Sold for $555,000

$555,000

38-42 Homestead Ave, North Smithfield, RI 02896

7beds

3,792sqft

Multi Family

Built in 1860

-- sqft lot

$691,400 Zestimate^®

$146/sqft

$2,021 Estimated rent

Home value

$691,400

$657,000 - $726,000

$2,021/mo

Zestimate^® history

Owner options

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$2,021/mo

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$2,021/mo

Rent Zestimate^®

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$2,860/mo

Est. payment

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$2,860/mo

Est. payment

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What's special

Brand new carpetVinyl flooring installedRebuilt chimneyNewer waterExterior stairwellRetaining wallHealthy roof

This lovely property boasts a fifth of an acre INTIMATE PARCEL of land with the yard bordered by the house, garages, and LUSH row of beautifully maintained HEMLOCK trees. The available OWNER'S UNIT on the third floor just had brand new carpet and vinyl flooring installed throughout. Two car garage available for OWNER'S use or rent for extra income. RENTAL INCOME from first and second floor units, help make home ownership in North Smithfield affordable. HIGH QUALITY tenants are LONG TERM, PAY ON TIME and treat the property LIKE THEIR OWN. HIGH EFFICIENCY hot water tank, newer water & gas lines, exterior stairwell and retaining wall, all in the past ten years. Healthy roof, rebuilt Chimney and TWO CAR GARAGE accessible from Woonsocket Hill Rd, add to all the ADVANTAGES this home has to offer. MULTIFAMILIES in North Smithfield are RARE so DON'T WAIT this property will sell quickly for over the list price. Check out the 360 TOUR at the link above and schedule your SHOWING TODAY!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 3
Full bathrooms: 3

Bathroom

Features: Bath w Tub & Shower

Heating

Natural Gas, Baseboard, Forced Water

Cooling

None

Appliances

Included: Gas Water Heater, Tankless Water Heater, Dryer, Oven/Range, Refrigerator, Washer
Laundry: Common Area, In Building

Features

Wall (Dry Wall), Wall (Paneled), Wall (Plaster), Wall (Wood), Stairs, Plumbing (Copper), Plumbing (Mixed), Plumbing (PVC), Insulation (Unknown), Ceiling Fan(s)
Flooring: Hardwood, Vinyl, Carpet
Windows: Insulated Windows, Storm Window(s)
Basement: Full,Interior and Exterior,Unfinished,Laundry,Storage Space,Utility
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 4,366
Total interior livable area: 3,792 sqft

Property

Parking

Total spaces: 10
Parking features: Detached
Garage spaces: 2

Features

Stories: 3
Patio & porch: Porch, Screened

Lot

Size: 8,999 Square Feet

Details

Additional structures: Outbuilding
Special conditions: Conventional/Market Value

Construction

Type & style

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

Materials

Dry Wall, Paneled, Plaster, Wood Wall(s), Vinyl Siding
Foundation: Brick/Mortar, Stone

Condition

New construction: No
Year built: 1860

Utilities & green energy

Electric: 100 Amp Service, 110 Volts, 220 Volts, Circuit Breakers
Sewer: Public Sewer
Water: Municipal
Utilities for property: Sewer Connected, Water Connected

Green energy

Energy efficient items: Water Heater
Water conservation: Efficient Hot Water Distribution

Community & HOA

Community

Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Recreational Facilities, Schools, Near Shopping, Near Swimming, Tennis
Subdivision: Union Square

HOA

Has HOA: No

Location

Region: North Smithfield

Financial & listing details

Price per square foot: $146/sqft
Annual tax amount: $4,242
Date on market: 9/26/2024
Inclusions: Income is with all three units occupied Professionally Managed since 2008 across two owners
Total actual rent: 4445
Tenant pays: Heat

Price history

Date	Event	Price
2/15/2024	Sold	$555,000+1.1%$146/sqft
Source: StateWide MLS RI #1350932 Report a problem
1/18/2024	Pending sale	$549,000$145/sqft
Source: StateWide MLS RI #1350932 Report a problem
1/12/2024	Listed for sale	$549,000+63.9%$145/sqft
Source: StateWide MLS RI #1350932 Report a problem
2/21/2019	Sold	$335,000$88/sqft
Source: StateWide MLS RI #1209277 Report a problem