NOT LISTED FOR SALE

2172 Post Rd Wakefield, RI 02879

8 Beds
4 Baths
4,548 Sq Ft
0.44 Acres

Last Sold June 24, 2021

Last sale price $425,000 $93 Per Sq Ft

42 Days on Market

Highlights

  • Wood Flooring
  • Thermal Windows
  • Shops
  • Recreation Facilities
  • Storm Windows
  • Forced Air Heating System

About This Home

As of June 2021

$$$$$ AMAZING OPPORTUNITY to own this Turn-Key MONEY MAKING Cash Cow in the heart of South County! It's fully rented and located close to Everything: A Bike ride to the Beach, a short ride to URI, camping at Burlingame and a 1/4 mile to Route One. It's been well maintained with many updates: Vinyl siding, Architectural shingles, replacement windows and a bonus finishable 5th "studio space" unit for those with vision. Nestled on a huge lot with a back yard and plenty of off-street parking. Long term tenants pay their own utilities and with low rents, and it's still a Total CASH COW! That's the beauty of a 4 unit: You can set the rents low and still profit! Don't miss out on this Golden Opportunity!!! $$$$$

Last Agent to Sell the Property

Tony Lanni

RE/MAX Preferred License #REB.0018844 Listed on: 04/12/2021

RE/MAX Preferred

Last Buyer's Agent

Christine Henson

RI Real Estate Services License #RES.0041879

RI Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,825

Year Built

  • Built in 1900

Lot Details

  • 0.44 Acre Lot

Home Design

  • Wood Siding
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 4,548 Sq Ft Home
  • 2-Story Property
  • Stone Fireplace
  • Thermal Windows

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Oil Water Heater
  • Cesspool
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 55
  • Assessor Parcel Number 2172POSTRDSKNG

Community Details

Overview

  • 4 Units
  • Matunick Subdivision

Recreation

  • Recreation Facilities

Additional Features

  • Shops
  • Operating Expense $3,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,825

Year Built

Built in 1900

Lot Details

0.44 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Business Type: Other
  • Lot Size Acres: 0.44
  • Subdivision Name: Matunick
  • Above Grade Finished Sq Ft: 4548.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Oil Water Heater, Range, Refrigerator
  • Has Basement: Partial, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Door Features: Storm Door(s)
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate, Vinyl, Wood
  • Interior Amenities: Cable TV
  • Stories: 2
  • Window Features: Storm Window(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Vinyl Siding, Wood Siding
  • Exterior Features: Paved Driveway

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Forced Air, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Cesspool, Septic Tank
  • Utilities: Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 19166.0
  • Parcel #: 2172POSTRDSKNG
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 3900.0

Tax Info

  • Tax Annual Amount: 4825.0
  • Tax Lot: 55
  • Tax Year: 2020
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/24/2021 06/24/21 Sold $425,000 -14.1% $93 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $495,000 +59.7% $109 / Sq Ft
10/10/2019 10/10/19 Sold $309,900 -27.1% $68 / Sq Ft View Prior Sale
09/10/2019 09/10/19 Pending -- -- --
03/21/2019 03/21/19 For Sale $424,900 -- $93 / Sq Ft
Source: State-Wide MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,765 $421,100 $164,800 $256,300
2024 $4,392 $397,500 $126,700 $270,800
2023 $4,392 $397,500 $126,700 $270,800
2022 $4,353 $397,500 $126,700 $270,800
2021 $4,825 $333,900 $104,500 $229,400
2020 $4,825 $333,900 $104,500 $229,400
2019 $4,825 $333,900 $104,500 $229,400
2018 $5,378 $343,000 $100,800 $242,200
2017 $5,251 $343,000 $100,800 $242,200
2016 $5,176 $343,000 $100,800 $242,200
2015 $5,100 $328,600 $94,900 $233,700
2014 $5,087 $328,600 $94,900 $233,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1279932

State-Wide MLS

APN: SKIN P:080-1 L:000055

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