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40 Hemlock Avenue, Narragansett, Residential Income

$ 1,550,000
40 Hemlock Avenue, ,
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Overview

  • Updated On:
  • October 28, 2024
  • 9 Bedrooms
  • 3 Bathrooms

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.

Address: 40 Hemlock Avenue
State/County:
Zip: 02882
Country: US
Open In Google Maps
Property Id : 1280276
Price: $ 1,550,000
Property Lot Size: 0 ft2
Rooms: 16
Bedrooms: 9
Bathrooms: 3
Basement: Full,Interior and Exterior,Partially Finished,Bathroom,Bedroom(s),Family Room,Kitchen,Utility
Bathrooms Half: 0
Bathrooms Total Decimal: 3
Bridge Modification Timestamp: 2024-10-28T01:46:17.872Z
Building Area Total: 3838
Buyer Agent Email: nickhayes115@gmail.com
Buyer Agent Full Name: Nicholas Hayes
Buyer Agent MlsId: 41688
Construction Materials: Dry Wall,Vinyl Siding
Contract Status Change Date: 2024-10-25
Cooling: Window Unit(s)
Covered Spaces: 0
Electric: 100 Amp Service
Fireplaces Total: 0
Flooring: Ceramic Tile,Hardwood,Vinyl,Carpet
Foundation Details: Concrete Perimeter
Garage Spaces: 0
Heating: Bottle Gas,Baseboard
Inclusions: Landlord intermittently occupied as vacation home and did not pursue seasonal renters
Laundry Features: Common Area,In Building,In Unit
List Agent Direct Phone: 401-439-0582
List Agent Email: lindsaypettinelli@gmail.com
List Agent Full Name: Lindsay Pettinelli
Listing Contract Date: 2024-09-13
Listing Id: 1368553
Living Area Source: Public Records
Living Area Units: Square Feet
Lot Size Area: 18731
Lot Size Square Feet: 18731
Lot Size Units: Square Feet
Mls Status: Act Und Contract
Modification Timestamp: 2024-10-28T01:44:56.237Z
Number Of Buildings: 1
Number of Units Total: 3
Original Entry Timestamp: 2024-09-13T23:43:38.600Z
Original List Price: 1850000
Parking Features: No Garage
Parking Total: 9
Room Bathroom Features: Bath w Tub,Bath w Shower Stall,Bath w Tub & Shower
Sewer: Connected,Public Sewer
State or Province: RI
Status Change Timestamp: 2024-10-28T01:44:56.237Z
Stories: 3
Street Name: Hemlock
Street Number: 40
Street Suffix: Avenue
Structure Type: Side/Side,Up/Down
Tax Annual Amount: 8056
Tax Year: 2024
Water Source: Connected,Municipal
Year Built: 1960
Other Features
Has Cooling System
Has Heating System
Plumbing: Mixed
Property Attached
Walls: Dry Wall
$ 6,009.66
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 6,009.66

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