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Home Massachusetts Tiverton Multi-Family Homes for Sale

106 108 Forand Lane Tiverton, RI 02878

$750,000
2 Unit
2 Beds
2 Baths
1680 SQFT
0.52 Acre
106 108 Forand Lane
Tiverton, RI 02878

Property Description

This two cottage multi-family - located in a prime location on Stafford Pond - offers a unique opportunity for those seeking an investment property and/or personal retreat. Both cottages are winterized, and sit directly on private, unobstructed waterfront. Unit 106 has been recently renovated, including new finishes throughout, and installation of a ductless HVAC mini-split in spring 2024. Unit 108 underwent a bathroom renovation this summer, and currently serves as a long-term rental (allowing for an immediate revenue source upon closing). The property offers a fixed dock, ramp, ample parking, and stunning sunset views. Just a short drive to Rt. 24, the quaint shops and cafes of Tiverton's Four Corners, and Fall River's major retailers. Don't miss this chance to obtain a two-unit waterfront property this season!

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 2
  • Total Bedrooms: 2
  • Total Full Baths: 2
  • Amenities: Conservation Area, Highway Access, Shopping
  • Common Interior Features: Bathroom with Shower Stall, Ceiling Fans, Pantry, Slider, Tile Floor, Upgraded Cabinets, Upgraded Countertops
  • Common Appliances: Dryer, Microwave, Range, Refrigerator, Washer, Washer Hookup
  • Common Heating: Common, Electric Baseboard, Extra Flue, Forced Air, Gas, Gas, Heat Pump, Heat Pump, Hot Air Gravity, Hot Water Baseboard, Oil, Oil, Radiant, Steam
  • Common Cooling: None

Financial

  • APOD Available: No
  • Gross Operating Income: 14400
  • Net Operating Income: 14400

Utilities

  • Electric Info: 100 Amps, 200 Amps, Individually Metered, Other (See Remarks)
  • Energy Features: Insulated Windows, Storm Doors
  • Utility Connections: for Electric Dryer, for Electric Range, Washer Hookup
  • Water: Shared Well
  • 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

Construction

  • Year Built: 1930
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Tile, Vinyl, Wall to Wall Carpet
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73269978
  • Last Updated: 07/26/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
07/26/2024New$750,000$446MLSPIN

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Map & Resources

Seller's Representative: Leslie Heller, Williams & Stuart Real Estate
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: n/a
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

© 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 2024-07-26 11:58:00

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