Another Multi Family Home in North Kingstown
81 Pendar Road Now Sold
You waited too long to buy and this multi family 3-4 unit property for sale in North Kingstown at 81 Pendar Road is back out of sales agreement. There were many strong offers on this multi family home for sale and choosing the right offer was up to the seller. The seller’s consideration were many fold: strength of proof of funds, contingencies that might side line this sale and closing date. All important points that must be advised by a knowledgeable RI real estate agent to any home seller.
Whether it is land, single family, multi family or condo in North Kingstown, buyers need to know how to offer the right price and conditions to have a winning bid. Yet the buyer got ‘cold feet’ in buying and backed out of the agreement! Back on the market and looking for Buyers who understand that if it is ‘investment property buy’ the lenders will want 25% down to buy this property…best ownership is FHA or VA loan as an owner occupied property. Talk with a lender who guides you well so please talk to me about your options.
In the southern portion of this community, just off Route 1, this Pendar Road property is set on a picturesque nearly 5 acres and borders Silver Spring lake in the western part of the land. There are two separate apartment buildings, as well as a two car garage with storage area, that makes this multi family North Kingstown property a wonderful buy for this buyer.
Well maintained and set in a primary residential neighborhood, this legal three unit multi family at 81 Pendar Road North Kingstown is the RI real estate is a hot property. Understanding management of multi units, property maintenance, working with tenants, etc. is all paramount in any property acquisition. Are you prepared to purchase and manage a multi unit investment Rhode Island property? This buyer knows multi family homes well and is prepared to manage them.
With 3 apartments in the main building ( a total of 4 bedrooms) and a 1 bedroom apartment in the cottage it is a find of a multi family unit for sale in this community. Town water is here too which the homeowner pays for. Just minutes from the highway, Wickford Village town center, North Kingstown town library, the town beach and marinas. The original small part of the main building was built in the 18th century and added onto during the ensuing years. The cottage was built around 1900 and does have two levels but only one level is occupied and rented out.
Bordering Silver Spring lake at the back of the property is a good 1000 feet from the apartment buildings but it is a pristine location. The state does stock the lake with fish and it is a popular place for avid fishermen especially in spring.
Looking for multi family units for sale in North Kingstown? Find the most current and latest multi family homes for sale here:
Working with homeowners to list and sell RI real estate at the highest price. My online marketing brings the qualified home buyers in to make strong offers on my listings. Call me, Ginny Gorman, today at 401.529.7849 to discuss your real estate needs. This North Kingstown home sale market is strong in 2016 so now is the time to reach out to a RI real estate concierge agent to guide you well.
Multi Family North Kingstown Property
When you are in need of a top selling North Kingstown real estate professional and specialist for your buying, selling or relocating home needs. Whether it is single family, multi family, land or estate, my goal is to realize the dream of my clients. An internet savvy Rhode Island real estate agent & marketer who sells RI houses in this real estate market call Ginny at 401.529.7849 or email me at ginny@RiHouseHunt.com.