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Key Details
Sold Price $955,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,376 sqft
Price per Sqft $149
Subdivision Water Street
MLS Listing ID 1280646
Sold Date 07/15/21
Bedrooms 5
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 6,376
Year Built 1927
Annual Tax Amount $8,281
Tax Year 2020
Lot Size 0.771 Acres
Acres 0.7709
Property Description
Highly sought after Sakonnet View Apartments. This seven unit, residential building is perched on an idyllic, 3/4 acre lot overlooking the Sakonnet River. The possibilities are endless. This investment property has a very strong rental history. Six, one bedroom units, and one two bedroom unit. Many of these units featuring picture windows overlooking the water. Plenty of parking. A sprawling lawn just steps from the water. Most units leased till the end of November 2021. Financials available. Property has been well maintained over the years. Well maintained property with recent updates.
Location
State RI
County Newport
Community Water Street
Zoning R20
Rooms
Basement Full, Partially Finished, Walk-Out Access
Interior
Interior Features Tub Shower
Heating Baseboard, Oil
Cooling None
Flooring Carpet, Hardwood, Laminate
Fireplaces Type None
Fireplace No
Appliance Oven, Oil Water Heater, Range, Refrigerator
Laundry Common Area
Exterior
Community Features Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
Waterfront Description Walk to Water
View Y/N Yes
View Saltwater, Water
Total Parking Spaces 8
Garage No
Building
Foundation Concrete Perimeter
Sewer Septic Tank
Water Connected
Structure Type Drywall,Plaster,Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 177WATERSTPORT
Financing Cash
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Bought with Patriot Realty, Inc.