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Listing 11 out of 13
$460,000 Pending

100 Ridge Rd
Smithfield, RI 02917

4 units | Multi Family Home
1.1 acres - MLS# 1218713
Property Photo
1/36

Description

Price drop from $499,900 To $ 460,000 Investors take advantage of this opportunity before some else does. This rare and desirable 4 unit town house style multifamily is a great owner occupant or investment property. Unique opportunity to own a great investment property located in Smithfield. Existing property is being used as a legal 4 unit apartment. Each unit has it's own separate entrance /bedrooms/bathrooms. Separate utilities, heating, electric. Laundry hook ups in units. Move in and collect rents from 1st, 3rd, and 4th unit. Unit 1: One bed one full bath. Unit 2: 2 bed 1.5 bath. Unit 3: 2 bed 1.5 bath. Unit 4: One bed one full bath. There is plenty of parking to accommodate all. Possible Rental Income: Avg 1 Bed Rent Avg 2 Bed Rent $1,392 $1,703 Additional possible rental sources Rhode Island College, Providence College, Bryant University,Twin River Casino and Hotel, Air B and B. Near 295 for easy highway access. Walk across the street to Olivia's Forest 31 acres donated to the city of Smithfield Land Trust by the Gallo Family and Annese Construction. Trails Green Dot Trail .27 miles, Orange Dot Trail .27 White Dot trail .14 miles

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Pending
  • County/Area: Providence County
  • Zip Code: 02917
  • Year Built: 1986
  • Style: Side/Side
  • Total Rooms: 12
  • Units: 4 units
  • Bedrooms: 6
  • Full Baths: 4
  • Half Baths: 2
  • Basement: Interior and Exterior, Unfinished, Full
  • Lot Size: 1.1 acres
  • Baths: 6
  • Zoning: R80
  • Approx Lot Square Foot: 47916.0000
  • Bath Description: Bath W Tub & Shower
  • Certificateof Legal Use: 1
  • Cooling: Individual Unit
  • Electric: 100 Amps
  • Equipment: Dishwasher, Oven/Range, Refrigerator
  • Exterior: Deck, Storm Door, Storm Window, Wood
  • Finished Floor: Ceramic, Vinyl, Wall To Wall Carpet
  • Heat Paid By: Tenant
  • Heating Fuel: Oil
  • Heating System: Baseboard, Forced Water
  • Hot Water: Oil
  • Insulation: Ceiling, Walls
  • Last Change Type: Pending
  • Laundry: Yes
  • Lot Description: Paved Driveway, Wooded
  • Main Type: 2-4 Units Multi Family
  • Near: Bus, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Railroad
  • Number Of Buildings: 4
  • Number Of Heat Systems: 4
  • Number Of Levels: 2
  • Onsite Parking Spaces: 8
  • Plumbing: Mixed
  • Selling Agent: Lisa Gagnon
  • Selling Office: Cooperative Real Estate Prfnls
  • Sewer: Septic System
  • Total Parking Spaces: 8
  • Unit Count: 4
  • Unit Ttl Bedrms MFM: 6
  • Unit Ttl Full Baths MFM: 4
  • Unit Ttl Half Baths MFM: 2
  • Wall: Dry Wall
  • Water Supply: Connected, Public Connected
Listed by: Keller Williams Realty

Salzberg Real Estate Agency
North Smithfield, RI 02896
Phone: 401-524-2647
Email: Bennett.property@gmail.com

Testimonials

I have known Doug and his wife Marilyn for many years. They have sold two houses for my parents and are now working with my boyfriend and I to purchase our first house. I wouldn't work with anyone else! user4030843
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