An absolutely unique property at the heart of URI, steps from the main campus. The property consists of 2 buildings with 6 separate apartments, ample parking and outdoor space. An amazing opportunity for an investor with gross income of $68,000 in 2025 and potential for further in the future. The property has a new roof, a new driveway, a new hot water heater and is fully rented with varying lease dates. Being sold as an LLC.
GREAT INCOME PRODUCER!!! SIX UNIT INVESTMENT OPPORTUNITY ON URI CAMPUS. EASY RENTAL LOCATED JUST OFF UPPER COLLEGE ROAD.
Year
Property tax
Land + Additions
Assessment*
2025
$4,111 (−9.0%)
$226,000 + $233,800
$459,800
2024
$4,517
$167,400 + $241,400
$408,800
2023
$4,517 (+0.9%)
$167,400 + $241,400
$408,800
2022
$4,476 (−0.7%)
$167,400 + $241,400
$408,800
2021
$4,507
$128,700 + $183,200
$311,900
2020
$4,507
$128,700 + $183,200
$311,900
2019
$4,507 (+8.0%)
$128,700 + $183,200
$311,900
2018
$4,172 (+2.4%)
$123,100 + $143,000
$266,100
2017
$4,074 (+1.5%)
$123,100 + $143,000
$266,100
2016
$4,015 (−1.1%)
$123,100 + $143,000
$266,100
2015
$4,058 (+0.2%)
$111,900 + $149,600
$261,500
2014
$4,048
$111,900 + $149,600
$261,500
2013
$4,045 (−1.1%)
$111,900 + $149,600
$261,500
2012
$4,090
$124,300 + $157,800
$282,100
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
—
Lot size
0.32 Acres
Year renovated
—
Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
—
Style
Other
County
Washington County
APN
456272
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
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Garage
—
Features
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Last updated by owner on Jun 22, 2026.
R10
GROUNDWATER PROTECTION OVERLAY
Medium High Density Residential District
This district allows a residential density of up to 4.35 du per acre. The lot sizes for single-household detached dwellings is 10,000 sq ft. This is a high-density residential area with public water and is expected to be served by the sewer system. Selected public and semipublic uses are allowed in this district.
Zone overlays
Permitted uses
Include but are not limited to:
Livestock production
Religious facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Infrastructure
Public service
Library
Museum / gallery
Golf related
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 94° expected this year, 16 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Kingston, RI • 02881
Average low and high temperatures (°F)
35
20
37
21
49
32
58
40
66
50
78
60
80
66
77
59
72
56
64
45
54
35
40
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 50 Bills Rd
$861,150
$1,150 over list price of $860K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $460K to $935K.