Sold for $799,900

$799,900

16-18 Paddy Hill Rd, Wakefield, RI 02879

7beds

2,120sqft

Multi Family

Built in 1910

-- sqft lot

$867,600 Zestimate^®

$377/sqft

$2,412 Estimated rent

Home value

$867,600

$807,000 - $928,000

$2,412/mo

Zestimate^® history

Owner options

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$2,412/mo

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$2,412/mo

Rent Zestimate^®

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$3,988/mo

Est. payment

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$3,988/mo

Est. payment

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What's special

Rare offering! 100% turn-key townhome-style duplex (4br/1.5ba & 3br/1.5ba) set on a quiet half acre oasis in the heart of walkable Wakefield/Peace Dale. Owner-occupied for 15+ years with too many improvements to list and thoughtfully designed with curated furnishings & fixtures now utilized as a cash flowing investment property grossing over $70,000/year. Meticulously maintained both inside and out, large front & back yards with beautiful landscaping, organic garden area, new Lakeside Trading outbuilding and more. Easy walk to both elementary and high schools, library, South County bike path, parks and recreation facilities, shops/dining and all that downtown has to offer, plus just a short drive to URI and area beaches. Ample parking and solid history of both yearly and short-term rental income. (Unit #16 is offered fully furnished and outfitted even down to the linens!). Perfect opportunity for owner-occupied, live/rent, and/or investment property. Shown by appointment only.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 4
Full bathrooms: 2
1/2 bathrooms: 2

Heating

Oil, Baseboard, Forced Water, Zoned

Cooling

Window Unit(s)

Appliances

Included: Dishwasher, Dryer, Exhaust Fan, Microwave, Oven/Range, Refrigerator, Washer
Laundry: In Building, In Unit

Features

Wall (Dry Wall), Wall (Plaster), Plumbing (Mixed), Insulation (Ceiling), Insulation (Unknown)
Flooring: Hardwood, Vinyl
Windows: Insulated Windows
Basement: Full,Interior and Exterior,Unfinished
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 2,350
Total interior livable area: 2,120 sqft

Property

Parking

Total spaces: 6
Parking features: No Garage, Driveway
Has uncovered spaces: Yes

Features

Stories: 2

Lot

Size: 0.41 Acres

Details

Additional structures: Outbuilding
Foundation area: 1175
Zoning: R10
Special conditions: Conventional/Market Value

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Dry Wall, Plaster, Other Siding, Shingles
Foundation: Stone

Condition

New construction: No
Year built: 1910

Utilities & green energy

Electric: Circuit Breakers
Utilities for property: Sewer Connected, Water Connected

Green energy

Energy efficient items: Water Heater

Community & HOA

Community

Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping, Tennis
Subdivision: Wakefield/Peace Dale

HOA

Has HOA: No

Location

Region: Wakefield

Financial & listing details

Price per square foot: $377/sqft
Annual tax amount: $3,673
Date on market: 9/26/2024
Inclusions: UNIT #18: STR (Airbnb - summer income approx $22, 500/year & academic lease Sept-May @ $2900/month. UNIT #16: Month-to-month tenant under market rent @ $2000/mo (tenant willing to increase rent to market rate).
Total actual rent: 6050
Tenant pays: Hot Water, Heat

Price history

Date	Event	Price
6/24/2026	Listing removed	$3,600$2/sqft
Source: Zillow Rentals Report a problem
6/3/2026	Price change	$3,600-4%$2/sqft
Source: Zillow Rentals Report a problem
5/18/2026	Price change	$3,750+4.2%$2/sqft
Source: Zillow Rentals Report a problem
5/1/2026	Listed for rent	$3,600$2/sqft
Source: Zillow Rentals Report a problem
5/11/2025	Listing removed	$3,600$2/sqft
Source: Zillow Rentals Report a problem
4/4/2025	Listed for rent	$3,600$2/sqft
Source: Zillow Rentals Report a problem
10/26/2024	Listing removed	$3,600$2/sqft
Source: Zillow Rentals Report a problem
9/27/2024	Listed for rent	$3,600+44%$2/sqft
Source: Zillow Rentals Report a problem
9/16/2024	Listing removed	$2,500-2%$1/sqft
Source: Zillow Rentals Report a problem
9/16/2024	Price change	$2,550-12.1%$1/sqft
Source: Zillow Rentals Report a problem
9/7/2024	Price change	$2,900-6.5%$1/sqft
Source: Zillow Rentals Report a problem
8/31/2024	Listed for rent	$3,100$1/sqft
Source: Zillow Rentals Report a problem
8/29/2024	Sold	$799,900$377/sqft
Source: StateWide MLS RI #1360958 Report a problem
8/8/2024	Pending sale	$799,900$377/sqft
Source: StateWide MLS RI #1360958 Report a problem
6/13/2024	Contingent	$799,900$377/sqft
Source: StateWide MLS RI #1360958 Report a problem
6/6/2024	Listed for sale	$799,900$377/sqft
Source: StateWide MLS RI #1360958 Report a problem