1088 Main St

$540,000
Price
5
Beds
5,184 Sq. Ft.
$104 / Sq. Ft.
5,184
Sq. Ft.
$104
per Sq. Ft.

Description

Discover this unique 3-unit multifamily property nestled in the scenic, rural setting of Hope Valley, directly abutting the area's beautiful Wood River. Expansive and private backyard with space for gardening, relaxing, or a walk to the river. Built in 1900, this property blends historic charm with investment potential. Units are deceivingly spacious and bright. Units 1 & 2 each have 2 bedrooms. Top floor unit #3 is a 1 bedroom space. Perfect for owner-occupants, long-term rentals, or short-term...Discover this unique 3-unit multifamily property nestled in the scenic, rural setting of Hope Valley, directly abutting the area's beautiful Wood River. Expansive and private backyard with space for gardening, relaxing, or a walk to the river. Built in 1900, this property blends historic charm with investment potential. Units are deceivingly spacious and bright. Units 1 & 2 each have 2 bedrooms. Top floor unit #3 is a 1 bedroom space. Perfect for owner-occupants, long-term rentals, or short-term vacation potential. Does need some TLC but with some attentive renovations, this property could significantly increase in value. Easy access to Rt 95 for points both north to Providence/Boston, west on Rt 138 to Ct, and south or east to the Rhode Island shore. Enjoy the serene surroundings and capitalize on this affordable multifamily opportunity in a growing area. Don't miss out properties like this don't come around often! DO NOT ENTER property without listing agent present!
  1. Listed by Delaine Wright • Brokerage DRE #REB.0012535 • Coldwell Banker Coastal Homes
    P: (401)-787-8165 delaine.wright@coldwellcoastal.com

Property Details for 1088 Main Street

Subdivision Name
Hope Valley
Architectural Style
Apartment
Waterfront Y N
Yes
Waterfront Features
River Access, Water Access, Walk To Water, Waterfront
LISTING UPDATED: 10/08/2025 12:22 AM

Property Details for 1088 Main Street

StatusActive
MLS #1391717
Days on Market126
Taxes$6,535 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1900
Lot Size1.24 AC / 54,014 SF
CountyWashington County

Location

Listing Courtesy of Coldwell Banker Coastal Homes
Add your commute

Building Information for 1088 Main Street

Stories3Residences3Year Built1900Building Size-Lot Size1.24 AC / 54,014 SF

Payment Calculator

$3,213 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,668

Property Taxes

$545

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1088 Main Street

Summary
Location and General Information
  • City: Hopkinton
  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Recreation Area, Restaurant
  • Postal City: Hopkinton
  • Postal Code: 02832
  • State Or Province: RI
  • Zoning: R-1
  • Human Modified Y N: No
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 4
Taxes and HOA Information
  • Tax Annual Amount: $6,535.00
  • Tax Assessed Value: 427400
  • Tax Lot: 00152
  • Tax Map Number: 027
  • Tax Year: 2025
Property
Lot Information
  • Above Grade Fin SQFT: 5184.0
  • Building Area Total: 5184.0
  • Frontage Length: 55
  • Living Area Source: Public Records
  • Lot Features: Wooded, Waterfront
  • Lot Size Acres: 1.24
  • Lot Size Area: 54014.0
  • Lot Size Square Feet: 54014.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 1088MAINSTHOPK
  • Stories Total: 3
  • Structure Type: Apartment
Property and Assessments
  • New Construction Y N: No
  • Number Of Units Total: 3
  • Property Condition: Fixer
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1900
  • C L I P: 3,125,796,649
Utilities
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Private, Well
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch
  • Foundation Details: Combination, Concrete Perimeter
Interior Features
  • Appliances: Dryer, Exhaust Fan, Electric Water Heater, Oven, Range, Refrigerator, Range Hood, Washer
  • Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 5
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Hardwood, Laminate, Carpet
  • Heating: Baseboard, Hot Water, Oil
  • Heating Y N: Yes
  • Interior Features: Attic, Tub Shower
  • Laundry Features: Common Area
  • Patio And Porch Features: Porch
  • Rooms Total: 14
Multi Family
Income & Expenses Information
  • Operating Expense: $.00
Unit 1 Information
  • Actual Rent: $900.00
  • Unit Type Area: 625.0
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $900.00
  • Type: TwoBedroom
  • Unit Type Area: 1250.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $900.00
  • Type: TwoBedroom
  • Unit Type Area: 1250.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Land Lease Y N: No

Property History for 1088 Main Street

DateEvent & SourcePriceAppreciation
Aug 4, 2025

Listed (Active)

Rhode Island Association of REALTORS® #1391717

$568,000
DateEvent & SourcePrice
08/04/2025

Listed (Active)

Rhode Island Association of REALTORS® #1391717

$568,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1088 Main Street

Taxable ValueLand$150,000Additions$277,400Total$427,400
Tax Record2025$6,535 ($545 / month)
Home Facts
Baths3Total Finished SqFt3,125 SqFtAbove Grade Finished SqFt3,125 SqFtStories3Lot Size54,014 SqFtStyleTriplexYear Built1900ZoningR-1CountyWASHINGTONAPNHOPK M:027 B:000 L:00152

Schools near 1088 Main Street

This home is within Chariho School District.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - 9 to 12
Public - PK to 4
Public - K to 4
Rating
School
Distance
Chariho Regional Middle School
Public5 to 8

Chariho High School
Public9 to 12

Hope Valley Elementary School
PublicPK to 4

Richmond Elementary School
PublicK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

1088 Main Street is a multi-family home for sale in Hopkinton, RI 02832. This property was listed for sale on August 4, 2025 by Coldwell Banker Coastal Homes, it's currently listed at $540,000. This listing's school district is Chariho School District. Nearby schools include Chariho Regional Middle School, Chariho High School and Hope Valley Elementary School. 1088 Main Street is a 5-bed, 3-bath, 5,184 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coldwell Banker Coastal Homes

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.