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618 Great Rd

North Smithfield, RI 02896
  • $329,000
  • STATUS: Active
  • MLS #: 72970621
$329,000
  • 4
    BEDS
  • 0.09
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 3,154
    SQFT
  • $104
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1915
County:
Area:

School Ratings & Info

Listing courtesy of Stacy Corrigan of Peace Of Mind Property Management & Real Estate, Inc..

Description

ATTENTION INVESTORS - This property has been producing for years! Centrally located in desirable North Smithfield you will never be without tenants. With long term paying tenants in place you could have a turn key investment with the ability to add value over time. Due to cesspool, FHA 203K, Conventional financing or CASH purchase are only options. There are talks with the town about connecting to Sewer but nothing concrete yet. Water connection available. New Well pump installed 2016. New Gas Line and (2) new Gas fired Forced Hot Water Boilers installed in 2020. 2nd floor unit has lead compliance certificate. Mulit-Family properties in North Smithfield don't come up often. With the right improvements this property could gain $100K in equity very quickly! (Check out the recent sold on Branch Ave MLS ID 1288359) Check out the 360 Tour and Schedule your viewing today!

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-07-02T00:11:04.13.
www.dna-realty.com/homes/127987360
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618 Great Rd North Smithfield, RI 02896

  • Price: $329,000
  • Status: Active
  • On Site: Days
  • MLS #: 72970621
4
Beds
2
Baths
0
½ Baths
0.09
Acres
3,154
SQFT
$104
$/SQFT
1915
Built
Neighborhood:
Branch River
County:
Providence
Area:
Other
Property Description
ATTENTION INVESTORS - This property has been producing for years! Centrally located in desirable North Smithfield you will never be without tenants. With long term paying tenants in place you could have a turn key investment with the ability to add value over time. Due to cesspool, FHA 203K, Conventional financing or CASH purchase are only options. There are talks with the town about connecting to Sewer but nothing concrete yet. Water connection available. New Well pump installed 2016. New Gas Line and (2) new Gas fired Forced Hot Water Boilers installed in 2020. 2nd floor unit has lead compliance certificate. Mulit-Family properties in North Smithfield don't come up often. With the right improvements this property could gain $100K in equity very quickly! (Check out the recent sold on Branch Ave MLS ID 1288359) Check out the 360 Tour and Schedule your viewing today!
Exterior Features

Beachfront No Construction Frame Foundation Fieldstone Lot Description Level Parking Spaces 3 Road Type PublicPublicly Maint. Roof Material Asphalt/Fiberglass Shingles Waterfront Flag No Waterview Flag No

Interior Features

Basement Yes Basement Features FullBulkheadDirt FloorUnfinished Basement Bedrooms Unit1 2 Bedrooms Unit2 2 Cooling Units 0 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Floors Unit1 1 Floors Unit2 2 Full Baths Unit1 1 Full Baths Unit2 1 Half Baths Unit1 0 Half Baths Unit2 0 Heat Units 2 Levels 2 Levels Unit1 1 Levels Unit2 1 Rooms 8 Rooms Unit1 4 Rooms Unit2 4

Property Features

Adult Community No Amenities Public TransportationShoppingSwimming PoolTennis CourtParkWalk/Jog TrailsGolf CourseMedical FacilityLaundromatBike PathConservation AreaHighway AccessHouse Of WorshipPrivate SchoolPublic SchoolUniversity Apod Available Yes Assessments 175600.00 Disclosure Yes Disclosures Attached To Listing. Property Currently Serviced By Cesspool. Town is Waiting For Answer On Funds To Connect To Sewer Will Hear in About 8 - 9 Months. Seller Has Estimate Of $30K For New Septic And is Willing To Offer A Credit Or Check At Closing For it's Replacement. New Garage Door On Order. Gross Operating Income 21300 Lead Paint Unknown Lease Unit1 N Lease Unit2 N Lender Owned No Lot 250 Multifamily Type 2 Family - 2 Units Up/Down Net Operating Income 21300 Rent Unit1 925 Rent Unit2 850 Sewer Other (See Remarks) Short Sale Lender App Required No Sq Ft Includes Basement No Sq Ft Source Public Record Tax Year 2021 Taxes 2870.00 UFFI Unknown Water Individual Meter Year Built Description Actual Year Built Source Public Record Zoning Bn

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Stacy Corrigan of Peace Of Mind Property Management & Real Estate, Inc..


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-07-02T00:11:04.13.
 
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DNA Realty Group | Keller Williams Realty
138 River Rd #107
Andover MA, 01810
Listing courtesy of Stacy Corrigan of Peace Of Mind Property Management & Real Estate, Inc..