Property Attributes
- MLS#73230313
- TypeMulti-Family
- CountyNEWPORT
- CityTiverton
- Zip02878
- Style4 Family
- Year Built1780
- Taxes$ 9023
- Price$ 990,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms2
- Sqr Footage5550
- Lot Size0.84 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Exceptional commercial opportunity on one of Tiverton, RI's busiest thoroughfares, ideal for visibility and accessibility. This property features 1 residential unit, 3 versatile office spaces, and a large garage unit—each offering potential for rental income. Contractors will appreciate the ample parking for vehicles and equipment, plus a climate-controlled lower walk-out unit perfect for storing materials and housing operations. Professionals such as accountants, lawyers, counselors and dentists will benefit from the high-traffic location, ensuring a steady flow of clients. Each of the 3 offices offers its own parking and separate entrances allowing 3 separate businesses to thrive without interfering with each other. Situated near vital amenities and business districts, this property combines convenience with investment potential, making it a prime choice for expanding operations and maximizing returns.
Price History | |
---|---|
4/30/2024 | Listed $990,000 |
General Features
Interior Features | Office/Den |
---|---|
Sewer | Private Sewer |
Zoning | GC |
Garage Spaces | 1 |
Exclusions | Seller's Personal Property Including The Vehicle Lift And All Tools And Equipment In The Garage |
Year Built | 1780 |
Property SubType | 4 Family |
Tax Year | 2023 |
Gross Income | 24600 |
County | Newport |
Net Operating Income | 24600 |
Operating Expense | 11065 |
Property Type | Residential Income |
Garage Y/N | Yes |
Total Rooms | 30 |
Status | Active |
Directions | Corner of Main & Pleasant |
City | Tiverton |
Disclosures | Buyer to measure all spaces and confirm dimensions. Buyer to verify zoning uses. Septic - DEM documents are attached - Buyer responsible for inspection. |
Senior Community Y/N | No |
Total Units | 4 |
Lot Size Square Feet | 36547 |
Waterfront Y/N | No |
Street Name | Main Rd |
Year Built Details | Approximate |
Tax Annual Amount | 9023 |
Electric Expense | 5518 |
Home Warranty Y/N | No |
Building Area Units | Square Feet |
Standard Status | Active |
Year Built Source | Public Records |
Tax Assessed Value | 605600 |
Total Actual Rent | 2050 |
Compensation Based On | Gross/Full Sale Price |
Sub-Agency Relationship Offered | No |
Interior Features
Basement | Partially Finished,Walk-Out Access |
---|---|
Total Stories | 6 |
Fireplace Y/N | No |
Full Baths | 1 |
Half Baths | 2 |
Total Bedrooms | 2 |
Total Baths | 3 |
Exterior Features
Parking Features | Off Street,Driveway |
---|---|
Lot Features | Corner Lot |
Water Source | Public |
Total Parking | 35 |
Lot Size Area | 0.84 |
Foundation Details | Stone,Slab |
Spa | No |
Building Area Total | 5550 |
Lot Size Acres | 0.84 |
Lot Size Units | Acres |
Covered Spaces | 1 |
Road Frontage Type | Public |
Open Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool