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South Kingstown,RI 02879
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,168 sqft
Price per Sqft $186
MLS Listing ID 1379709
Bedrooms 9
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 10,168
Year Built 1903
Annual Tax Amount $9,992
Tax Year 2024
Lot Size 0.770 Acres
Acres 0.77
Property Sub-Type Multi Family
Property Description
Step into a piece of history with 28 Park Avenue, an iconic building nestled in the heart of Matunuck, RI. Built in 1903, this legendary property boasts multiple units that offer incredible potential for development and improvement. Currently offering a mix of studio, 1 and 2 bedrooms, the property holds untapped potential to significantly increase rents through strategic upgrades, renovations, and reimagination. Additionally, plans once proposed an additional structure for apartments on the property, highlighting the site's potential for expansion. Whether you're looking to restore the charm of its historic roots or modernize it to meet today's market demands, 28 Park Ave offers flexibility to transform it into a high-demand, high-return asset. The location is prime for development just moments away from Matunuck Beach, renowned dining spots, and a vibrant seaside community. With the right vision and improvements, 28 Park Ave could become one of the most sought-after properties in the area. Don't miss your chance to own a piece of Matunuck's storied past with endless possibilities for the future.
Location
State RI
County Washington
Zoning R20
Rooms
Basement Full,Partially Finished,Walk-Out Access
Interior
Interior Features Bathtub,Stall Shower,Tub Shower
Heating Common,Oil
Cooling None
Flooring Ceramic Tile,Hardwood,Laminate,Other,Vinyl
Fireplace No
Appliance Oil Water Heater
Exterior
Community Features Golf,Highway Access,Marina,Near Hospital,Near Schools,Other,Public Transportation,Recreation Area,Restaurant,Shopping,See Remarks,Tennis Court(s)
Waterfront Description Walk to Water
View Y/N Yes
View Saltwater,Water
Total Parking Spaces 12
Garage No
Building
Foundation Combination,Concrete Perimeter
Sewer Septic Tank
Water Public
Structure Type Drywall,Plaster
New Construction No
Others
Senior Community No
Tax ID 28PARKAVSKNG