85 Toll Gate Road, Warwick, RI 02886 - Photo 1

1/1

$545,000

Sold
Closed
Multi-Family
2 Units
6 Total Beds
2.0064 Acres

1/1

Property Description

Attention investors! Spectacular rental property consisting of 2 houses, nicely set on 2 picturesque acres. Located in the heart of the Kent County medical community, this property is a prime rental investment. The front house is a gorgeous 2200 square foot colonial built in 1920 boasting many original period details, such as center staircase, marble fireplace, 3 sets of French doors, and premium hardwood floors. Previously zoned as office space, and recently re zoned as residential, this house is a blank slate waiting for new owners to bring their dreams and add some finishing touches. The rear house is a 2 bedroom one bath cottage with a large front deck. There are many possibilities for this property. The entire property would be a phenomenal rental investment. The new owners could make the front house their dream home, and have a rental offset expenses. Don't wait! Schedule your tour today!

Full Property Details

Full Property Details for 85 Toll Gate Rd

General

Sold For: $545,000
Taxes: $6,880 (2023)
Status: Closed
Type: Multi-Family
Source: STWMLS
MLS ID: 1359789
Added to Site: 639 day(s) ago

Interior

Number of Rooms: 13
Interior Features: Tub Shower, Cable TV
Fireplace: Yes
Number of Fireplaces: 1
Fireplace(s): Masonry
Appliances: Oven, Oil Water Heater, Range, Refrigerator
Flooring: Ceramic Tile, Hardwood, Laminate, Carpet

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 2
Half Bathrooms: 1

Bedrooms

Total Bedrooms: 6

Other Rooms

Laundry: Common Area

Exterior

Exterior Features: Paved Driveway

Parking

Total Spaces: 8
Parking Features: No Garage

Location

County: Kent
Near Highway: Yes

Heating & Cooling

Central air: Yes
Air Conditioning: Yes
Cooling Type: Central Air Conditioning
Heating Type: Baseboard, Forced Air, Oil

Utilities

Sewer: Connected
Water: Connected, Public
Utility Description: Sewer Available, Sewer Connected, Water Available

Structural Information

# Buildings: 2
Detached/Attached: Detached
Construction: Drywall, Shingle Siding
Basement: Yes
Basement Desc.: Exterior Entry, Full, Interior Entry, Unfinished
Stories/Levels: 2
Building Size: 3104
Finished Total: 3,104 Sq. Ft.
Finished Above Grnd: 3,104 Sq. Ft.
Year Built: 1920

Lot Features

Lot Size (Acres): 2.0064
Lot Size (Sq. Ft.): 87,400
Lot Size: 87400
Lot Features: Wooded

Financial Considerations

Operating Expenses: $500
Tax Amount: $6,880
Tax Year: 2023

Disclosures and Reports

Inclusions: Flood insurance $1, 100 per year
Property ID: 85TOLLGATERDWARW
Lot Number: 192

Listed by Keller Williams Coastal
Sold by RE/MAX Results

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— 85 Toll Gate Rd —

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Schools

Schools serving 85 Toll Gate Rd

School District:Warwick School District

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 85 Toll Gate Rd

Date

Details

Price

Change

Source

10/02/2024

Sold

$545,000

-7.47%

MLS

8/12/2024

Price Reduced

$589,000

-6.36%

MLS

7/13/2024

Price Reduced

$629,000

-8.71%

MLS

6/17/2024

Price Reduced

$689,000

-8.01%

MLS

5/23/2024

Listed

$749,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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85 Toll Gate Road, Warwick, RI 02886 (MLS# 1359789) is a Multi-Family property that was sold at $545,000 on October 02, 2024. Want to learn more about 85 Toll Gate Road? Do you have questions about finding other Multi-Family real estate for sale in Warwick? You can browse all Warwick real estate or contact a Coldwell Banker agent to request more information.

85 Toll Gate Rd Warwick, RI 02886