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

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:

44

Appliances:

Water Heater

MLS #:

1368553


Community Info

School Info

Walk Score

Mass Transit

Yelp


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