Sold for $825,000

$825,000

50 King St, East Greenwich, RI 02818

6beds

3,200sqft

Multi Family

Built in 1850

-- sqft lot

$-- Zestimate^®

$258/sqft

$6,774 Estimated rent

Home value

Not available

Estimated sales range

Not available

$6,774/mo

Zestimate^® history

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$4,375/mo

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$4,375/mo

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What's special

Loft style unitOff street parkingOpen conceptPrivate entrance

Your chance to own a piece of history in Historic Downtown East Greenwich, the Varnum Bailey House. Offering 4 units all with off street parking. Unit 1 is the entire 1st flr boasting 3 beds, 1 bath, large living room and eat in kitchen with its own private entrance. On the second level are two 1 bed 1 bath units on either end of the building, 1 looking over King St and the other tucked away in the back overlooking the backyard parking area. Upstairs discover a 4th loft style unit overlooking Main St with 1 bed 1 bath and open concept. All have separate utilities and updated fire systems. Full foundation and basement with exterior bulkhead access. Home is very well kept however could use some cosmetic updates. Rare opportunity to own a 4 unit property walking distance to shopping, dining, nightlife and the beautiful waterfront on Greenwich Cove.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4
Full bathrooms: 4

Heating

Natural Gas, Baseboard

Cooling

None

Appliances

Laundry: Off Site

Features

Wall (Plaster), Plumbing (Mixed), Insulation (Unknown)
Flooring: Hardwood, Carpet
Basement: Full,Interior Entry,Unfinished
Number of fireplaces: 1

Interior area

Total structure area: 2,551
Total interior livable area: 3,200 sqft

Property

Parking

Total spaces: 6
Parking features: No Garage

Features

Stories: 2

Lot

Size: 4,791 Square Feet
Features: Local Historic District

Details

Special conditions: Conventional/Market Value

Construction

Type & style

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

Materials

Plaster, Clapboard
Foundation: Stone

Condition

New construction: No
Year built: 1850

Utilities & green energy

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

Community & HOA

HOA

Has HOA: No

Location

Region: East Greenwich

Financial & listing details

Price per square foot: $258/sqft
Annual tax amount: $7,888
Date on market: 9/26/2024
Total actual rent: 4425
Tenant pays: Hot Water, Heat

Price history

Date	Event	Price
12/4/2024	Sold	$825,000-5.7%$258/sqft
Source: StateWide MLS RI #1365063 Report a problem
10/22/2024	Pending sale	$875,000$273/sqft
Source: StateWide MLS RI #1365063 Report a problem
9/19/2024	Listed for sale	$875,000$273/sqft
Source: StateWide MLS RI #1365063 Report a problem
8/31/2024	Contingent	$875,000$273/sqft
Source: StateWide MLS RI #1365063 Report a problem
8/20/2024	Listed for sale	$875,000+16.7%$273/sqft
Source: StateWide MLS RI #1365063 Report a problem
9/27/2023	Listing removed	--
Source: StateWide MLS RI #1344003 Report a problem
9/15/2023	Listed for sale	$750,000$234/sqft
Source: StateWide MLS RI #1344003 Report a problem