Cash / Investment Property

Multi-Family for Sale
Catylist Listing ID: 30523751
Number of Units: 2 Units
Building Size (RSF): 3,594 SF
Gross Building Area: See Agent
Gross Land Area: 60,000 SF
Sale Price: $265,000
Unit Price: $132,500 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/1/2019

Overview / Comments

ATTENTION INVESTORS & CASH BUYERS, Don't miss out on the opportunity to make this clubhouse (previously belonging to a country club) into a spectacular home, this has been recently recorded as residential with an in-law apartment so possibilities are endless. Large 10 bed septic passed title V, well water, outbuilding and detached garage. With this well-built structure, it is the perfect canvas to bring this home to life in a highly desirable and sought after area of Rehoboth. Downstairs you will find the former clubhouse gutted and just waiting to be transformed into a custom living space. Upstairs is a finished apartment featuring 3 bedrooms, 2 full baths, a kitchen and living room with vaulted ceilings. The former golf course has been subdivided into a mixture of Form "A" and retreat lots and will be surrounded by many beautiful new homes to come. "Property is being represented as a single family with an in-law not a two family." Will not qualify for financing.

Additional Details

Nearest MSA: Providence-Warwick
County: Bristol
Tax ID/APN: 9-41
Zoning: R-INLAW
Highway Access: 15 minutes to Providence or Fall River. Easy on/off highway access
Total Number of Buildings: 3

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 18,366 61,712
Median Age: 43.49 43.88
Households: 6,692 23,701


Photograph of Listing Agent

Diane F Aubin

Aubin Realty ECCPN Member
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