Price Reduced 16.22%
Price History
$1,850,000
9/13/2024
$1,750,000
9/24/2024
$1,650,000
9/30/2024
$1,595,000
10/13/2024
$1,550,000
10/23/2024
40 Hemlock Avenue, Narragansett, RI, 02882
16 rooms
9 beds
3 Full baths
1960
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.
Status:
Pending
Type:
Multi-family
Laundry Remarks:
Common Area,In Unit
Units:
3
Subdivision:
Point Judith
Garage:
No Garage
Heating:
Baseboard, Propane
Cooling:
Window Unit(s)
Basement:
Exterior Entry, Full, Interior Entry, Partially Finished
Parking:
9-car
Acreage:
0.43
Est. Taxes:
$8,056
Assessment
$1,230,000
Construction
Drywall,Vinyl Siding
Utilities
Sewer Connected
Days on Market:
94
Appliances:
Water Heater
MLS #:
1368553
Community Info
School Info
Walk Score
Mass Transit
Yelp
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