CCertihomes
28-30-32 Main Road, Tiverton, RI 02878

$1,400,000

0 beds 9 baths Built 1900Active

About this home

Rare opportunity to own one lot with three income-generating buildings! The first is a mixed-used building 28-32 Main Rd which has four residential units totaling 4, 270 sq ft and two retail storefront units totaling 1, 522 sq ft. The second building is 36 Main Rd which has one large storefront unit containing 2, 748 sq ft that could be split into two units. This includes a spacious storage room and bathroom in the back. Behind the storefront section of the building are two spacious garage units which offers 2, 457 sq ft. Finally there is 27 Rock St which has three garage units and a spacious office loft area above. Each floor of 27 Rock St offers 1, 118 sq ft. In total there are 13 rentable units grossing $98, 280 a year with below-market rents. This is an opportunity you do not want to miss. Call today to schedule your private showing.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$11,363/mo

Real estate (PITI + HOA + PMI)
$9,232
Principal + interest$6,350
Property tax + insurance$2,357
PMI / 2nd mortgage$525
Utilities
$4,877
Heating + cooling$2,292
Internet + TV + phone$127
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$127
$11,363/mo TLC
Budget$11,863/mo
Remaining after TLC$500/mo
Purchase price
$1,400,000
Down payment
$70,000 (5%)
Loan amount
$1,330,000
APR
4%

Quick facts

Type
COM
Style
Year built
1900
Lot size
0.44 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$7,899
MLS #
73233638
County
Newport

Home features

Roof
Asphalt/Composition Shingles

Neighborhood — 02878

MetricThis ZIPCountyUSA
Population15,3781,095,423299,088,112
Population Change Since19907.00%9.00%20.00%
Population Density498994
Male7,442529,266147,432,321
Female7,873566,157151,655,844
Never Married2,704266,40463,775,926
Married7,702435,678123,120,365
Separated40643,64212,639,686
Widowed1,04066,66815,467,586
Divorced93783,84323,075,029
Number Of House Hold5,620410,399111,826,380
Average House Hold Size2.722.562.60
Medial Age43.0537.2735.46
Median House Hold Income$56,780$47,553$48,276
Average House Hold Income$65,361$61,609$63,629
P C I$24,042$23,965$24,529
M D I$47,612$40,634$41,133
A T H E$52,499$49,940$50,898
S T R7.00%7.00%
W C J75.88%78.02%77.74%
(Zip) Code
2878

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

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MLSPIN

Listing information last refreshed 5/6/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.