Currently there are four (4) REO or Bank owned homes for sale in South Kingstown RI as compared to the 192 homes not in distress and on the real estate market right now. Bank owned/REO properties are a small percentage of the active homes for sale in South Kingstown at present.
South Kingstown is another waterfront community bordering the Atlantic Ocean as well as a number of wonderful ponds within its boundaries. It is also the home of the University of Rhode Island which is located within the village of Kingston. The opportunity to buy a South Kingstown REO property and renovate it for rental use to URI students might be a consideration too. Do you want investment property or owner occupied property?
The following are the REO/bank owned homes, locations, acreage, square footage of living space, days on market, multiple listing numbers and price points for these homes:
1) 32 Greenwood Drive, 986 sq.ft ranch on 1/4 acre-connected sewer & water...$225,750...MLS # 982873...Days on Market: 20.
2) 1685 Kingstown Road, 960 sq.ft. home on 1/4 acre-connected sewer & water......$147,900...MLS#980730...Days on Market: 67..
3) 169 High Street, 1008 sq.ft. home on 1/4 acre-connected sewer & water...$144,900
MLS#972393...Days on Market: 188.
4) 3701 Post Road, 1808 sq.ft. home on .6 acre- well & septic...$129,900...MLS#982457...Days on Market: 25. This property has a contract on it that is not executed as of yet.
These REO homes present unique opportunities to buy into a home at a good price or at least to negotiate from the current sales price. If you have interest in South Kingstown REO or bank owned homes for sale, please give me a call today at 401-529-7849. South Kingstown RI REO or Bank Owned Properties for Sale.
Ginny Lacey Gorman knows South Kingstown RI and the geographic area, schools, local happenings, important tidbits of information and businesses well having lived there with her children. If you are looking for someone to guide you through the home buying or selling process, Ginny is a licensed Realtor® and would be happy to assist you. Waterfront, oceanfront and coastal RI homes for sale are her specialty but all of RI is her backyard. So feel free to search for RI homes for sale. When you are in need of more information from an internet savvy Realtor® who sells RI houses in this real estate market, call Ginny at 401.529.7849.
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This blog © and its contents is original to Ginny Lacey Gorman
Ginny L. Gorman a purveyor of Fine Waterfront RI Real Estate
Specializing in waterfront, ocean front, vacation, coastal and luxury homes for sale in North Kingstown, South Kingstown, Narragansett, Jamestown, Charlestown, East Greenwich, Exeter, West Greenwich, Westerly RI and beyond ... I sell dreams! because there is no place like home...the RI Realtor in the Sparkly Red Shoes.
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cell: 401.529.7849 office: 401.884.4100 ext.268 Ginny Lacey Gorman, Realtor