28 Park AVE Active

South Kingstown,RI 02879

$ 1900000

9 Beds

3 Baths

10168 SqFt


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

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