Address
651 Main Rd, Tiverton, RI
Price
$ 990,000
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
Property vs Multi-Family Average in 02878
Price
Taxes
Visits
Year Built
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