Under contract

Active Under Contract

40 Hemlock Avenue

Narragansett RI, 02882

$1,550,000


$403.86 per sqft

Under contract

Active Under Contract

9 Beds

3 Baths

3,838 sqft

Multi-family

Built in 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.

1368553

MLS ID

September 13, 2024

Listed

October 28, 2024

Updated

Map

40 Hemlock Avenue
Narragansett RI, 02882

Interior Features

Total Stories

3


Bedrooms

9


Total Bathrooms

3


Full Bathrooms

3


Interior Features

Bathtub, Stall Shower, Tub Shower


Appliances

Water Heater


Laundry Description

Common Area, In Unit


Floor Description

Carpet, Ceramic Tile, Hardwood, Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Window Unit(s)


Heating

Yes


Heating Description

Baseboard, Propane

Exterior/Building Features

Lot Size

0.43 Acres


Sewer

Connected, Public Sewer

Other Property Details

Taxes

$8,056


Tax Frequency

Annually


Days on Market

44


Garage

No


Parking

No Garage


Parking Total

9


View

No


County

Washington


Water Source

Connected, Public


Pool

No

Listing History

Date

Event

Price

10/28/2024

Under contract

10/23/2024

Price change

$1,550,000

-3%

10/14/2024

Price change

$1,595,000

-4%

9/30/2024

Price change

$1,650,000

-6%

9/24/2024

Price change

$1,750,000

-6%

 

Courtesy of Churchill & Banks Co., LLC

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.

©2024 State-Wide MLS, Inc. All rights reserved.

Data last updated 2:18 AM UTC, 10/28/2024.

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