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MLS® ID: 1230752

20 Shady Lea Road

North Kingstown, Rhode Island, 02852

$579,000 Pending
  • 4 Beds
  • 6 Baths
  • 4301 SQFT
Exceptional 4-Unit Multifamily residential building in a great NK location on Shady Lea Rd. All four units are oversize with upstairs units featuring extra rooms on third floor for bedrooms, home office, or art/yoga studio space. Huge yard and outdoor garden. Great for potential owner occupant, investor, condo conversion... NOTE: Conventional financing only-property will not qualify for FHA/VA mortgage without 203k. Owner possibly willing to Finance for well qualified buyer. Historic Rodman Mansion (ca. 1850), Apartments include: - Huge windows (double pane double hung energy efficient) - Wide plank hardwoods - New bamboo flooring throughout the third floor - Marble tiled bathrooms - Claw foot tubs - 9 foot ceilings - Custom moldings Three of the units are currently occupied and forth unit is vacant and ready for rental or owner occupancy. This property is a great investment opportunity for immediate cash flow for an investor or owner occupied. ($55,440 annual rental income). Additional income from coin-op laundry. Yearly income could easily be increased by $14,400 to align with current under market rents. These beautiful units are a very rare find in North Kingstown. Some tenants are on month-to-month leases.
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Listing courtesy of Keller Williams N. Kingstown


  • Full baths
  • Full Baths Range
    4+ Baths
  • Total Baths
  • Zip
  • Office name
    Keller Williams N. Kingstown
  • SQFT
  • Bedrooms
  • Property type
  • Year built
  • Sewer
  • Heating
  • Tax year
  • Agent name
    Robert Sweeney
  • Tax amount
    $ 7088.0
  • Purchase Type
  • HOA fees
    $ 0.0
  • Price Range
  • Square Feet Range
    4000-5000 sq ft.
  • Bedrooms Range
    4 Beds
  • Year Built Range
    1989 (and earlier)
  • Agent ID


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