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You are here:
651 Main Rd, Tiverton, RI
124 Days on Boston Pads
0 Photos
$990,000
4 Unit
2 Beds
3 Baths
5550 SQFT
0.84 Acre
651 Main Rd
Tiverton, RI 02878

Property Description

Exceptional commercial opportunity on one of Tiverton, RI's busiest thoroughfares, ideal for visibility and accessibility. This property features 1 residential unit, 3 versatile office spaces, and a large garage unit—each offering potential for rental income. Contractors will appreciate the ample parking for vehicles and equipment, plus a climate-controlled lower walk-out unit perfect for storing materials and housing operations. Professionals such as accountants, lawyers, counselors and dentists will benefit from the high-traffic location, ensuring a steady flow of clients. Each of the 3 offices offers its own parking and separate entrances allowing 3 separate businesses to thrive without interfering with each other. Situated near vital amenities and business districts, this property combines convenience with investment potential, making it a prime choice for expanding operations and maximizing returns.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 6
  • Total Bedrooms: 2
  • Total Full Baths: 1
  • Total Half Baths: 2
  • Basement Features: Partially Finished, Walk Out
  • Common Rooms: Office/Den

Financial

  • APOD Available: Yes
  • Expenses Source: Estimated, Owner Provided
  • Gross Operating Income: 24600
  • Gross Expenses: 11065
  • Electric Expenses: 5518
  • Miscellaneous Expense: 1500
  • Net Operating Income: 24600

Utilities

  • Water: City/Town Water, Private
  • Sewer: On-Site, Private Sewerage

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Levels: 1

Unit 4 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1780
  • Type: 4 Family
  • Foundation Info: Fieldstone, Slab
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73230313
  • Last Updated: 08/30/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
08/30/2024Extended$990,000$178MLSPIN
08/04/2024Active$990,000$178MLSPIN
07/31/2024Extended$990,000$178MLSPIN
05/04/2024Active$990,000$178MLSPIN
04/30/2024New$990,000$178MLSPIN
04/01/2024Expired$1,100,000MLSPIN
01/12/2024Active$1,100,000MLSPIN
01/08/2024Price Change$1,100,000MLSPIN
01/06/2024Active$1,200,000MLSPIN
01/02/2024Reactivated$1,200,000MLSPIN
09/10/2023Active$1,200,000MLSPIN
09/06/2023New$1,200,000MLSPIN

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Map & Resources

Seller's Representative: David Ferreira, Fortified Realty Group

© 2024 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-08-30 13:20:00

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