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Sold for $662,000 on 06/27/24
  • $662,000

    40 Maple Ave, Johnston, RI 02919

    9beds
    3,210sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $700,600 Zestimate®
    $206/sqft
    $1,926 Estimated rent

    Home value

    $700,600

    $617,000 - $792,000

    $1,926/mo

    Zestimate® history
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    $4,056/mo

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    What's special

    Introducing a remarkable multi-family property with an incredible investment opportunity! This captivating building consists of three units, each featuring three bedrooms and one bathroom. The units are generously sized, ensuring comfortable living spaces for all occupants. Convenience is another highlight of this property, as it offers laundry facilities in the basement, ensuring convenience for all residents. Moreover, the property boasts ample parking options, ensuring that both residents and their guests have plenty of space. Additionally, a two-car detached garage provides secure storage for vehicles or additional belongings. Currently, the rents are below market value- By adjusting the rental rates to match the market value, you can unlock the full potential of this property and maximize your return on investment. Whether you're an investor seeking an opportunity to increase rental income or a homeowner looking for a property with potential for additional cash flow, this multi-family gem is the perfect choice. Don't miss out on the chance to own this fantastic property that combines functionality, convenience, and the potential for significant financial gains. Contact us today for more information and to schedule a viewing!

    Zillow last checked: 8 hours ago

    Listing updated: June 27, 2024 at 12:10pm

    Listed by:

    The ALBA Group,

    Re/Max Innovations

    Bought with:

    Helene Dominguez, REB.0019144

    D'Empire Real Estate LLC

    Source: StateWide MLS RI,MLS#: 1353942MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas, Baseboard, Forced Water
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Laminate, Carpet
    • Basement: Full,Interior Entry,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 3,210
    • Total interior livable area: 3,210 sqft

    Property

    Parking
    • Total spaces: 11
    • Parking features: Detached
    • Garage spaces: 2
    Lot
    • Size: 10,018 sqft
    Details
    • Parcel number: JOHNM0002L084
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: 100 Amp Service
    • Utilities for property: Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Near Public Transport, Commuter Bus, Highway Access, Interstate, Private School, Public School, Recreational Facilities, Restaurants, Schools
    Location
    • Region: Johnston

    HOA & financial

    Other financial information
    • Total actual rent: 0

    Price history

    DateEventPrice
    6/27/2024Sold$662,000+5.9%$206/sqft
    Source: StateWide MLS RI #1353942
    3/25/2024Pending sale$625,000$195/sqft
    Source: StateWide MLS RI #1353942
    3/13/2024Contingent$625,000$195/sqft
    Source: StateWide MLS RI #1353942
    3/5/2024Listed for sale$625,000+199%$195/sqft
    Source: StateWide MLS RI #1353942
    5/7/2010Sold$209,000$65/sqft
    Source: Public Record

    Public tax history

    YearProperty taxesTax assessment
    2025$5,932 +2.1%$379,800
    2024$5,811 +4%$379,800 +57.9%
    2023$5,589 $240,500

    Find assessor info on the county website

    Neighborhood: 02919

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.

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    $700,600
    2% more+ $14,012
    With Zillow Showcase(estimated)
    $714,612