Courtesy: Williams & Stuart Real Estate
401-942-0200
Enjoy stunning year-round views at this unique two cottage multi-family, located on more than half an acre of tree-lined property, directly on Stafford Pond. Unit 106 has been recently renovated with "coastal" finishes throughout, and installation of a new ductless HVAC mini-split in the sunroom. Unit 108 currently serves as a month-to-month rental - allowing for an immediate revenue source - and features an open floorplan and summer 2024 bathroom renovation. The property offers waterfront decks, a fixed dock, kayak launch, two large storage sheds, and ample parking. NO flood insurance required! Just a short drive to Rt. 24, the quaint shops and cafes of Tiverton's Four Corners, and Fall River's major retailers. Whether you're seeking an investment opportunity or personal retreat, this property is a must-see!
This property consist of a single family ($2500), 2 family and 4 family which are all 2 bedroom units ($6075) buildings all on the same lot. This property includes 7 garages at $700 dollars. The property gross's $9275 per month. All tenants are long term tenants (TAW). All utilities are metered separately. City sewer & water. one unit is vacant, ready to be rented and easily shown. Property has been the same owner, well maintained and updated over the last 50 years.
Tiverton is located in Rhode Island. Tiverton, Rhode Island has a population of 15,870. Tiverton is less family-centric than the surrounding county with 22.39% of the households containing married families with children. The county average for households married with children is 26.77%.
The median household income in Tiverton, Rhode Island is $75,716. The median household income for the surrounding county is $75,463 compared to the national median of $57,652. The median age of people living in Tiverton is 50.2 years.
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 22.1 degrees. The average rainfall is approximately 49.5 inches per year, with 36.6 inches of snow per year.
