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OFF-MARKET
Investment properties

33 Money Hl Rd Chepachet, RI 02814

2,416 SF 4.82 ac lot Built 1780
Entity Owned 11-yr Hold
Property ID
US76-0355230
Property summary
AI-generated overview

This exceptional mixed-use property, located at 33 Money Hill Road in Glocester, Rhode Island, presents a unique investment opportunity. The 2,416 square foot, two-story building, recently relocated onto a new foundation with a basement, sits on a 1.6-acre lot in the R2 Village Overlay District. Boasting 220 feet of frontage along Money Hill Road, the property offers a level site with significant potential. The structure features a charming exterior, a beautifully designed front porch, and new Marvin windows and siding. A new septic system is also in place. While the interior requires complete renovation to suit the buyer's needs, the property's prime location and substantial size make it an attractive prospect for various commercial ventures. The building's existing structure provides a solid foundation for a wide range of development possibilities, capitalizing on its prominent road frontage and ample lot size. This is a rare opportunity to acquire a substantial property in a desirable location, ready for its next chapter. The zip code is 02814.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1780
Total area 2,416 SF
Lot 4.82 ac (209,829 SF)
Zoning code 2
APN GLOC M:10A B:030
UPID US76-0355230
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Elms LLC · 11 yrs held
Elms LLC
since 2015
7 recorded transactions
2015
Price N/A
2015
Price N/A
2015
$116,500
2014
$228,882
2013
Price N/A
2001
Price N/A
1999
$235,000
Zoning & alternative use
2 · Chepachet, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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