40 Hemlock AVE Pending

Narragansett,RI 02882

$ 1550000

9 Beds

3 Baths

3838 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 3,838 sqft

Price per Sqft $403

Subdivision Point Judith

MLS Listing ID 1368553

Bedrooms 9

Full Baths 3

Year Built 1960

Annual Tax Amount $8,056

Tax Year 2024

Lot Size 0.430 Acres

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

Interior

Heating Baseboard,Propane

Cooling Window Unit(s)

Flooring Carpet,Ceramic Tile,Hardwood,Vinyl

Inclusions Landlord intermittently occupied as vacation home and did not pursue seasonal renters

Laundry Common Area,In Unit

Exterior

Utilities Available Sewer Connected

Building

Foundation Concrete Perimeter

Sewer Connected,Public Sewer

Water Connected,Public

Structure Type Drywall,Vinyl Siding

New Construction No

View More
Favorite Go Tour