Exceptional Development Opportunity on a 13,500 sq. ft. Lot with MULTIPLE OPTIONS!!! This property offers 2,632 square feet of living space and presents an incredible opportunity for developers, investors, or homeowners looking for short or long-term potential. The property is zoned RSM/M (Small-Scale Multi-Unit Housing), which allows for up to 6 units of redevelopment with a total developable area of 5,550 square feet. Alternatively, there is excellent subdivision potential, as the property can be divided into two single-family lots either equally down the middle to create two 55’ by 122’ lots, or in a custom configuration, where one lot is wider than the other. Furthermore, one could keep the current home and add additional dwellings! All are Attractive Options!!!
Listed by Macdonald Commercial Real Estate Services Ltd.
Data was last updated January 31, 2025 at 09:10 PM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$2,201,138
Min list price:
$475,000
Max list price:
$4,101,980
Avg days on market:
72
Min days on market:
4
Max days on market:
326
Avg price per sq.ft.:
$1,080.89
These statistics are generated based on the current listing's property type
and located in
Hamilton RI. Average values are
derived using median calculations.
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