Property Description

Unique chance to invest in a 5-unit property in Tiverton! This property is just across the state line and boasts brand new vinyl siding, a roof that's only 3 years old, a fenced yard, and separate electric and gas. It includes a total of 5 units: 4 with 2 bedrooms and 1 with 1 bedroom, all fully occupied with only 1 lease in place the remainder are TAW. The property has had some upgrades in recent years and would make a fantastic addition to any investor's portfolio. Multi-family homes in Tiverton are hard to find, so don't miss out on this opportunity!

Property Details tap to expand

Building Information

  • Total Units: 5
  • Total Floors: 9
  • Total Bedrooms: 9
  • Total Full Baths: 5
  • Amenities: Public Transportation, Shopping
  • Basement Features: Crawl, Dirt Floor, Full, Interior Access, Mixed, Walk Out
  • Common Rooms: Kitchen, Living RM/Dining RM Combo, Living Room
  • Common Appliances: Range, Refrigerator
  • Common Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard, Space Heater

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 62700
  • Net Operating Income: 62700

Utilities

  • Electric Info: 110 Volts, 220 Volts, 60 Amps/Less, At Street, Circuit Breakers, Individually Metered, None, On-Site, Underground
  • Utility Connections: for Gas Oven, for Gas Range, Varies per Unit
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Electric, Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1890
  • Type: 5+ Family - 5+ Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Granite
  • Roof Material: Asphalt/Composition Shingles
  • Flooring Type: Hardwood, Vinyl, Wall to Wall Carpet
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73369293
  • Last Updated: 05/04/25
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/04/2025New$599,900$180MLSPIN

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Seller's Representative: Christopher J. Paiva, Paiva Real Estate Services, LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-05-04 08:17:00

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