially covering your mortgage. The basement provides ample storage space, complementing the closets in each unit and the front hallway. Washer and dryer hook-ups are available for added convenience, making this property an ideal rental investment with all the essential features.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 3

Bathroom

Features: Bath w Tub & Shower

Heating

Natural Gas, Forced Water, Hot Air, Zoned

Cooling

None

Appliances

Included: Gas Water Heater, Exhaust Fan, Oven/Range, Refrigerator
Laundry: In Building

Features

Wall (Dry Wall), Wall (Plaster), Wall (Wood), Stairs, Insulation (Unknown), Ceiling Fan(s)
Flooring: Ceramic Tile, Hardwood, Laminate, Vinyl
Basement: Full,Interior and Exterior,Unfinished,Laundry,Storage Space,Utility
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 2,088
Total interior livable area: 2,088 sqft

Property

Parking

Total spaces: 6
Parking features: No Garage, Driveway
Has uncovered spaces: Yes

Features

Stories: 3
Fencing: Fenced
Waterfront features: Walk to Fresh Water, Walk to Salt Water, Walk To Water

Lot

Size: 10,018 Square Feet
Features: Extra Lot

Details

Additional structures: Outbuilding
Parcel number: WARWM293B0401L0000
Zoning: A7
Special conditions: Conventional/Market Value

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Dry Wall, Plaster, Wood Wall(s), Vinyl Siding
Foundation: Brick/Mortar

Condition

New construction: No
Year built: 1874

Utilities & green energy

Electric: Circuit Breakers, Individual Meter
Sewer: Public Sewer
Water: Assessment to Buyer, Common Meter, Public
Utilities for property: Sewer Connected

Community & HOA

Community

Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
Subdivision: Lakewood

HOA

Has HOA: No

Location

Region: Warwick

Financial & listing details

Price per square foot: $275/sqft
Tax assessed value: $387,100
Annual tax amount: $5,422
Date on market: 9/26/2024
Inclusions: Laundry hook ups for 2 units in basement no laundry equipment. 3rd floor refrigerator is excluded from the sale.
Total actual rent: 4225
Tenant pays: Hot Water, Heat

Price history

Date	Event	Price
6/25/2026	Listing removed	$1,500$1/sqft
Source: Zillow Rentals Report a problem
6/18/2026	Listed for rent	$1,500$1/sqft
Source: Zillow Rentals Report a problem
9/27/2024	Sold	$575,000+4.6%$275/sqft
Source: StateWide MLS RI #1366144 Report a problem
8/19/2024	Contingent	$549,900$263/sqft
Source: StateWide MLS RI #1366144 Report a problem
8/14/2024	Listed for sale	$549,900-6.8%$263/sqft
Source: StateWide MLS RI #1366144 Report a problem
2/14/2024	Listing removed	--
Source: StateWide MLS RI #1347056 Report a problem
11/2/2023	Listed for sale	$589,900+55.2%$283/sqft
Source: StateWide MLS RI #1347056 Report a problem
9/22/2021	Sold	$380,000-2.5%$182/sqft
Source: StateWide MLS RI #1289053 Report a problem
8/3/2021	Pending sale	$389,900$187/sqft
Source: StateWide MLS RI #1289053 Report a problem
7/23/2021	Listed for sale	$389,900+236.1%$187/sqft
Source: StateWide MLS RI #1289053 Report a problem
9/10/2001	Sold	$116,000-20%$56/sqft
Source: Public Record Report a problem
10/18/1988	Sold	$145,000$69/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,601	$387,100
2024	$5,601 +3.3%	$387,100 +1.3%
2023	$5,422 +26%	$382,100 +66.3%
2022	$4,302	$229,700
2021	$4,302	$229,700
2020	$4,302	$229,700
2019	$4,302 +17.3%	$229,700 +30.2%
2018	$3,669 +2.8%	$176,400
2017	$3,570	$176,400
2016	$3,570 -6.4%	$176,400 -4.1%
2015	$3,816 +3.4%	$183,900
2014	$3,689 +1.4%	$183,900
2013	$3,639 +1.4%	$183,900 -9.4%
2011	$3,589 +1.2%	$202,900
2010	$3,547 -1.4%	$202,900 -20.3%
2009	$3,599 +5.4%	$254,500
2008	$3,413 +13.6%	$254,500 +31%
2007	$3,004	$194,300
2006	$3,004 +4.4%	$194,300
2004	$2,878 +11.8%	$194,300 +110.1%
2003	$2,574	$92,500