448 George Waterman Rd

2,079 Sq. Ft.
$176 / Sq. Ft.
2,079
Sq. Ft.
$176
per Sq. Ft.

Description

Situated in the heart of Johnston, RI, 448 George Waterman Rd is a two-family home full of potential, eagerly awaiting a handyman's touch or an investor's vision. This property stands on an unusually large and oversized lot, offering a wealth of possibilities for expansion or potential development. It's a golden opportunity for builders and investors, with the land itself serving as a blank canvas for creative endeavors. The building is currently fully occupied, with both units rented out, making...Situated in the heart of Johnston, RI, 448 George Waterman Rd is a two-family home full of potential, eagerly awaiting a handyman's touch or an investor's vision. This property stands on an unusually large and oversized lot, offering a wealth of possibilities for expansion or potential development. It's a golden opportunity for builders and investors, with the land itself serving as a blank canvas for creative endeavors. The building is currently fully occupied, with both units rented out, making it an immediate income-generating asset. A young roof, replaced just 7 years ago, and gas heating systems updated 12 years ago ensure the property's mechanics are solid. Additionally, there's a detached garage, which also contributes to the property's income, as it is presently rented out. This is more than a building; it's a chance to sculpt a profitable future. Whether your plan involves refurbishing and enhancing its current state or leveraging the extensive lot for new projects, 448 George Waterman Rd is where opportunity meets the promise of return.
  1. Listed by Slocum Home Team • Brokerage DRE #REC.0010643 • SLOCUM
    P: (401)-491-4535 hello@slocumhometeam.com

Amenities

  • Attic
  • Basement
  • Detached Garage
  • Detached Parking
  • Full Basement
  • Garage
  • Gas Heat
  • Golf Course Community
LISTING CLOSED: 03/28/2024 12:00 AM

Property Details for 448 George Waterman Road

StatusClosed
MLS #1352043
Days on Market7
Taxes$5,508 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1935
Lot Size0.39 AC / 16,988 SF
CountyProvidence County

Location

Listing Courtesy of SLOCUM

Sold By Century 21 Limitless PRG

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Building Information for 448 George Waterman Road

Stories2Residences2Year Built1935Building Size-Lot Size0.39 AC / 16,988 SF

Payment Calculator

$2,314 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,855

Property Taxes

$459

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 448 George Waterman Road

Summary
Location and General Information
  • City: Johnston
  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Courts
  • Postal City: Johnston
  • Postal Code: 02919
  • State Or Province: RI
  • Human Modified Y N: Yes
Parking
  • Attached Garage Y N: No
  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage Y N: Yes
  • Parking Features: Detached, Garage
  • Parking Total: 5
Taxes and HOA Information
  • Tax Annual Amount: $5,508.00
  • Tax Assessed Value: 360000
  • Tax Lot: 52
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Above Grade Fin SQFT: 2079.0
  • Building Area Total: 2079.0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.39
  • Lot Size Area: 16988.0
  • Lot Size Square Feet: 16988.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 448GEORGEWATERMANRDJOHN
  • 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: 1935
  • C L I P: 8,248,154,635
Utilities
  • Electric: Item100Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch
  • Foundation Details: Concrete Perimeter
Interior Features
  • Appliances: Gas Water Heater, Water Heater
  • Basement: Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 4
  • Cooling: None
  • Cooling Y N: No
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Hardwood, Vinyl
  • Heating: Gas, Hot Water
  • Heating Y N: Yes
  • Interior Features: Attic, Tub Shower
  • Patio And Porch Features: Porch
  • Rooms Total: 9
Multi Family
Income & Expenses Information
  • Operating Expense: $.00
Unit 1 Information
  • Actual Rent: $700.00
  • Type: Item2Bedroom
  • Unit Type Area: 912.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $1,300.00
  • Type: Item2Bedroom
  • Unit Type Area: 1167.0
  • Baths Total: 1
  • Beds Total: 2
  • 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 448 George Waterman Road

DateEvent & SourcePriceAppreciation
Mar 28, 2024

Sold

Rhode Island Association of REALTORS® #1352043

$365,000
Mar 5, 2024

Sold (Public Record)

Public Record #1529661797

$365,000
Feb 9, 2024

Contract Signed

Rhode Island Association of REALTORS® #1352043

DateEvent & SourcePrice
03/28/2024

Sold

Rhode Island Association of REALTORS® #1352043

$365,000
03/05/2024

Sold (Public Record)

Public Record #1529661797

$365,000
02/09/2024

Contract Signed

Rhode Island Association of REALTORS® #1352043

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

Public Records for 448 George Waterman Road

Taxable ValueLand$87,600Additions$272,400Total$360,000
Tax Record2025$5,623 ($469 / month)
Home Facts
Baths2Total Finished SqFt2,079 SqFtAbove Grade Finished SqFt2,079 SqFtUnfinished Basement SqFt1,167 SqFtStories2Lot Size17,178 SqFtStyleDuplexYear Built1935Year Renovated1935ZoningR15CountyPROVIDENCEAPNJOHN M:0038 L:052

Schools near 448 George Waterman Road

This home is within Johnston School District.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6 to 8
Public - 9 to 12
Public - 1 to 5
Rating
School
Distance
Thornton School
Public1 to 5

Nicholas A. Ferri Middle School
Public6 to 8

Johnston Senior High School
Public9 to 12

Brown Avenue School
Public1 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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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 SLOCUM

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.