$499,000

Estimated payment $3,061/month

Total Views 3,879
6 Beds
2 Baths
3,630 Sq Ft
$137 Price per Sq Ft

Highlights

  • Wood Flooring
  • Corner Lot
  • Thermal Windows
  • North Smithfield Middle School Rated A-
  • 1 Car Detached Garage
  • Porch

About This Home

Income generating multi-families in N Smithfield aren't very common..especially with being dually zoned for residential or business as well! This 2 Family located in the heart of North Smithfield is close to highway access, restaurants and shopping and could be a fantastic owner occupant or home business investment! The home, built in 1925, has a very solid feel to the structure and, while apartments could be rented out in their current condition, a fresh facelift and cosmetics could go a long way on building equity and higher rents. Each unit offers 3 bedrooms (one of the bedrooms on the first floor is currently set up as a large laundry room), full baths with tub/shower, wash pantries off the kitchen, and eat in kitchens with fridge and oven/range, as well as double living rooms with either exposed hard woods or carpet covered. Each unit also has its own enclosed porch, individual heating system and water heater - fired by gas. The electric is updated circuit breakers in dedicated panels as well. First floor has a forced hot air system and second is on its own forced hot water baseboard heating system. There is a detached one car garage structure for extra storage - aside from the massive unfinished walk out basement. Currently serviced by a private well (public is available in the street) and a cesspool type system, recently pumped. Being conveyed in as is condition and priced accordingly.

Listing Agent

Scott McGee

RE/MAX Properties Listed on: 08/05/2025

RE/MAX Properties

Co-Listing Agent

Kristen Moore

RE/MAX Properties License #REB.0016767

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,167

Year Built

  • Built in 1925

Lot Details

  • 4,792 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Brick Foundation
  • Combination Foundation
  • Block Foundation
  • Plaster

Interior Spaces

  • 3,630 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • Well
  • Gas Water Heater
  • Cesspool
  • Private Sewer

Listing and Financial Details

  • Tax Lot 247
  • Assessor Parcel Number 612GREATRDNSMF

Community Details

Overview

  • 2 Units
  • Branch Village Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Building Details

  • Operating Expense $4,167

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,167

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Co List Office Mls Id: RMAX19
  • Co List Office Phone: 401-232-3900
  • Inclusions: As is sale. May not pass FHA/VA/USDA financing without it being a renovation loan, due to peeling paint. Buyer and/or buyer agent to do diligence on BN Zoning for any desired business or commercial use prior to offers.
  • Subdivision Name: Branch Village
  • Above Grade Finished Sq Ft: 3630.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1925
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Other, Carpet
  • Interior Amenities: Tub Shower
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Drywall, Plaster
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Block, Brick/Mortar, Combination
  • Patio And Porch Features: Porch, Screened

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area, In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Forced Air, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers, SeparateMeters
  • Sewer: Cesspool, Other, Private Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Highway Access, Public Transportation, Restaurant, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 612GREATRDNSMF
  • Zoning: BN

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 4167.24

Tax Info

  • Tax Annual Amount: 4167.24
  • Tax Lot: 247
  • Tax Map Number: 005
  • Tax Year: 2025

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $4,319 $292,400 $47,900 $244,500
2023 $4,167 $292,400 $47,900 $244,500
2022 $4,067 $292,400 $47,900 $244,500
2021 $3,585 $220,100 $34,700 $185,400
2020 $3,585 $220,100 $34,700 $185,400
2019 $3,493 $220,100 $34,700 $185,400
2018 $3,341 $193,800 $44,500 $149,300
2017 $3,260 $193,800 $44,500 $149,300
2016 $3,171 $193,800 $44,500 $149,300
2015 $3,266 $195,800 $44,500 $151,300
2014 $3,137 $195,800 $44,500 $151,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 For Sale $499,000 -- $137 / Sq Ft
Source: State-Wide MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $100,000 --
Warranty Deed $100,000 --
Source: Public Records

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Source: State-Wide MLS

MLS Number: 1391822

State-Wide MLS

APN: NSMI-000005-000000-000247