Hope Valley Multifamily Investment
1088 Main Street, Hopkinton, RI 02832
- Added:
- Aug 4, 2025
- Days on Market:
- 283
- Last Refresh:
- May 13 at 12:06 pm
Property Features for 1088 Main Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Zoning
- R-1
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bedroom 5, Basement, Bedroom 2, Bathroom 1, Bathroom 3, Bedroom 4, Bedroom 1, Bathroom 2
- Parking
- 4
- Parking features
- Garage
- Patio and Porch features
- Porch
- Interior features
- Wall (Dry Wall), Attic, Plumbing (Mixed), Insulation (Unknown)
- Exterior features
- Porch
- Appliances
- Electric Water Heater, Dryer, Exhaust Fan, Range Hood, Oven/Range, Refrigerator, Washer
- Standard status
- Active Under Contract
- Lot size
- 1.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6535
Utilities
- Sewer type
- Septic Tank
- Heating system
- Oil, Baseboard
- Cooling system
- Window Unit(s)
- Water source
- Private, Well
- Water front features
- Waterfront
- Water front
- 1
Building Details
- Year built
- 1900
- Floors in Building
- 3
- Number of units
- 3
- Flooring type
- Hardwood, Laminate, Carpet
- Building materials
- Dry Wall, Shingles, Wood
Listing agent Delaine Wright (401) 596-6333
Listing office Coldwell Banker Coastal Homes 29 Post Road, Westerly, RI (401) 596-6333
Listing date Aug 4, 2025
MLS# 1391717
Listing URL
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Multifamily property with 3 units, perfect for owner‑occupancy or rentals.
- Waterfront property on the Wood River with a large, private backyard.
- Convenient location with easy access to Rt 95 and Rt 138.
- Historic charm with spacious, bright units built in 1900.
- Investment potential, value can be increased through renovations.
- Affordable multifamily opportunity in a growing area.
Overview
This three-unit multifamily property is located in the rural setting of Hope Valley, directly abutting the Wood River. Constructed in 1900, the property offers a blend of historic charm and investment potential. The units are spacious and bright. Units 1 and 2 each feature two bedrooms, while unit 3 on the top floor offers one bedroom. Situated on a 1.24-acre lot, the property includes an expansive and private backyard suitable for gardening, relaxation, or access to the river. The property is zoned R-1. The property needs some renovations, which could significantly increase its value. It is suitable for owner-occupants, long-term rentals, or short-term vacation rentals. The location provides easy access to Route 95 for travel north to Providence and Boston, west on Route 138 to Connecticut, and south or east to the Rhode Island shore.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Hopkinton
- County
- Washington
- State
- Rhode Island
- Longitude
- -71.709248
- Latitude
- 41.510498
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Three-unit property in Hope Valley with river access.
Where is this triplex located?
The property is located at 1088 Main Street Hopkinton, RI.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: Multifamily property with 3 units, perfect for owner‑occupancy or rentals.; Waterfront property on the Wood River with a large, private backyard.; Convenient location with easy access to Rt 95 and Rt 138.
