63 Main Rd

Tiverton, RI 02878

$475,000
Last Sold Price
8
Beds
6,902 Sq. Ft.
$69 / Sq. Ft.
6,902
Sq. Ft.
$69
per Sq. Ft.
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Closed 7/1/24
Closed 7/1/24

Description

Investors and Developers take notice This is a great opportunity to own a very spacious two-family property off of Main Road in Tiverton, RI. Both units are currently occupied by month-to-month tenants. The big upside to this property is that it previous was a four-family and can be converted back to a four-family after some repairs are completed on the units. On top of this there is a third floor in the property that can be converted to a spacious one bedroom after repairs are done. Utilites are...Investors and Developers take notice This is a great opportunity to own a very spacious two-family property off of Main Road in Tiverton, RI. Both units are currently occupied by month-to-month tenants. The big upside to this property is that it previous was a four-family and can be converted back to a four-family after some repairs are completed on the units. On top of this there is a third floor in the property that can be converted to a spacious one bedroom after repairs are done. Utilites are still set up to be separated for a four-family property. There are also two garage spaces that are each being rented out for $135 a month. Both garage stalls are on month-to-month leases. This property is being sold "AS IS" and will not pass for an FHA loan. Call today to schedule a private showing.
  1. Listed by Cesar Duarte Patricio • Brokerage DRE #REB.0018897 • Castle Keep Realty Corp.
    P: (401)-846-0386 Cesar@Castlekeeprealtynpt.com

Amenities

  • Air Conditioning
  • Baseboard Heating
  • Basement
  • Detached Parking
  • Electric Heat
  • Full Basement
  • Garage
  • Gas Heat
LISTING CLOSED: 07/01/2024 12:00 AM

Property Details for 63 Main Road

StatusClosed
MLS #1350741
Days on Market40
Taxes$5,118 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1900
Lot Size0.18 AC / 8,015 SF
CountyNewport County
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Location

Listing Courtesy of Castle Keep Realty Corp.

Sold By Keller Williams Coastal

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Building Information for 63 Main Road

Stories3Residences2Year Built1900Building Size-Lot Size0.18 AC / 8,015 SF

Payment Calculator

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$2,841 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,414

Property Taxes

$427

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 63 Main Road

Summary
Location and General Information
  • City: Tiverton
  • Postal City: Tiverton
  • Postal Code: 02878
  • State Or Province: RI
  • Zoning: R30
  • Human Modified Y N: Yes
Parking
  • Attached Garage Y N: No
  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage Y N: Yes
  • Parking Features: Detached, Garage
  • Parking Total: 6
Taxes and HOA Information
  • Association Fee: $.00
  • Tax Annual Amount: $5,117.56
  • Tax Assessed Value: 390700
  • Tax Lot: 164
  • Tax Year: 2022
Property
Lot Information
  • Above Grade Fin SQFT: 6902.0
  • Building Area Total: 6902.0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.184
  • Lot Size Area: 8015.04
  • Lot Size Square Feet: 8015.04
  • Lot Size Units: Square Feet
  • Number Of Buildings: 2
  • Parcel Number: 63MAINRDTIVR
  • Stories Total: 3
  • Structure Type: Apartment
Property and Assessments
  • Buyer Financing: Seller Financing
  • 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: 1900
  • C L I P: 4,061,207,026
Utilities
  • Electric: Item440Volts
  • Sewer: Cesspool
  • Water Source: Connected
Interior and Exterior Features
Exterior Features
  • Foundation Details: Concrete Perimeter
Interior Features
  • Appliances: Gas Water Heater
  • Basement: Full, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 8
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Fireplaces Total: 2
  • Fireplace Y N: Yes
  • Flooring: Hardwood, Laminate
  • Heating: Baseboard, Electric, Gas, Oil
  • Heating Y N: Yes
  • Rooms Total: 16
Multi Family
Income & Expenses Information
  • Operating Expense: $8,984.62
Unit 1 Information
  • Actual Rent: $1,500.00
  • Description: Month to Month
  • Type: Item4BedroomOrMore
  • Unit Type Area: 1867.0
  • Baths Total: 2
  • Beds Total: 4
  • Num of Full Baths: 2
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $1,500.00
  • Description: Month to Month
  • Type: Item4BedroomOrMore
  • Unit Type Area: 1867.0
  • Baths Total: 2
  • Beds Total: 4
  • Num of Full Baths: 2
  • Num of Half Baths: 0
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 63 Main Road

DateEvent & SourcePriceAppreciation
Jul 1, 2024

Sold

Rhode Island Association of REALTORS® #1350741

$475,000—
Mar 25, 2024

Contract Signed

Rhode Island Association of REALTORS® #1350741

—
Feb 14, 2024

Listed (Active)

Rhode Island Association of REALTORS® #1350741

$525,000—
DateEvent & SourcePrice
07/01/2024

Sold

Rhode Island Association of REALTORS® #1350741

$475,000
03/25/2024

Contract Signed

Rhode Island Association of REALTORS® #1350741

—
02/14/2024

Listed (Active)

Rhode Island Association of REALTORS® #1350741

$525,000

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

Public Records for 63 Main Road

Taxable ValueLand$77,100Additions$443,300Total$520,400
Tax Record2025$5,750 ($479 / month)
Home Facts
Baths4Total Finished SqFt4,585 SqFtAbove Grade Finished SqFt4,585 SqFtUnfinished Basement SqFt1,588 SqFtStories3Lot Size8,015 SqFtStyleDuplexYear Built1900Year Renovated1900ZoningR30CountyNEWPORTAPNTIVE M:101 B:164

Schools near 63 Main Road

This home is within Tiverton School District.
Rating
School
Type
Grades
Distance
Pocasset School
Public - PK to 4
Tiverton Middle School
Public - 5 to 8
Tiverton High School
Public - 9 to 12
Ranger School
Public - PK to 4
Rating
School
Distance
Pocasset School
PublicPK to 4

Tiverton Middle School
Public5 to 8

Tiverton High School
Public9 to 12

Ranger School
PublicPK 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.

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Nearby home values

AddressSold priceBedsBathsSqftLot AC
245 Chace Avenue, Tiverton, RI 02878
$335,000
5
2,321
0.22
65 Main Road, Tiverton, RI 02878
$500,000
–
–
8,850
0.56
243 Chace Avenue, Tiverton, RI 02878
$325,000
2
1,131
0.16
50 Main Road, Tiverton, RI 02878
$69,500
–
–
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71 Main Road, Tiverton, RI 02878
–
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–
–
0.23

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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 Castle Keep Realty Corp.

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.