28 Park Avenue, South Kingstown, RI, 02879
1903
Victorian
INVESTORS TAKE NOTE. The opportunity is a 10,168 sqft, 15+/- unit, Victorian home on a double, sub-dividable lot. 28 Park Ave is located in the desirable Matunuck neighborhood and just a short walk from amazing local beaches, surf, and restaurants. The additional building lot creates a rare opportunity for expansion or new construction. With strong rental demand driven by proximity to local beaches, downtown Wakefield, the University of Rhode Island, shopping, dining, and major commuter routes, this asset is well-positioned for long-term growth. This property is in need of some renovation to a number of the units to maximize your return while a number of them are ready for rent. Buyers to do their own diligence of potential uses and subdivision. Put your mark on this iconic Rhode Island town and property before someone else does!
Status:
Active
Type:
Commercial
Furnished Remarks:
Unfurnished
Laundry Remarks:
Common Area
Units:
0
Heating:
Baseboard, Zoned
Cooling:
None
Basement:
Full
Parking:
16-car
Acreage:
0.77
Est. Taxes:
$8,669
Assessment
$969,700
Permitted Use
Multi-Family,Residential
Construction
Frame
Utilities
Electricity Available,Natural Gas Not Available
View Description:
Water
Amenities:
RestaurantGolf, Marina, Pool, Restaurant
Days on Market:
12
MLS #:
1415464
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of William Pitt Sotheby's Int'l 860-536-5900