$679,900
Estimated Payment$3,211/mo
Multi-Family For SaleUnder Contract

1540 Frenchtown Road, East Greenwich, RI 02818

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7Beds
3Baths
Multi-Family Home In Frenchtown

Two Single Family Homes Priced to Sell! Rare offering in Eg on Frenchtown Rd across from the Tennis Courts & Playground 2 legal single family homes on over 2 acres. Great investment or owner occupy. 1540 Frenchtown built in 1959 offers a walk-out Ranch with 1912 sf of living space. First floor has 3 bedrooms 1 full bath, family room with built-ins, kitchen w/dining area, hardwoods, a 3 season room with new glass slider, updated finished lower walkout with 2 bedrooms, full bath family room and storage, a newer 5 year old roof, gas heat, vinyl siding and detached recently re-built garage being used as storage and a separate shed. 1544 Frenchtown built in 1969 offers a Ranch with 960 sf of living space, 2 bedrooms, 1 full bath, hardwoods, heated sunroom, full unfinished basement and an attached 1 car garage, 10 year old roof with new gutters and rear yard with whimsical zen gardens and vegetable garden. Excellent long-term month-to-month tenants in place who will commit to long term leases. Rental Income is $54,000 per year. Taxes only $6618 for both homes! Serviced by natural gas, 5 bedroom septic, town water. 2 Horses Permitted, Zoned F-2. Close to highways, airport, train and beaches. Discover all that Eg has to offer, its' historic Main St, restaurants, marinas, yacht club, Goddard State Park beach, trails, golf, equestrian and more. Don't miss this opportunity.

1540 Frenchtown Road is a multi family-home located in Kent, the 02818 ZIP Code, and the James H. Eldredge Elementary School, Davisville Academy, and East Greenwich High School attendance zones.

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1540 Frenchtown Road
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Location
1540 Frenchtown Road East Greenwich, RI 02818
Home Details

Listing Details

Business Details

  • Business Type: Other

    General

    • Inclusions: Total Tax 6,618 00 reflects both 1540 and 1544 Frenchtown combined Annual expenses taxes, insurance, water
    • Total Number of Units: 2
    • Days On Market: 60
    • Number of Buildings: 2

    Interior Details

    Rooms

    • Basement Details: Full, PartiallyFinished, WalkOutAccess
    • Total Rooms: 12
    • Basement: Yes
    • Full Bathrooms: 3

    General

    • Appliances: Dryer, GasWaterHeater, Oven, Range, Refrigerator, Washer
    • Interior Features: Attic, Bathtub, TubShower, Cabletv
    • Flooring: CeramicTile, Hardwood, Laminate, Other, Vinyl
    • Window Features: Thermal Windows
    • Door Features: Storm Door s

    Utilities

    • Heating Details: Baseboard, Gas
    • Heating: Yes
    • Electric Details: 100 Amp Service

    Financial Details

    Tax Details

    • Assessed Tax Value: 315000
    • Annual Tax Amount: 6618
    • Zoning: F2

    Expenses

    • Operating Expense: 11000

      Property Details

      General

      • Lot Features: Wooded
      • Total Stories: 2
      • Laundry Features: In Unit
      • Water Source(s): Connected, Public, WaterTapFee
      • Other Structures: Barns, Outbuilding
      • Patio & Porch Features: Patio, Porch, Screened
      • Horses Allowed: Yes
      • Horse Amenities: Horses Allowed

      Community

      • Community Features: Golf, HighwayAccess, Marina, NearHospital, NearSchools, RecreationArea, Shopping, TennisCourts

        Construction Details

        • Foundation Details: Concrete Perimeter
        • Construction Materials: Plaster, Other, ShingleSiding, VinylSiding

        Parking

        • Garage: Yes
        • Number of Garage Spaces: 2
        • Parking Features: Attached, Garage
        • Attached Garage: Yes
        • Total Number of Parking Spaces: 10
        • Other Parking: Attached, Garage

        Location Details

        Region

        • Subdivision Name: Frenchtown

          MLS Details

          General

          • Days on Homes.com: 60
          • MLS Number: 1312958
          • Listed: 6/18/2022
          • Last Updated: 8/16/2022
          • Offered By: Re/Max Professionals
          • Listing Source: State-Wide Multiple Listing Service
          Monthly Payment Calculator

          $3,211

          Estimated Mortgage
          Principal & Interest
          $2,293
          Insurance
          $238
          Taxes
          $680
          Mortgage Insurance
          $0
          i
          Include PMI: Private Mortgage Insurance (PMI) is required by lenders if the down payment is less than 20% of the home price. It is recommended to include this field if your down payment is less than 20% of the home price.
          i
          If you or your spouse are active or retired military you may be eligible for special VA loan programs for veterans. The VA loan programs include benefits like no down payment and no private mortgage insurance (PMI).
          Price History
          • DateEventPrice
          • 07/14/2022$19,100$679,900
            Source: State-Wide Multiple Listing Service
          • 06/18/2022listed$699,000
            Source: State-Wide Multiple Listing Service
          Nearby Schools
          School data provided by GreatSchools
          i
          The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs and consider family needs as a part of the school selection process.
          Points of Interest

          Airports

          Distance
          • T. F. Green
            10.9 mi

          Colleges

          Distance
          • New England Tech
            4.3 mi
          • C.C. of Rhode Island, Knight
            9.6 mi

          Military Bases

          Distance
          • Rhode Island National Gaurd
            7.6 mi
          • New London Naval Sub Base
            44.3 mi

          Parks and Recreation

          Distance
          • Davis Memorial Wildlife Refuge
            2.3 mi

          Shopping Centers

          Distance
          • Hunt River Commons
            3.0 mi
          • Frenchtown Plaza Shopping Center
            3.0 mi
          Listing Agent
          Janis Cappello
          RE/MAX Professionals
          East Greenwich, RI
          Continue Your Search

          $679,900

          7 Beds3 Baths

          1540 Frenchtown Road

          East Greenwich, RI 02818

          Janis Cappello
          RE/MAX Professionals