$1,850,000
Active
New Listing
9 Beds3 Baths3,838 SQFT
Active

40 Hemlock Avenue Narragansett, RI 02882

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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.

  • Property TypeMulti-Family
  • NeighborhoodPoint Judith
  • CountyWashington
  • Taxes$8,056
  • HOA/Condo/Coop Fees$0
  • Days on Site0 Days
  • MLS StatusActive
  • MLS ID Number1368553
  • Home Size Source Public Records
  • Year Built1960
  • Lot Size0.43 Acres
  • Full Baths3
  • Partial BathsN/A

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General Features

  • Construction Vinyl Siding
  • Parking No Garage
  • Parking Spaces 9
  • Sewer Public Sewer
  • Electric 100 Amp Service
  • Basement Exterior EntryFullInterior EntryPartially Finished
  • Number of Stories 3
  • Acreage 0.43
  • Water Public
  • Property Sub Type Multi Family
  • Garage Spaces 0
  • Utilities Sewer Connected
  • Foundation Concrete Perimeter

Interior Features

  • Cooling Window Units
  • Heating BaseboardPropane
  • Appliances Water Heater
  • Flooring CarpetCeramic TileHardwoodVinyl
  • Interior BathtubStall ShowerTub Shower
  • Fireplaces 0
  • Laundry Features Common AreaIn Unit
  • Fireplace No

Community Features

  • Senior Community No

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Monthly Payment (Est.)

$9,065
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