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507 High St, South Kingstown, RI 02879

6 Bed, 4 Bath Multi-Family Home For Sale

507 High St, South Kingstown, RI 02879 House For Sale - MLS #1210329
$369,900
6
4
Multi-Family
3 Family
Listed By: Ri Real Estate Services

Property Description for 507 High St, South Kingstown, RI 02879

Investors take note. Rare Legal 3 Family in the heart of Peace Dale. Just a short walk to Wakefield and very close to URI. This property has a great rental history and produces a great cash flow. Updates include a new roof, 1st generation replacement windows, and electric heat in all 3 units. Zoned CD ( commercial downtown, which lends itself to many possibilities). This property once had approvals in hand for a new 5 unit building on the same lot (you would be responsible for getting the approvals reinstated).

Interior Details

5,460 sq. ft.
$67.75/sq. ft.
15
Connected
Connected
Attic Stairs; Attic Storage

Exterior Details

0.36 acres
15,682 sq. ft.
20
Cement Block; Concrete; Mixed

Other Details

1210329
1920
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(20%)

Monthly Mortgage Payments

$1,680
$2,340

Town Description

South Kingstown includes the villages of Kingston, West Kingston, Wakefield, Peace Dale, Snug Harbor, Tuckertown, East Matunuck, Matunuck, and Green Hill. Ocean Ridge, Perryville, Indian Lake, and...

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