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USARIRumfordRumford116 Bishop Ave
Listing image | Image 1

116 Bishop Ave, Rumford, RI

House

For Sale

Listed price in listed location currency (USD).
$629,000

4210

MLS® 1426546

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 9583 sqft
Garage Yes
Taxes $7,788
Days Active 0
Lot Size 0.21 Acres
Approx. Age 1900
Avg. Price Per Sqft $65
MLS® Number 1426546

Property Address: 116 Bishop Ave, Rumford, RI, 02916-1220

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunities like this don't come along often! Welcome to 116 Bishop Ave in Rumford, RI. This spacious two-family home offers an exceptional opportunity for both investors and owner-occupants in one of Rumford's most desirable neighborhoods. Each unit features beautiful hardwood floors throughout, a generous double parlor connecting the living and dining rooms, an eat-in kitchen, two bedrooms, a full bathroom, and a bright bonus sunroom perfect for a home office, reading nook, or additional living space. The second-floor unit also includes a walk-up attic with excellent potential to be finished into additional living area. The basement provides ample storage space and includes coin-op laundry, along with additional washer and dryer hookups. Numerous recent improvements offer peace of mind, including a new roof, a new boiler, a new hot water tank, updated structural beam and Lally columns, recently paved driveway, new insulation, updated basement stairs, remodeled kitchens and bathrooms, updated appliances, and lead-safe certification. Utilities are separately metered, with a shared water meter and landlord electrical panel already in place. Ideally located within walking distance to the Ten Mile River Greenway, Rock Athletic Field, Turner Reservoir, Bridgham Farm, local bakery, and more. Whether you're looking to expand your portfolio or occupy one unit while generating rental income from the other, this is a fabulous investment opportunity you won't want to miss.
MLS® Number1426546
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1900
BasementExterior Entry, Full, Interior Entry, Unfinished
DrivewayDetached, Garage
Garage Spaces
HeatBaseboard, Forced Air, Gas, Hot Water, Steam
A/CNone

Extras

Tenant 1 lease period ends December 31st, 2026. Tenants 2 lease until August 31st, 2027.
How Much House Can I Afford?

Home Estimate Zoopraisal®

This property is estimated to sell between: $602,000 and $643,000.
Similar properties in this area sold on average for: $602,347
Expect to pay under asking. 79% of similar properties sold for less than the asking price.
Expected to sell in 25 days. Similar properties sold in 25 days. This home has been on Zoocasa for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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