OPPORTUNITY! Fully rented mixed-use property! Unique property! 2 buildings on one lot with a garage and an outbuilding or she shed. This property offers 3 rented apartments that are 2 bedrooms each; the main Cape house has an in-law; and one mixed-use space is currently being rented by a florist! The residential units offer seven bedrooms. There is parking for at least 20 cars. The traffic on Atwood Avenue is excellent for the business space. The business and its equipment are NOT for sale. This space could be perfect for an owner-occupied person who wants to have a business. This could be a salon, a florist, lawyer's office, CPA, or a barbershop—many possibilities. Why not step out of your home, walk two steps, and you are at work! This property has been owner-occupied since 1987. The one-car garage has been converted to a "man-town" room with a new jacuzzi. This garage could very easily be converted back to a one-car garage. If the owner is occupying, you would enjoy the 20% homestead exemption on taxes. Don't let this opportunity pass you by! This property has a "possible" buildable lot for an accessory dwelling unit. Lot 10 was merged into lot 11. BUYERS TO DO THEIR OWN DUE DILLIGENCE RELATING TO THIS MATTER.
Sold for $700,000
$700,000
1041 Atwood Ave, Johnston, RI 02919
6beds
4,132sqft
Multi Family
Built in 1950
-- sqft lot
$796,200 Zestimate®
$169/sqft
$2,530 Estimated rent
Home value
$796,200
$740,000 - $852,000
$2,530/mo
Zestimate® history
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New jacuzzi
Zillow last checked:
Listing updated:
Listed by:
Victoria Antonelli 401-465-8886,
Century 21 Limitless Prg
Bought with:
Robert Perillo, REB.0019403
Riparian Real Estate Group
Source: StateWide MLS RI,MLS#: 1349736
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Bathroom
- Features: Bath w Tub & Shower
Heating
- Natural Gas, Baseboard, Gas Connected
Cooling
- None
Appliances
- Included: Gas Water Heater, Exhaust Fan, Oven/Range, Refrigerator
- Laundry: Off Site
Features
- Wall (Dry Wall), Wall (Paneled), Stairs, Plumbing (Mixed), Insulation (Unknown), Ceiling Fan(s)
- Flooring: Ceramic Tile, Carpet
- Basement: Full,Bulkhead,Partially Finished,Bath/Stubbed,Family Room,Utility
- Number of fireplaces: 2
- Fireplace features: Gas
Interior area
- Total structure area: 4,942
- Total interior livable area: 4,132 sqft
Property
Parking
- Total spaces: 21
- Parking features: Detached
- Garage spaces: 1
Features
- Stories: 2
Lot
- Size: 0.4 Acres
Details
- Parcel number: JOHNM0006L011
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Paneled, Brick, Vinyl Siding
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Electric: 150 Amp Service
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Near Public Transport, Commuter Bus, Highway Access, Hospital, Interstate, Public School, Restaurants, Schools, Near Shopping
- Subdivision: Atwood
HOA
- Has HOA: No
Location
- Region: Johnston
Financial & listing details
- Price per square foot: $169/sqft
- Tax assessed value: $376,600
- Annual tax amount: $10,330
- Date on market: 9/26/2024
- Inclusions: Buyers are to do their own due diligence relating to "old lot 10" the possible buildable lot for an accessory dwelling unit. The current owner has a survey and plans for a 2-car garage with an apartment over it. This is a R-15 zoned mixed use property. The flower shop business and equipment is not included in this sale. The building with the flower shop has a hardwired fire alarm system that is checked every 3 months. There are 4 separate electrical services. The hard-wired "system" will possibly need it's own dedicated line or service. The flower shop rent is $2, 000.00 per month; the rent from the in-law is not listed; it is $1, 000.00 per month. The building on the left, the cape, was built in 1950, and the building on the right, flower shop built in 1978.
- Total actual rent: 6200
- Tenant pays: Heat
Price history
| Date | Event | Price |
|---|---|---|
| 3/18/2024 | Sold | $700,000-6.7%$169/sqft |
Source:  StateWide MLS RI #1349736 Report a problem | ||
| 1/22/2024 | Pending sale | $749,900$181/sqft |
Source: StateWide MLS RI #1349736 Report a problem | ||
| 1/10/2024 | Contingent | $749,900$181/sqft |
Source: StateWide MLS RI #1349736 Report a problem | ||
| 1/2/2024 | Listed for sale | $749,900+158.6%$181/sqft |
Source: StateWide MLS RI #1349736 Report a problem | ||
| 10/30/2002 | Sold | $290,000$70/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,882 | $376,600 |
| 2024 | -- | $376,600 +45.4% |
| 2023 | -- | $259,000 |
| 2022 | -- | $259,000 |
| 2021 | -- | $259,000 +15.1% |
| 2018 | $10,857 +32.7% | $225,000 |
| 2016 | $8,183 +37.2% | $225,000 +9.4% |
| 2015 | $5,963 +9.9% | $205,700 -9.7% |
| 2010 | $5,426 -9.1% | $227,900 -25.6% |
| 2009 | $5,970 +3.1% | $306,300 |
| 2007 | $5,792 +47.9% | $306,300 +28.3% |
| 2004 | $3,915 -9.2% | $238,700 +45.6% |
| 2003 | $4,311 | $163,900 |
Find assessor info on the county website
Neighborhood: 02919
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Nearby schools
GreatSchools rating
- 5/10Thornton SchoolGrades: 1-5Distance: 0.4 mi
- 6/10Nicholas A. Ferri Middle SchoolGrades: 6-8Distance: 2.1 mi
- 5/10Johnston Senior High SchoolGrades: 9-12Distance: 2.3 mi
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Estimated market value
$796,200
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Estimated market value
$796,200
- Rhode Island
- Providence County
- Johnston
- 02919
- 1041 Atwood Ave
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