41.61404 -71.457954
$597,000
For Sale Under Contract
3 Bed
1 Full Bath
2 Half Bath
2,800Sqft
7,405Lot Size
Multi-Family in North Kingstown
This multi-use property has the best of both worlds: A commercial/office rental space and a 3 bedroom residential rental. With the commercial side located on the high traffic area of Post Road and the residential side set back on King Phillip Drive, both income generating spaces are able to maintain separate identities. Once inside the commercial side, you’ll notice the large waiting room area. There are several offices/rooms and plenty of space for a lab or additional office, as well as a break area for staff. The residential side has a one car garage with an enclosed breezeway connecting it to the home. The well portioned kitchen connects to a dining area and hallway leading to the living room and primary bedroom. A full bath is on the main floor as well. Two additional bedrooms are located upstairs. A full basement provides plenty of space for storage. Both units have seen upgraded utilities in recent years as well as newer paint. This property is a win-win for the investor, business owner or entrepreneur looking to take advantage of both the commercial and residential rental markets.
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Main Features

  • Listing Status: For Sale Under Contract
  • Year Built: 1944
  • Garage: 1.0
  • Rooms: 10
  • Full Bath: 1
  • Half Bath: 2
  • County: Washington
  • Taxes: $7,731.00
  • Subdivision: Quonsett
  • MLS Number:1320947

Additional Features

  • Cooling:
    • Central Air
  • Equipment:
    • Oven/Range
  • Flooring:
    • Ceramic
    • Hardwood
    • Wall to Wall Carpet
  • Interior Features:
    • Stairs
  • Walls:
    • Dry Wall
  • Bathroom Description:
    • Bath w Shower Stall
  • Laundry:
    • In Units
  • Fireplace:
    • None
  • Garage Type:
    • Attached
  • Type:
    • Side/Side
  • Basement Details:
    • Full
  • Basement Entry:
    • Interior Only
  • Basement Finished:
    • Partially Finished
  • Basement Rooms:
    • Laundry
    • Office
    • Storage Area
    • Utility
  • Foundation:
    • Concrete
  • Exterior:
    • Brick
    • Clapboard
  • Acres:
    • 0.17
  • Lot Description:
    • Sidewalks
  • Electric:
    • 200 Amps
  • Heat:
    • Undetermined
  • Heating Fuel:
    • Gas
  • Heating Paid By:
    • Tenant
  • Heating System:
    • Forced Air
  • Hot Water:
    • Electric
    • Individual
  • Sewer:
    • Septic System
  • Handicap Access:
    • Ramps (No steps)
  • Number of Buildings:
    • 1
  • Water:
    • Connected
  • Contract Type:
    • Inspection Period
  • Above Grade SQFT:
    • 2800
  • Basement Percent Finished:
    • 10
  • Listing Website:
    • https://my.matterport.com/show/?m=MfwiUaCtYZp
  • Lot Size Sq Ft:
    • 7405
  • Onsite Parking Spaces:
    • 1
  • Total Parking Spaces:
    • 2

Compensation Info

  • * Compensation Comments:
    • 1.75% of net sale to RI MLS agent
  • * Compensation to Cooperating Broker:
    • 1.75% net sale
  • *Offer of Cooperative Compensation is made only to licensed brokers who are Participants in State-Wide MLS.
38 Red Oak Way Wakefield RI 02879
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