INVESTORS TAKE NOTE. The opportunity is a 10,168 sqft, 15+/- unit, Victorian home on a double, sub-dividable lot. 28 Park Ave is located in the desirable Matunuck neighborhood and just a short walk from amazing local beaches, surf, and restaurants. The additional building lot creates a rare opportunity for expansion or new construction. With strong rental demand driven by proximity to local beaches, downtown Wakefield, the University of Rhode Island, shopping, dining, and major commuter routes, this asset is well-positioned for long-term growth. This property is in need of some renovation to a number of the units to maximize your return while a number of them are ready for rent. Buyers to do their own diligence of potential uses. Put your mark on this iconic Rhode Island town and property before someone else does!
| Location | |
|---|---|
| City/Town | South Kingstown |
| County | Washington |
| Community Features | Golf, Marina, Restaurants, Near Swimming, Restaurant |
| Interior | |
|---|---|
| Heating | Baseboard, Zoned |
| Cooling | None |
| Furnished | Unfurnished |
| Interior Features | Ceiling Height (7 to 9 Ft) |
| Additional Information | |
|---|---|
| Tax Assessment | $969,700 |
| Exterior | |
|---|---|
| Acreage | 0.77 |
Information is deemed reliable but is not guaranteed.
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