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1540 Frenchtown Road

East Greenwich, RI 02818
  • $699,000
  • STATUS: Active
  • ON SITE: 7 Days
  • MLS #: 1312958
UPDATED: 119 min ago
$699,000
  • 7
    BEDS
  • 2.04
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,872
    SQFT
  • $243
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1959
County:

School Ratings & Info

Description

Investment Opportunity! Rare offering in EG on Frenchtown Rd across from the Tennis Courts & Playground 2 legal single family homes on over 2 acres. Great investment or owner occupy. 1540 Frenchtown built in 1959 offers a walk-out Ranch with 1912 sf of living space. First floor has 3 bedrooms 1 full bath, family room with built-ins, kitchen w/dining area, hardwoods, a 3 season room with new glass slider, updated finished lower walkout with 2 bedrooms, full bath family room and storage, a newer 5 year old roof, gas heat, vinyl siding and detached recently re-built garage being used as storage and a separate shed. 1544 Frenchtown built in 1969 offers a Ranch with 960 sf of living space, 2 bedrooms, 1 full bath, hardwoods, heated sunroom, full unfinished basement and an attached 1 car garage, 10 year old roof with new gutters and rear yard with whimsical zen gardens and vegetable garden. Excellent long-term month-to-month tenants in place who will commit to long term leases. Present income is $38,400 due to tenants being long-term and caring for property for out-of-state Seller. Rents can be much higher. Serviced by natural gas, 5 bedroom septic, town water. 2 Horses Permitted, Zoned F-2. Close to highways, airport, train and beaches. Discover all that EG has to offer, its' historic Main St, restaurants, marinas, yacht club, Goddard State Park beach, trails, golf, equestrian and more. Don't miss this opportunity.

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© 2022 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than The Martone Group | RE/MAX Properties are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or The Martone Group | RE/MAX Properties. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-06-24T23:37:43.297.
www.martonegroup.com/homes/129973115
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1540 Frenchtown Road East Greenwich, RI 02818

  • Price: $699,000
  • Status: Active
  • On Site: 7 Days
  • Updated: 119 min ago
  • MLS #: 1312958
7
Beds
3
Baths
0
½ Baths
2.04
Acres
2,872
SQFT
$243
$/SQFT
1959
Built
Neighborhood:
Frenchtown
County:
Kent
Area:
East Greenwich
Property Description
Investment Opportunity! Rare offering in EG on Frenchtown Rd across from the Tennis Courts & Playground 2 legal single family homes on over 2 acres. Great investment or owner occupy. 1540 Frenchtown built in 1959 offers a walk-out Ranch with 1912 sf of living space. First floor has 3 bedrooms 1 full bath, family room with built-ins, kitchen w/dining area, hardwoods, a 3 season room with new glass slider, updated finished lower walkout with 2 bedrooms, full bath family room and storage, a newer 5 year old roof, gas heat, vinyl siding and detached recently re-built garage being used as storage and a separate shed. 1544 Frenchtown built in 1969 offers a Ranch with 960 sf of living space, 2 bedrooms, 1 full bath, hardwoods, heated sunroom, full unfinished basement and an attached 1 car garage, 10 year old roof with new gutters and rear yard with whimsical zen gardens and vegetable garden. Excellent long-term month-to-month tenants in place who will commit to long term leases. Present income is $38,400 due to tenants being long-term and caring for property for out-of-state Seller. Rents can be much higher. Serviced by natural gas, 5 bedroom septic, town water. 2 Horses Permitted, Zoned F-2. Close to highways, airport, train and beaches. Discover all that EG has to offer, its' historic Main St, restaurants, marinas, yacht club, Goddard State Park beach, trails, golf, equestrian and more. Don't miss this opportunity.
Exterior Features

Construction Materials PlasterOtherShingle SidingVinyl Siding Covered Spaces 2 Exterior Features BreezewayPatioPaved Driveway Foundation Details Concrete Perimeter Garage YN Yes Lot Features Wooded Other Structures Barn(S)Outbuilding Parking Features AttachedGarage Parking Total 10 Patio And Porch Features PatioPorchScreened

Interior Features

Appliances DryerGas Water HeaterOvenRangeRefrigeratorWasher Basement FullPartially FinishedWalk-Out Access Basement YN Yes Cooling None Fireplace Features None Fireplace YN No Fireplaces Total 0 Flooring Ceramic TileHardwoodLaminateOtherVinyl Heating BaseboardGas Interior Features AtticBathtubTub ShowerCable Tv Window Features Thermal Windows

Property Features

Attached Garage YN Yes Business Type Other Community Features GolfHighway AccessMarinaNear HospitalNear SchoolsRecreation AreaShoppingTennis Court(S) Electric 100 Amp Service Horse Amenities Horses Allowed Inclusions Total Tax $6618.00 Reflects Both 1540 And 1544 Frenchtown Combined. Annual Expenses: TaxesInsuranceWater. Land Lease YN No Laundry Features In Unit Operating Expense 11000 Property Condition Fixer Property Sub Type Multi Family Senior Community YN No Sewer Septic Tank Tax Annual Amount 6618 Tax Assessed Value 315000 Tax Lot 33 Tax Year 2021 Water Source ConnectedPublicWater Tap Fee Zoning F2

Listing information © 2022 State-Wide Multiple Listing Service.
Listing provided courtesy of Re/Max Professionals.





© 2022 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than The Martone Group | RE/MAX Properties are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or The Martone Group | RE/MAX Properties. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-06-24T23:37:43.297.
 
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