Building Details

Year Built 1890

Listing Agency: Mako Realty

Listed By: Kiersten Luis Show Phone

Source: Teridegnan

Added: May 16 Changed: Aug 29 Last Checked: Aug 29 at 1:29PM

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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 Mako Realty

Investment Insights

Based on property information with market context.

Built in 1890, this three-unit triplex includes a consistent two-bedroom, one-bathroom layout in each residence. Interior updates include contemporary kitchen and bathroom finishes, while mini-split systems provide both heating and air conditioning throughout the property.

The property is located at 193 Shannock Village Road in Richmond, RI 02875. Its uniform unit configuration and updated core living spaces offer a straightforward multifamily layout for rental operations or an owner-occupant arrangement with additional units on site.

Key Highlights

• Three‑unit triplex with 2 bedrooms and 1 bathroom per unit
• Updated kitchens and bathrooms across all residences
• Mini‑split systems provide heating and air conditioning

Property Analytics

Property Profile

Current Use

Triplexes

Suggested Use

Top Pick Building Supply Plumbing Service Grocery & Convenience Store Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3

Residential units

Location Intelligence

Trade Area within ½ mile

37

Businesses Nearby

Explore this area Business Placement

Demographics for 02875, RI

350

Population

128

Households

2.7

Avg Household Size

45

Median Age

67%

College-Educated

100%

High-School Grad

1.8 sq mi

ZIP Area

194

Density / Sq Mi

$88,469

Median Household Income

$41,990

Median Earnings

$415,300

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Triplex - Three residential units pair refreshed kitchens and baths with heating and air conditioning.

Where is this triplex located?

The property is located at 193 Shannock Village Road Richmond, RI.

What is the asking price?

The asking price for this property is $649,900.

What are key features of this property?

This property features: Three‑unit triplex with 2 bedrooms and 1 bathroom per unit; Updated kitchens and bathrooms across all residences; Mini‑split systems provide heating and air conditioning