28 Park Ave, South Kingstown, RI

$2,200,000

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9

Beds

3

Baths

10,168

Square feet

0.77

Acres

About 28 Park Ave

Step into a piece of history with 28 Park Avenue, an iconic building nestled in the heart of Matunuck, RI. Built in 1903, this legendary property boasts multiple units that offer incredible potential for development and improvement. Currently offering a mix of studio, 1 and 2 bedrooms, the property holds untapped potential to significantly increase rents through strategic upgrades, renovations, and reimagination. Additionally, plans once proposed an additional structure for apartments on the property, highlighting the site's potential for expansion. Whether you're looking to restore the charm of its historic roots or modernize it to meet today's market demands, 28 Park Ave offers flexibility to transform it into a high-demand, high-return asset. The location is prime for development just moments away from Matunuck Beach, renowned dining spots, and a vibrant seaside community. With the right vision and improvements, 28 Park Ave could become one of the most sought-after properties in the area. Don't miss your chance to own a piece of Matunuck's storied past with endless possibilities for the future.

Features of 28 Park Ave

MLS® # 1379709
Price $2,200,000
Bedrooms 9
Bathrooms 3.00
Full Baths 3
Square Footage 10,168
Square Footage 33541
Acres 0.77
Year Built 1903
Type Residential Income
Sub-Type Multi Family
Status Active

Community Information

Address 28 Park Ave
City South Kingstown
County Washington
State RI
Zip Code 02879

Amenities

Parking Spaces 12
Parking No Garage
Garages No Garage
View Saltwater, Water
Is Waterfront No
Waterfront Walk to Water
Has Pool No

Interior

Interior Ceramic Tile, Hardwood, Laminate, Other, Vinyl
Interior Features Bathtub, StallShower, Tub Shower
Appliances Oil Water Heater
Heating Common, Oil
Cooling None
Fireplace No
# of Stories 4
Has Basement Yes
Basement Full, Partially Finished, Walk-Out Access

Exterior

Exterior Drywall, Plaster
Construction Drywall, Plaster
Foundation Combination, Concrete Perimeter

Additional Information

Date Listed March 10th, 2025
Days on Market 64
Zoning R20
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCompass / Lila Delman Compass

Listing Map

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