45 Updike AVE North Kingstown, RI 02852

Tremendous opportunity for an investor or an owner occupied buyer. The home currently has 3 units rented all of which will soon be month to month. The 3rd floor unit has been gutted and is in need of a complete rehab. The roof is less than 1 year one layer 11.2021, the septic system is for a 6 bedroom home was installed 9.2009. There is off street parking for the tenants. The heating system was installed in 2014 it heats all 4 units. Separate electric for all the units all updated and there is a house meter for the coin-op washer and dryer in the basement. First floor has a 3 bedroom unit which currently rents for $1250. Second floor has 2 units one is a studio currently rented for $750 and a One bedroom which rents for $850. All of the rents are very much under current market rates. This home is situated on a corner lot only a few blocks from the town beach and main street. The home has a nice size deck overlooking the backyard, storm windows, all 3 of the occupied units have refrigerators and stoves which will convey with the property. This home is not in a flood zone and does not require flood insurance. The location is fantastic just needs a handy person to do the 3rd floor apartment. The home is up to date on fire alarm system and inspections installed in 2009.