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40 Hemlock AVE Narragansett, RI 02882
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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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