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Est. Mortgage: $/month

Federal 30-year interest rate: 6.67% last updated on 2026-08-13

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35&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 0288635&50, 20 Lake Street, Oakland Beach Avenue Warwick RI 02886
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  • 82Bedrooms
  • 45Bathrooms
  • 39,612Square Feet
The Oakland & Lake Estates multi-family investment portfolio is located at 35 & 50 Lake Street and 20 Oakland Beach Avenue in Warwick, RI. The Portfolio is a well maintained, stabilized asset in a growing, high demand real estate market that offers additional upside. The Portfolio is comprised of four multi-family buildings and contains forty-five residential units: two Studio units, four 1-Bed/1-Bath units, and thirty-nine 2-Bed/1-Bath units. Within the past three years, 31 units have been renovated, exteriors and interiors of the properties have been painted, hallway carpets have been replaced, and new high efficiency gas heating systems have been installed. The opportunity exists to drive rental rates through programmatic upgrades and renovations to the kitchens and bathrooms in the unrenovated units, allowing the incoming owner to maximize rents in a supply constrained market.
Listed by Dennis Kelleher of Horvath & Tremblay

Listing Sold by Horvath & Tremblay

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More Info

Basic Information

  • Gross Income $922,356
  • Lot Features Other
  • Mls StatusSold
  • Rent Includes Unit 1(Heat, Water, Hot Water), Unit 2(Heat, Water, Hot Water)

Location

  • Address35&50, 20 Lake Street, Oakland Beach Avenue
  • Building Number35&50,20
  • CountyKent
  • StateRI
  • StreetLake Street, Oakland Beach Avenue
  • TownWarwick
  • Zip02886

Exterior

  • RoofShingle, Rubber

Property Information

  • Building Area Source Public Records
  • Living Area 39,612
  • Lot Size Square Feet 116,740
  • Lot Size Units Acres
  • Square Feet39,612

Tax Information

  • Tax Assessed Value $4,492,800
  • Tax Year 2024
  • Taxes$54,196

Basic Information

  • GO-List Price$7,500,000
  • MLS Number73302196
  • Modification Date01/28/2025
  • Property SubType5+ Family - 5+ Units Up/Down
  • Purchase Contract Date12/02/2024
  • Sale Date01/24/2025
  • Sale Price$7,800,000

Property

  • Acreage2.68

Utilities

  • Electric Individually Metered
  • Sewer Public Sewer
  • Water Source Public

Water Body

  • Miles to Beach1
  • Waterfront Features Beach Front,1/2 to 1 Mile To Beach

Other

  • Buyer Agency Compensation1.75
  • Date Listed10/15/2024
  • Farm Land Area Units Square Feet

Parking

  • Parking Features Off Street
  • Parking Spaces80

Rooms

  • Bathroom45
  • Bathrooms Total Decimal 45
  • Bedrooms82
  • Full Bath45

Building

  • Building Area Units Square Feet
  • FoundationOther
  • Rooms99
  • Stories3
  • Units45
  • Year Built1960
  • Year Built Details Actual
  • Year Built Source Public Records

Amenities

  • Amenities
    • Highway Access
    • Medical Facility
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • University
  • Other AmenitiesBeachfront

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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