For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $475,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,902 sqft
Price per Sqft $68
MLS Listing ID 1350741
Sold Date 07/01/24
Bedrooms 8
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 6,902
Year Built 1900
Annual Tax Amount $5,117
Tax Year 2022
Lot Size 8,015 Sqft
Acres 0.184
Property Description
***Investors and Developers take notice*** This is a great opportunity to own a very spacious two-family property off of Main Road in Tiverton, RI. Both units are currently occupied by month-to-month tenants. The big upside to this property is that it previous was a four-family and can be converted back to a four-family after some repairs are completed on the units. On top of this there is a third floor in the property that can be converted to a spacious one bedroom after repairs are done. Utilites are still set up to be separated for a four-family property. There are also two garage spaces that are each being rented out for $135 a month. Both garage stalls are on month-to-month leases. This property is being sold "AS IS" and will not pass for an FHA loan. Call today to schedule a private showing.
Location
State RI
County Newport
Zoning R30
Rooms
Basement Full, Unfinished
Interior
Heating Baseboard, Electric, Gas, Oil
Cooling 1 Unit
Flooring Hardwood, Laminate
Fireplaces Number 2
Fireplace Yes
Appliance Gas Water Heater
Exterior
Parking Features Detached
Garage Spaces 2.0
Total Parking Spaces 6
Garage Yes
Building
Foundation Concrete Perimeter
Sewer Cesspool
Water Connected
Structure Type Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 63MAINRDTIVR
Financing Seller Financing
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2025 State-Wide Multiple Listing Service. All rights reserved.
Bought with Keller Williams Coastal