40 Hemlock AV, Narragansett, RI 02882

$1,850,000  |  9 Bedrooms  |  3 Bathrooms  |  2-4 Units Multi Family  |  Side/Side  |  MLS # 1368553

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
City Narragansett
Historic None
Interior
Living Area 0 Sq.Ft.
# Rooms 16
Floors Ceramic, Hardwood, Vinyl, Wall to Wall Carpet
Plumbing Mixed
Wall Dry Wall
Hot Water Tank
Cooling Window Units
Electric 100 Amps
Basement Access Interior and Exterior
Basement Finish Partially Finished
Basement Rooms Bathroom, Bedroom(s), Family Room, Kitchen, Utility
Basement Type Full
FurnishedNo
Exterior
Exterior Vinyl Siding
Garage Desccription None
Foundation Type Concrete
Parking Spaces 9
Sewer Connected, Municipal
Acreage 0.4300
Additional Information
Assessment $1,230,000
Assessor Lot 288
Assessor Plat N
Occupancy Close 1-45 Days
Water Supply Connected, Municipal

Listing Office: Churchill & Banks Co., LLC
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. © 2016 State-Wide Multiple Listing Service. All rights reserved.

Information is deemed reliable but is not guaranteed

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. ©2024 State-Wide Multiple Listing Service. All rights reserved.