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
  • Heating System Uses Steam
  • 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

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

Range of Values:

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Sold Price
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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 Change Sq Ft Price
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
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 Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tony Lanni

    Seller's Agent in 2021

    Tony Lanni

    RE/MAX Preferred

    (401) 263-5281

    1 in this area

    127 Total Sales

    Tony Lanni
    Section Image
  • Christine Henson

    Buyer's Agent in 2021

    Christine Henson

    RI Real Estate Services

    (401) 413-1511

    10 in this area

    28 Total Sales

    Christine Henson
    Section Image
  • Neil Zartarian

    Seller's Agent in 2019

    Neil Zartarian

    GREATER R.I. PROPERTIES, LLC

    (401) 932-9005

    2 in this area

    11 Total Sales

    Neil Zartarian
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1279932

State-Wide MLS

APN: SKIN P:080-1 L:000055

Rhode Island Washington County Wakefield 02879

2172 Post Rd, Wakefield, RI

This home is located at 2172 Post Rd, Wakefield, RI 02879 since 12 April 2021. This property was built in 1900. 2172 Post Rd is a home located in Washington County with nearby schools including South Kingstown High School.

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