Description
An absolutely unique property at the heart of URI, steps from the main campus. The property consists of 2 buildings with 6 separate apartments, ample parking and outdoor space. An amazing opportunity for an investor with gross income of $68,000 in 2025 and potential for further in the future. The property has a new roof, a new driveway, a new hot water heater and is fully rented with varying lease dates. Being sold as an LLC.
Property Id: 1322263
Price: $ 860,000
Property Lot Size: 0 ac
Rooms: 8
Bedrooms: 4
Bathrooms: 4
Accessibility Features: One Level
Basement: None, Unfinished
Bathrooms Full: 4
Building Area Total (sqft): 2013
Community Features: Bus, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Shopping, Near Swimming, Tennis
Construction Materials: Dry Wall, Clapboard, Masonry, Vinyl Siding, Wood
Cooling: None
Parking Total: 6
Electric: 100 Amp Service, Individual Meter
Fireplace Features: None
Flooring: Laminate
Foundation Details: Concrete Perimeter, Slab, Stone
Heating: Electric, Baseboard
Laundry Features: Off Site
MLS Listing #: 1423451
Living Area Source: Public Records
Living Area Units: Square Feet
Lot Size SQFT: 13939
MLS Status: Active
Number Of Units Total: 4
Parking Features: No Garage
Bathroom Features: Bath w Shower Stall
State: RI
Stories: 2
Street Name: Bills
Street Number: 50
StreetNumberNumeric: 50
Street Suffix: Road
Structure Type: Side/Side
Annual Taxes: 4111
Utilities: Sewer Connected, Water Connected
Year Built: 1900
Zoning: R-10
Address: 50 Bills Road
City: South Kingstown
Area: Uri/Kingston
State/County: Washington
Zip: 02881
Country: United States
Other Features
Electric Water Heater
Has Heating System
Insulation: Unknown
Oven
Plumbing: Mixed
Property Attached
Range
Refrigerator
Wall (Dry Wall)
$5,089.98
per month
- Principal and Interest
- Property Tax
- HOA fee
- Private Mortgage Insurance
$ 4,014.98
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