Situated in the heart of Johnston, RI, 448 George Waterman Rd is a two-family home full of potential, eagerly awaiting a handyman's touch or an investor's vision. This property stands on an unusually large and oversized lot, offering a wealth of possibilities for expansion or potential development. It's a golden opportunity for builders and investors, with the land itself serving as a blank canvas for creative endeavors. The building is currently fully occupied, with both units rented out, making it an immediate income-generating asset. A young roof, replaced just 7 years ago, and gas heating systems updated 12 years ago ensure the property's mechanics are solid. Additionally, there's a detached garage, which also contributes to the property's income, as it is presently rented out. This is more than a building; it's a chance to sculpt a profitable future. Whether your plan involves refurbishing and enhancing its current state or leveraging the extensive lot for new projects, 448 George Waterman Rd is where opportunity meets the promise of return.
Multi-familyProperty Type
1935Year Built
0.39 acresLot Size
$249Est. Price/Sq.Ft.
1 car garageParking
Listed by Slocum Home Team• SLOCUM
Bought with Michael Veltri• Century 21 Limitless PRG
Construction Details: Drywall, Plaster, Aluminum Siding
Exterior Features
Exterior Features: Porch
Patio And Porch Features: Porch
Lot Information
Lot Size Area: 16,988
Lot Size Acres: 0.39
Property Information
Above Grade Finished Area: 2,079
Foundation Details: Concrete Perimeter
Financial
Assessments and Fees
Assessed Value: $360,000
Tax Information
Annual Tax Amount: $5,508
Tax Year: 2023
Utilities
Utility Information
Utilities: Sewer Connected
Electric: 100 Amp Service, Circuit Breakers
Sewer: Connected
Water Source: Connected
Heating & Cooling
Has Heating
Heating: Gas, Hot Water
Location
Community Information
Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 2,079
Stories: 2.0
Lot Size: 0.39 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1935
Year Renovated: —
County: Providence County
APN: 389121
Home facts updated by county records on Jun 22, 2026
Around this home
Schools
Early Childhood Center
Public K • Assigned • 1.9mi
Nicholas A. Ferri Middle School
Public 6-8 • Assigned • 1.9mi
6/10
Johnston Senior High School
Public 9-12 • Assigned • 1.7mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Johnston, RI • 02919
Average low and high temperatures (°F)
35
21
37
22
52
33
61
42
69
52
81
62
85
67
80
60
75
57
65
47
54
37
40
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 4.5 hours in December, placing it below the
U.S. average for solar exposure.
9 hrs
4.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$492,000 – $595,000
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