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$475,000   Price Analysis
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63 Main Rd
Tiverton, RI 02878
8 bed 4 bath 6,902 SqFt ($68/SqFt)
8,015SqFt lot. Built 1900
Listed 2024-02-14
USDA Eligible
near Tiverton, RI
 Restrictions may apply
due to home size

Investors and Developers take notice This is a fantastic opportunity to own a roomy two-family property off of Main Road in Tiverton

* No Longer For Sale *
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RI. Both units are currently occupied by month-to-month tenants. The big upside to this property is that it previous was a four-family and can be cnverted back to a four-family after some repairs are completed on the units. On top of this there is a third floor in the property that can be converted to a spacious one bedroom after repairs are done.

Utilites are still set up to be separated for a four-family property. There are also two garage spaces that are each being rented out for $135 a month. Both garage stalls are on month-to-month leases. This property is being sold AS IS and will not pass for an FHA loan. Call today to schedule a private showing.


Presented by Cesar Duarte Patricio at
Castle Keep Realty Corp.
Listing Agent Photo

Property MLS #1350741 from StateWide

Bedrooms: 8

Total Rooms: 16
Basement Features: Full, Bulkhead, Unfinished, Utility

Total Bathrooms: 4
Full Bathrooms: 4

Gas Water Heater

Cooling Features: Individual Unit
Heating Features: Electric, Natural Gas, Oil, Baseboard
Heating: Yes
Number of Fireplaces: 2

Flooring: Hardwood, Laminate

Covered Spaces: 2
Garage Spaces: 2
Parking Features: Detached
Parking Total: 6

Lot Size Acres: 0.184
Lot Size Square Feet: 8015

Number of Buildings: 2
Number of Units: 2

Calculated Total Monthly Association Fees: 0

Tenant Pays: Heat

Annual Tax Amount: 5117.560000000
Source Listing Status: Closed
County: Newport
Tax Year: 2022
Source Property Type: Residential Income
Postal City: Tiverton
Zoning: R30
Property Subtype: Multi Family
Source System Name: C2C

Sold 2024-07-01
$475,000
StateWide
Listed 2024-02-14
$525,000
StateWide

Electric: 440+ Volts
Sewer: Cesspool
Water Source: Connected

Year Built: 1900
Building Area Total: 6902
Building Exterior Type: Vinyl Siding
Construction Materials: Vinyl Siding
Foundation Details: Concrete Perimeter
Living Area Source: Public Records
Living Area Units: Square Feet
Property Age: 124
Property Attached: Yes
Levels or Stories: 3
Structure Type: Apartment, Up/Down
Total Above Grade Sqft Area: 6902

Tiverton High School is a public high school located approximately 3.1 miles away.
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Atlantis Charter School is a public elementary, middle and high school located approximately 0.3 miles away.
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Holy Trinity School is a private elementary and middle school located approximately 1.6 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.