Sold
Last Sold Price
6 beds2,272 sqft
26 Money Hill Rd, Glocester, RI 02814
Multi FamilyProperty Type
0.31 acresLot Size
1850Year Built
$236/sq ftPrice per sq ft
6 carsParking Spaces

Description

Completely TURNKEY investment property located in the heart of historic Chepachet, RI. Two family townhouse style home offers 3 bedrooms and 1 bath on each side, individual basements with laundry hook-ups, privacy decks and off-street parking for upto 6 cars. The home was completely renovated down to the studs by a high-end quality builder in 2021. Renovation included electric, plumbing, window, doors, roof, HVAC systems, and septic system. Inside you will find granite countertops, slow-close cabinetry,...Completely TURNKEY investment property located in the heart of historic Chepachet, RI. Two family townhouse style home offers 3 bedrooms and 1 bath on each side, individual basements with laundry hook-ups, privacy decks and off-street parking for upto 6 cars. The home was completely renovated down to the studs by a high-end quality builder in 2021. Renovation included electric, plumbing, window, doors, roof, HVAC systems, and septic system. Inside you will find granite countertops, slow-close cabinetry, tiled bathrooms, and low-maintenance LVT flooring. Both units are occupied with leased tenants. Tenants just renewed for another year and are good through March 2025. Nothing to do but collect the rent. Location makes this a prime investment property. Close to Rt. 44, Rt. 295, 30 minutes to Providence, and 10 minutes to CT border! Property is located directly on the iconic parade route for the Ancient & Horribles Parade. Tenants have front row seat from their porch. This property is the best investment opportunity in northern RI! OFFER DEADLINE TUESDAY 2/27 @ 5pm
  • Listed by: Georgi Morin 774.306.6002 georgi@sce-realestate.com Brokerage DRE #REB.0019048 • S.C.E. Real Estate
Listing closed: 03/22/2024 12:00 AM • Source: Rhode Island Association of REALTORS®, MLS#: 1353062

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Location

Listing Courtesy of S.C.E. Real Estate

Sold By Simplify Home Realty

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$3,304 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,859

Property Taxes

$446

HOA Dues

$0

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Property Information for 26 Money Hill Road

Property Details
  • Taxes: $5,348 / year
  • MLS Type: Residential Income / Multi Family
  • Subdivision Name: Historic Chepachet Village
Building Information
  • Stories: 2
  • Residences: 2
  • Year Built: 1850
  • Lot Size: 0.31 AC / 13,504 SF
Summary
Location and General Information
  • City: Glocester
  • Postal City: Glocester
  • Postal Code: 02814
  • State Or Province: RI
  • Zoning: 0003
  • Human Modified Y N: Yes
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 6
Taxes and HOA Information
  • Association Fee: $.00
  • Tax Annual Amount: $5,348.00
  • Tax Assessed Value: 375300
  • Tax Lot: 24
  • Tax Year: 2023
Property
Lot Information
  • Above Grade Fin SQFT: 2272.0
  • Building Area Total: 2272.0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.31
  • Lot Size Area: 13504.0
  • Lot Size Square Feet: 13504.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 2628MONEYHILLRDGLOC
  • Stories Total: 2
Property and Assessments
  • Buyer Financing: Conventional
  • New Construction Y N: No
  • Number Of Units Total: 2
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community Y N: No
  • Year Built: 1850
  • C L I P: 1,405,910,397
Utilities
  • Electric: Item200Amp Service
  • Sewer: Septic Tank
  • Water Source: Private, Well
Interior and Exterior Features
Exterior Features
  • Exterior Features: Deck
  • Foundation Details: Stone
Interior Features
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 6
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Ceramic Tile, Vinyl
  • Heating: Electric, Forced Air, Heat Pump
  • Heating Y N: Yes
  • Interior Features: Tub Shower
  • Laundry Features: In Unit
  • Patio And Porch Features: Deck
  • Rooms Total: 10
Multi Family
Income & Expenses Information
  • Operating Expense: $750.00
Unit 1 Information
  • Actual Rent: $1,800.00
  • Description: LEASE TILL 2/2025
  • Type: Item3Bedroom
  • Unit Type Area: 1000.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $2,000.00
  • Description: LEASE TILL 3/2025
  • Type: Item3Bedroom
  • Unit Type Area: 1000.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No
  • Listing Terms: Assumable

Property History for 26 Money Hill Road

DateEvent & SourcePriceAppreciation
Mar 22, 2024

Sold

Rhode Island Association of REALTORS® #1353062

$535,500—
Feb 29, 2024

Contract Signed

Rhode Island Association of REALTORS® #1353062

—
Feb 19, 2024

Listed (Active)

Rhode Island Association of REALTORS® #1353062

$499,900—
DateEvent & SourcePrice
03/22/2024

Sold

Rhode Island Association of REALTORS® #1353062

$535,500
02/29/2024

Contract Signed

Rhode Island Association of REALTORS® #1353062

—
02/19/2024

Listed (Active)

Rhode Island Association of REALTORS® #1353062

$499,900

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

Schools near 26 Money Hill Road

This home is within Glocester School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - 5 to 12
Rating
School
Distance
West Glocester Elementary School
PublicPK to 5

Ponaganset Middle School
Public6 to 8

Ponaganset High School
Public9 to 12

Harmony Hill School
Private5 to 12

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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Listing Courtesy of S.C.E. Real Estate

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.