Last Sold Price
8 beds4,548 sqft$93/sqft
2172 Post Rd, South Kingstown, RI 02879

Description

$$$$$ AMAZING OPPORTUNITY to own this Turn-Key MONEY MAKING Cash Cow in the heart of South County! It's fully rented and located close to Everything: A Bike ride to the Beach, a short ride to URI, camping at Burlingame and a 1/4 mile to Route One. It's been well maintained with many updates: Vinyl siding, Architectural shingles, replacement windows and a bonus finishable 5th "studio space" unit for those with vision. Nestled on a huge lot with a back yard and plenty of off-street parking. Long term...$$$$$ AMAZING OPPORTUNITY to own this Turn-Key MONEY MAKING Cash Cow in the heart of South County! It's fully rented and located close to Everything: A Bike ride to the Beach, a short ride to URI, camping at Burlingame and a 1/4 mile to Route One. It's been well maintained with many updates: Vinyl siding, Architectural shingles, replacement windows and a bonus finishable 5th "studio space" unit for those with vision. Nestled on a huge lot with a back yard and plenty of off-street parking. Long term tenants pay their own utilities and with low rents, and it's still a Total CASH COW! That's the beauty of a 4 unit: You can set the rents low and still profit! Don't miss out on this Golden Opportunity! $$$$$
LISTING CLOSED: 06/24/2021 12:00 AM

  1. Listed by Tony Lanni • Brokerage DRE #REB.0014356 • RE/MAX Preferred
    P: (401)-263-5281 tonylanniri@gmail.com

Property Details for 2172 Post Road

Status
MLS #
1279932
Days on Market
52
Taxes
$4,825 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Multi Family
Year Built
1900
Lot Size
0.44 AC / 19,166 SF
Subdivision Name
Matunick

Location

Listing Courtesy of RE/MAX Preferred

Sold By RI Real Estate Services

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Building Information for 2172 Post Road

Stories2Residences4Year Built1900Building Size-Lot Size0.44 AC / 19,166 SF

Payment Calculator

$2,562 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,160

Property Taxes

$402

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2172 Post Road

Summary
Location and General Information
  • City: South Kingstown
  • Community Features: Highway Access, Near Schools, Recreation Area, Shopping
  • Postal City: South Kingstown
  • Postal Code: 02879
  • Postal Code Plus4: 7537
  • State Or Province: RI
  • 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: $4,825.00
  • Tax Assessed Value: 343000
  • Tax Lot: 55
  • Tax Year: 2020
Property
Lot Information
  • Above Grade Fin SQFT: 4548.0
  • Building Area Total: 4548.0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.44
  • Lot Size Area: 19166.0
  • Lot Size Square Feet: 19166.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 2172POSTRDSKNG
  • Stories Total: 2
Property and Assessments
  • Business Type: Other
  • Buyer Financing: Conventional
  • New Construction Y N: No
  • Number Of Units Total: 4
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1900
  • C L I P: 2,653,131,891
Utilities
  • Electric: Circuit Breakers
  • Sewer: Cesspool, Septic Tank
  • Utilities: Water Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Paved Driveway
Interior Features
  • Appliances: Oven, Oil Water Heater, Range, Refrigerator
  • Basement: Partial, Unfinished, Walk Out Access
  • Basement Y N: Yes
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 8
  • Cooling: None
  • Cooling Y N: No
  • Door Features: Storm Doors
  • Fireplace Features: Stone
  • Fireplaces Total: 1
  • Fireplace Y N: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate, Vinyl, Wood
  • Heating: Baseboard, Forced Air, Hot Water, Oil
  • Heating Y N: Yes
  • Interior Features: Cable Tv
  • Rooms Total: 18
  • Window Features: Storm Windows, Thermal Windows
Multi Family
Income & Expenses Information
  • Operating Expense: $3,900.00
Unit 1 Information
  • Actual Rent: $950.00
  • Description: 1st level
  • Unit Type Area: 0.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $750.00
  • Description: 1st level
  • Unit Type Area: 0.0
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $850.00
  • Description: 1st level
  • Unit Type Area: 0.0
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 4 Information
  • Actual Rent: $1,150.00
  • Description: 2nd level
  • Unit Type Area: 0.0
  • Baths Total: 1
  • Beds Total: 4
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 2172 Post Road

DateEvent & SourcePriceAppreciation
Jun 24, 2021

Sold

Rhode Island Association of REALTORS® #1279932

$425,000
Jun 23, 2021

Sold (Public Record)

Public Record #1465063620

$425,000

+20.4% / yr

Jun 3, 2021

Contract Signed

Rhode Island Association of REALTORS® #1279932

DateEvent & SourcePrice
06/24/2021

Sold

Rhode Island Association of REALTORS® #1279932

$425,000
06/23/2021

Sold (Public Record)

Public Record #1465063620

$425,000

+20.4% / yr

06/03/2021

Contract Signed

Rhode Island Association of REALTORS® #1279932

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

Public Records for 2172 Post Road

Taxable ValueLand$164,800Additions$256,300Total$421,100
Tax Record2025$3,765 ($314 / month)
Home Facts
Baths5Total Finished SqFt4,548 SqFtAbove Grade Finished SqFt4,548 SqFtUnfinished Basement SqFt224 SqFtStories2Lot Size19,166 SqFtStyleMulti-Family Res (5+ Units)Year Built1900Year Renovated1900ZoningCNCountyWASHINGTONAPNSKIN P:080-1 L:000055

Schools near 2172 Post Road

This home is within South Kingstown School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 7 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Matunuck School
PublicK to 5

Curtis Corner Middle School
Public7 to 8

South Kingstown High School
Public9 to 12

Peace Dale School
PublicPK to 5

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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 2172 Post Road, South Kingstown, RI 02879
$425,000
8
4,548
19,166
2,400
11,326
$250,000
3
4,835
21,780
$205,000
3
1.5
1,832
40,946
$300,000
2
1,536
37,026
$300,000
4
1,536
37,000

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Preferred

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.