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40 Hemlock Avenue

Narragansett, RI 02882
  • $1,350,000
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: 1300695
UPDATED: 37 min ago
$1,350,000
  • 8
    BEDS
  • 0.43
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,838
    SQFT
  • $352
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1960
County:
Area:

School Ratings & Info

Description

Oversized legal 3 family in the heart of Point Judith with 8 bedrooms. This well-maintained, low maintenance property has ample parking and separate utilities. Tenants are currently in place for the remainder of the 2021-2022 academic year at $750/bedroom. All three units are also rented for 2022-2023 academic year at $850/bedroom. This really is a great rental income-producing property or a 2nd/vacation home. Summer 2022 is not currently rented so new owners will have options.

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© 2022 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Century21 Platinum are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Century21 Platinum. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-01-17T14:37:32.617.
www.platinumc21.com/homes/124349056
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40 Hemlock Avenue Narragansett, RI 02882

  • Price: $1,350,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 37 min ago
  • MLS #: 1300695
8
Beds
3
Baths
0
½ Baths
0.43
Acres
3,838
SQFT
$352
$/SQFT
1960
Built
Neighborhood:
Point Judith
County:
Washington
Area:
Narragansett
Property Description
Oversized legal 3 family in the heart of Point Judith with 8 bedrooms. This well-maintained, low maintenance property has ample parking and separate utilities. Tenants are currently in place for the remainder of the 2021-2022 academic year at $750/bedroom. All three units are also rented for 2022-2023 academic year at $850/bedroom. This really is a great rental income-producing property or a 2nd/vacation home. Summer 2022 is not currently rented so new owners will have options.
Exterior Features

Construction Materials Vinyl Siding Covered Spaces 0 Foundation Details Concrete Perimeter Garage YN No Parking Features No Garage Parking Total 8

Interior Features

Appliances Gas Water Heater Basement FullFinishedWalk-Out Access Basement YN Yes Cooling Window Unit(S) Fireplace Features None Fireplace YN No Fireplaces Total 0 Flooring Ceramic TileHardwoodLaminate Heating BaseboardPropane

Property Features

Association Fee 0 Electric 100 Amp Service Land Lease YN No Operating Expense 0 Property Sub Type Multi Family Senior Community YN No Sewer Connected Tax Annual Amount 5918 Tax Assessed Value 591000 Tax Lot 288 Tax Year 2020 Utilities Sewer Connected Water Source Connected Zoning R-10

Listing information © 2022 State-Wide Multiple Listing Service.
Listing provided courtesy of Edge Realty Ri, Llc.





© 2022 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Century21 Platinum are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Century21 Platinum. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-01-17T14:37:32.617.
 
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