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Address
63 Main Road, Tiverton, RI
Price
$ 525,000
Property Attributes
  • MLS#1350741
  • TypePending
  • CountyNEWPORT
  • CityTiverton
  • Zip02878
  • StyleMultiFamily
  • Year Built1900
  • Taxes$ 5117
  • Price$ 525,000
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage6902
  • Lot Size8,015 SqFt
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description

***Investors and Developers take notice*** This is a great opportunity to own a very spacious two-family property off of Main Road in Tiverton, RI. Both units are currently occupied by month-to-month tenants. The big upside to this property is that it previous was a four-family and can be converted back to a four-family after some repairs are completed on the units. On top of this there is a third floor in the property that can be converted to a spacious one bedroom after repairs are done. Utilites are still set up to be separated for a four-family property. There are also two garage spaces that are each being rented out for $135 a month. Both garage stalls are on month-to-month leases. This property is being sold "AS IS" and will not pass for an FHA loan. Call today to schedule a private showing.

Price History
2/14/2024 Listed $525,000

General Features

Sewer Cesspool
Heating Baseboard,Electric,Gas,Oil
Cooling Item1Unit
Possession Negotiable
Appliances GasWaterHeater
Zoning R30
HOA 0.0
Garage Spaces 2.0
Construction Materials VinylSiding
Year Built 1900
Electric Item440Volts
Property SubType MultiFamily
Tax Year 2022
County Newport
Operating Expense 8984.62
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
Garage Y/N Yes
Total Rooms 16
Status Pending
City Tiverton
Buyer Agent Compensation 2%
View Y/N No
Senior Community Y/N No
Total Units 2
Lot Size Square Feet 8015.04
Waterfront Y/N No
Carport Y/N No
Street Name Main
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 5117.56
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 40
Structure Type Apartment
Standard Status Pending
Tax Assessed Value 390700
Tax Lot 164
MobileHomeRemainsYN No

Interior Features

Basement Full,Unfinished
Flooring Hardwood,Laminate
Total Fireplaces 2
Total Stories 3
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Above Grade Finished Area 6902.0
Full Baths 4
Street Suffix Road
Total Bedrooms 8
Electric On Property Y/N No
LivingAreaSource PublicRecords
Total Baths 4

Exterior Features

Parking Features Detached,Garage
Water Source Connected
Total Parking 6.0
Lot Size Area 8015.04
Foundation Details ConcretePerimeter
Number of Buildings 2
Spa No
Building Area Total 6902.0
Lot Size Acres 0.184
Lot Size Units SquareFeet
Covered Spaces 2.0
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

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 Pending Average in 02878

Price
AVG $730K
$530K
Taxes
AVG $6,314
$5,117
Visits
AVG 141
84
Data Provided by Inside Real Estate®
Year Built
AVG 1987
1900

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