28 Park Avenue South Kingstown

$1,749,900
33,541 sq ft

The Property

INVESTORS TAKE NOTE. The opportunity is a 10,168 sqft, 15+/- unit, Victorian home on a double, sub-dividable lot. 28 Park Ave is located in the desirable Matunuck neighborhood and just a short walk from amazing local beaches, surf, and restaurants.

The additional building lot creates a rare opportunity for expansion or new construction.

With strong rental demand driven by proximity to local beaches, downtown Wakefield, the University of Rhode Island, shopping, dining, and major commuter routes, this asset is well-positioned for long-term growth. This property is in need of some renovation to a number of the units to maximize your return while a number of them are ready for rent. Buyers to do their own diligence of potential uses.

Put your mark on this iconic Rhode Island town and property before someone else does!

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Listing Details

MLS Number

1415464

Lot Size:

0.77 acres

Features

  • Basement: Full
  • Golf
  • Marina
  • Restaurants
  • Near Swimming
  • Restaurant
  • Heating: Baseboard, Zoned
  • Heating Fuel: Baseboard, Zoned
  • Laundry
  • Historic
  • Suburban
  • Type: Victorian
  • Year Built: 1903

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Market Trends for Commercial Properties
in South Kingstown

  • Overview
    Homes for Sale Today18-81.3% decrease in inventory
    New on Market *2-33.3% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$0.02$2 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$0$0 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *%100% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$0.00$0 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *0 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by William Pitt Sotheby's Int'l

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