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    40 Amos St Wakefield, RI 02879

    New
    Pending
    For Sale
    $499,000

    Apartment,Multi Family - South Kingstown, RI

    Property size:
    3,674 SF
    Lot size:
    1.11 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 40 Amos St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    9
    Bathrooms
    4
    Interior features
    Wall (plaster), Plumbing (mixed), Insulation (ceiling)
    Size
    3,674 SF
    Lot size
    1.11 Acres

    Utilities

    Heating system
    Baseboard

    Building Details

    Year built
    1880
    Floors in Building
    3
    Number of units
    3
    Flooring type
    Tile, Tile - Ceramic
    Building materials
    Plaster, Vinyl Siding
    Architectural style
    Other

    The Greene Realty Group (508) 517-4908 [email protected]

    Listing agent Derek Greene (860) 560-1006

    Listing date Dec 1, 2025

    MLS# 1400445 Listing URL

    Copyright © 2025 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.

    Overview

    Fire Damaged Multi-Unit Property

    This property features a large three-unit building with city water, sewer, and natural gas connections. The layout includes one five-bedroom, two-bathroom unit, and two two-bedroom, one-bathroom units, totaling nine bedrooms across all units. The five-bedroom townhouse unit sustained significant fire damage on the third floor, with subsequent water damage affecting lower levels. The roof has been vented. The two-bedroom unit on the first floor also experienced water damage, while the third unit remained undisturbed. Situated on a 1.1-acre lot, the property offers the potential for rehabilitation or the construction of five units, with the possibility of adding an Accessory Dwelling Unit (ADU). The building's total size is 3674 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wakefield
    County
    Washington
    State
    Rhode Island
    Longitude
    -71.492324
    Latitude
    41.448158

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    FAQs

    What type of property is this?
    Triplex - Three-unit property in South Kingstown with rehabilitation or redevelopment potential.
    Where is this triplex located?
    The property is located at 40 Amos St Wakefield, RI.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - 1.1 Acre Lot Size: Offers significant space and potential for development.; - Potential for 5 Units Plus ADU: Zoning allows for the construction of 5 units, with the possibility of adding an Accessory Dwelling Unit (ADU).; - Large 3-Unit Structure: Existing structure contains three separate units, providing a foundation for rehabilitation or redevelopment.
    (860) 560-1006
    Request Owner's contact information
    40 Amos St Wakefield, RI 02879
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    Wakefield, RI 02879
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    40 Amos St Wakefield, RI 02879
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