18 days on rocket

651 Main Rd, Tiverton, RI, 02878

$990,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
1 Full Bath, 2 Partial
5,550 SqFt
$178/SqFt
Multi
Schools Nearby

Location

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651 Main Rd, Tiverton$990,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOff Street, Driveway
Garage1 space
Year Built1780
BasementYes
MLS #73230313
Lot Size0.84 Acres
StatusActive

About 651 Main Rd

Exceptional commercial opportunity on one of Tiverton, RI's busiest thoroughfares, ideal for visibility and accessibility. This property features 1 residential unit, 3 versatile office spaces, and a large garage unit—each offering potential for rental income. Contractors will appreciate the ample parking for vehicles and equipment, plus a climate-controlled lower walk-out unit perfect for storing materials and housing operations. Professionals such as accountants, lawyers, counselors and dentists will benefit from the high-traffic location, ensuring a steady flow of clients. Each of the 3 offices offers its own parking and separate entrances allowing 3 separate businesses to thrive without interfering with each other. Situated near vital amenities and business districts, this property combines convenience with investment potential, making it a prime choice for expanding operations and maximizing returns.

Property Details

Property Features

Property Information:

  • Year Built: 1780
  • Living Area: 5,550 SqFt

Listing Office:

  • Office Name: Fortified Realty Group
  • Listing Agent: David Ferreira

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Office/Den

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Off Street, Driveway

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.84 Acres

Other

Directions Information:

  • Directions: Corner of Main & Pleasant

Price Information

Listing Price Info

Price Summary:

  • List Price: $990,000
  • Price Per SqFt: $178/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2

Tax Information:

  • Annual Amount: $8,642
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Tiverton, RI.

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Tiverton, RI

City

Med. Sold Price

$470K

Med. Price/SqFt

$285

Avg. Days On Market

41

# of Sold Homes

15

651 Main Rd vs Tiverton

18 DAYS ON ROCKET

-23 Days

$990,000

+$520K More

$178/SqFt

-$107 Less

KEY TAKEAWAY

This property is $520K more than the Median Sold Price and $107/SqFt less than other homes in Tiverton, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73230313

Listing Office:

  • Office Name: Fortified Realty Group
  • Listing Agent: David Ferreira

IDX Disclaimer: 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. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/19/2024, 12:55:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$8,642$564,500
2019$8,913$564,500
2018$9,252$564,500
2017$9,117$478,600

History based on county public records data.

Payment Calculator

$5,009

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,035

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3671089
8
/10

  • Pocasset School

  • 242 Main Rd

  • 0.84 miles

  • Public District Grades PK-4

school-card-donut-3671090
7
/10

  • Ranger School

  • 278 N Brayton Rd

  • 2.25 miles

  • Public District Grades KG-4

school-card-donut-3671091
4
/10

  • Carlton M. Viveiros Elementary School

  • 525 Slade St

  • 2.25 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,091. The most common annual income of people living in Tiverton, RI is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Rhode Island›Newport County›Tiverton›02878›651 Main Rd

This home is located at 651 Main Rd in Tiverton, RI and zip code 02878. This 5,550 square foot home, which was built in 1780, sits on a 0.84 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 30, 2024 and is currently priced at $990,000.

While more than 5 listings in Tiverton, RI in April 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 6 were sold below. The inventory of homes for sale in Tiverton, RI between March 2024 and April 2024 increased by 39.2%. In April 2024 median list price was $470,000 and the average listing age was 41 days.

From Rocket Homes Real Estate and based on county public records data.

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