Narragansett, RI 02882,40 Hemlock AVE
Narragansett, RI 02882,40 Hemlock AVE
Narragansett, RI 02882,40 Hemlock AVE
$1,441,900
Est. payment /mo
$1,550,000
7.0%
Est.Price: ?

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9 Beds
3 Baths
3,838 SqFt
SOLD DATE : 01/02/2025

Key Details

Sold Price $1,441,900

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,838 sqft

Price per Sqft $375

Subdivision Point Judith

MLS Listing ID 1368553

Sold Date 01/02/25

Bedrooms 9

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 3,838

Year Built 1960

Annual Tax Amount $8,056

Tax Year 2024

Lot Size 0.430 Acres

Acres 0.43

Property Description

Rare 3 family on a double lot in Narragansett's Point Judith neighborhood. This property offers amazing investment income potential or the option to occupy one of the units while offsetting your mortgage. This turn key house currently has one of three units leased, allowing the other two units to be rented or occupied at buyer's discretion. Each spacious unit enjoys a private entrance and patio space. Garden level unit and top floor unit share laundry, while main floor has in unit laundry room. The oversized lot may be suitable for a variety of uses including expansion, an ADU or pool (buyer to complete due diligence). With parking for 9 cars, outdoor shower, walking proximity to Roger Wheeler Beach and neighborhood gems like Iggy's and Aunt Carrie's this 8 bed, three bath home is an excellent opportunity.

Location

State RI

County Washington

Community Point Judith

Rooms

Basement Exterior Entry, Full, Interior Entry, Partially Finished

Interior

Interior Features Bathtub, Stall Shower, Tub Shower

Heating Baseboard, Propane

Cooling Window Unit(s)

Flooring Carpet, Ceramic Tile, Hardwood, Vinyl

Fireplace No

Appliance Water Heater

Laundry Common Area, In Unit

Exterior

Utilities Available Sewer Connected

Total Parking Spaces 9

Garage No

Building

Foundation Concrete Perimeter

Sewer Connected, Public Sewer

Water Connected, Public

Structure Type Drywall,Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 40HEMLOCKAVNARR

Financing Conventional

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Listed by Churchill & Banks Co., LLC
Bought with HomeSmart Professionals

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agent

Eric Chauvin

+1(617) 448-0910

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