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Main Road Tiverton, RI 2878

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For Sale
$1,400,000

Three buildings with 13 rentable units grossing $98,280 annually.

Property size:
13,251 SF
Added:
May 5, 2024
Days on Market:
720
Last Refresh:
Apr 1 at 8:47 pm

Property Features for Main Road

General Information

Standard status
Active
Size
13,251 SF
Property subtype
Other

Building Details

Year Built
1900

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Listing Contact
Mary Abosso

Listing agent Mary Abosso

Listing office

Listing date May 5, 2024

Source Xome

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Mary Abosso


Overview

Mixed-Use Property with Income Potential

This property features three income-generating buildings. The first building, located at 28-32 Main Rd, is a mixed-use structure with four residential units totaling 4,270 square feet and two retail storefront units totaling 1,522 square feet. The second building, at 36 Main Rd, contains a 2,748-square-foot storefront unit that could be divided into two units. This unit includes a storage room and bathroom. Behind the storefront are two garage units offering 2,457 square feet. The third building, at 27 Rock St, has three garage units and an office loft area above. Each floor of the 27 Rock St building provides 1,118 square feet. In total, the property includes 13 rentable units, currently grossing $98,280 annually with below-market rents.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Storefront properties

Map

City
Tiverton
County
Newport
State
Rhode Island
Longitude
-71.1842497
Latitude
41.6729036

FAQs

What type of property is this?
Mixed-use property - Three buildings with 13 rentable units grossing $98,280 annually.
Where is this mixed-use property located?
The property is located at Main Road Tiverton, RI.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Three income‑generating buildings on one lot offer great investment potential.; Total of 13 rentable units provide a steady income stream.; Current gross annual income of $98,280.
More about this property
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