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For sale
  • $2,200,000

    28 Park Ave, Wakefield, RI 02879

    9beds
    6,503sqft
    : 
    Multi Family
    Built in 1903
    -- sqft lot
    $-- Zestimate®
    $338/sqft
    $-- HOA

    What's special

    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.
    46 days
    on Zillow
    |
    718
    |
    17
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 15, 2025 at 02:03pm

    Listed by:

    The Local Group 401-363-3710,

    Compass / Lila Delman Compass,

    Benjamin Wood 401-612-3727,

    Compass / Lila Delman Compass

    Source: StateWide MLS RI,MLS#: 1379709MLS Logo
    Travel times

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    Next available tour time:Today at 2pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 3
    • Full bathrooms: 3
    Bathroom
    • Features: Bath w Tub, Bath w Shower Stall
    Heating
    • Oil, Common
    Cooling
    • None
    Appliances
    • Laundry: Off Site
    Features
    • Wall (Dry Wall), Wall (Paneled), Wall (Plaster), Plumbing (Mixed)
    • Flooring: Ceramic Tile, Hardwood, Laminate, Other, Vinyl
    • Basement: Full,Walk-Out Access,Partially Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 10,168
    • Total interior livable area: 6,503 sqft

    Property

    Parking
    • Total spaces: 12
    • Parking features: No Garage
    Features
    • Stories: 4
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Walk to Salt Water
    Lot
    • Size: 0.77 Acres
    Details
    • Zoning: R20

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Dry Wall, Paneled, Plaster
    • Foundation: Concrete Perimeter, Mixed
    Condition
    • New construction: No
    • Year built: 1903

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Septic Tank
    • Water: Public

    Community & HOA

    Community
    • Features: Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
    HOA
    • Has HOA: No
    Location
    • Region: Wakefield

    Financial & listing details

    • Price per square foot: $338/sqft
    • Annual tax amount: $9,992
    • Date on market: 3/10/2025
    • Total actual rent: 13000
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