1019 Main Rd Tiverton, RI 02878
MULTI_FAMILY - Tiverton, RI
- Added:
- Jul 10, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 12 at 3:06 am
Property Features for 1019 Main Rd
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R40
- Bedrooms
- 2
- Bathrooms
- 3
- Rooms
- Bedroom 2, Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 1
- Parking
- 6
- Standard status
- Active
- APN
- M:119 B:108,473804
- Size
- 5,024 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5710
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 2
Listing agent Clifford Ponte License #9554597 (508) 677-3233
Listing office Keller Williams South Watuppa 275 Martine Street, Unit 109, Fall River, RI (508) 677-3233
Listing date Jul 10, 2026
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property sits on a 0.23-acre corner lot along Main Road, providing visibility for the retail component.
The listing is offered as a for-sale opportunity under zoning identified as R40, and the total property size is stated at 5,024 square feet.
Key Highlights
- 5,024 SF mixed‑use live‑work property on a 0.23‑acre corner lot
- Upper‑level apartment: 2 bedrooms, 2 full bathrooms, open‑concept kitchen and living, separate dining room and dedicated office
- Apartment includes generous closet storage throughout
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $128.4k | $25.56 |
| − Vacancy | −$8.5k | −$1.70 |
| EGI | $119.9k | $23.86 |
| − OpEx | −$36.0k | −$7.16 |
| NOI | $83.9k | $16.70 |
