$545,000
$595,000
8.4%For more information regarding the value of a property, please contact us for a free consultation.
55 East Main Road Little Compton, RI 02837
5 Beds
3 Baths
2,417 SqFt
Key Details
Sold Price $545,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,417 sqft
Price per Sqft $225
MLS Listing ID 72504546
Sold Date 04/20/20
Bedrooms 5
Full Baths 3
Year Built 1930
Annual Tax Amount $2,777
Tax Year 2019
Lot Size 7.500 Acres
Acres 7.5
Property Sub-Type 3 Family
Property Description
Opportunity Awaits! Situated on 7.5 serene acres filled with character and charm this home is the farm coast Airbnb investment you have been dreaming of. Comprised of 3 spacious legal units, this multi family is rare to Little Compton, offering both seasonal and yearly rental options. Interior features include hardwood flooring, crown moulding, private entrances, in unit washer/dryer hookups, and immense natural light. Exterior offers 3 private deck spaces ideal for grilling and entertaining, 3 Car Garage with attached 14x30 workshop/studio space, and ample parking. Upgrades include 5 Bedroom Septic System, Separate Individual Electric Meters, & 10 year young roof. If desired this quaint farmhouse can be converted back to a single family residence. Ideal Location minutes to Sakonnet Vineyards, local beaches, and the center of town. Buyer pays Little Compton Agricultural Conservancy Tax at closing.
Location
State RI
County Newport
Zoning RES
Direction GPS to 55 East Main
Rooms
Basement Full, Concrete
Interior
Interior Features Unit 1(Walk-In Closet, Bathroom With Tub & Shower, Open Floor Plan), Unit 2(Crown Molding, Bathroom With Tub & Shower), Unit 3(Bathroom With Tub & Shower), Unit 1 Rooms(Kitchen, Living RM/Dining RM Combo, Mudroom), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Kitchen, Living RM/Dining RM Combo, Office/Den)
Heating Unit 1(Hot Water Radiators), Unit 2(Hot Water Radiators), Unit 3(Hot Water Radiators)
Cooling Unit 1(None), Unit 2(None), Unit 3(None)
Flooring Wood, Vinyl, Laminate, Unit 1(undefined), Unit 2(Hardwood Floors, Wood Flooring), Unit 3(Hardwood Floors, Wood Flooring)
Appliance Unit 3(Range, Refrigerator), Oil Water Heater, Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer, Utility Connections Varies per Unit
Laundry Washer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 1(Washer & Dryer Hookup)
Exterior
Exterior Feature Rain Gutters, Garden, Outdoor Shower, Stone Wall, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
Garage Spaces 3.0
Community Features Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Conservation Area, House of Worship, Marina, Public School
Utilities Available for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup, Varies per Unit
Waterfront Description Beach Front, 1 to 2 Mile To Beach, Beach Ownership(Public)
Roof Type Shingle
Total Parking Spaces 10
Garage Yes
Building
Lot Description Cleared, Farm, Level
Story 4
Foundation Stone, Granite
Sewer Private Sewer, Other
Water Private
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Bought with Connor Dowd • Keller Williams Realty of Newport