Legal two-family home located in the historic Apponaug Village with separate private entrances to each unit and a one car detached garage! Large Sunny deck, water views, private yard, and off street parking. The main house is two levels. It has one full bathroom located on the second floor, with the 2 Bedrooms. The main floor has a nice size living room, one additional room to be used as a dining room or office, a modern kitchen with appliances and room for table and chairs with a laundry room located adjacent to the kitchen. The basement apartment is a 1 bedroom/efficiency boasting a cute kitchen with space for table & chairs, a full bathroom with a large shower stall, no tub. There is a large bedroom and a very small living room area. All Utilities included in rents. Perfect location just off Post Road is just steps from restaurants, city hall, banks, pharmacies etc and close to bus lines, airport, commuter rail and both Rte 95 and 295. It's also located just minutes to downtown East Greenwich for shopping and dining. A short drive to Providence round this out as the ideal, convenient, central location in Rhode Island. All newly paved and designed roads for easy highway access. Get in while the prices are still low. This could be the perfect home or investment, particularly when combined with 25 Colonial and 40 Colonial all located within steps of each other and all for sale. See MLS #s 1214172 and 1213928 for more details on other properties
Multi-familyProperty Type
1875Year Built
4,690 sq ftLot Size
$451Est. Price/Sq.Ft.
1 car garageParking
Listed by Prem Prop RI Team• Keller Williams Leading Edge
Bought with Michael Zompa• RI Real Estate Services
This older home has a lot of potential. Great location with water view of Apponaug cove. Work needed. Existing old garage to be taken down and cleaned up. Basement apartment and a 4 bed 1st and 2nd floor apartment. Very well priced for this mkt.
Year
Property tax
Land + Additions
Assessment*
2025
$3,795 (+5.7%)
$111,700 + $187,100
$298,800
2024
$3,591 (+2.0%)
$98,400 + $149,800
$248,200
2023
$3,522 (+4.9%)
$98,400 + $149,800
$248,200
2022
$3,356
$70,200 + $109,000
$179,200
2021
$3,356
$70,200 + $109,000
$179,200
2020
$3,356
$70,200 + $109,000
$179,200
2019
$3,356 (+11.1%)
$70,200 + $109,000
$179,200
2018
$3,022 (+2.8%)
$64,000 + $81,300
$145,300
2017
$2,941
$64,000 + $81,300
$145,300
2016
$2,941 (+5.6%)
$64,000 + $81,300
$145,300
2015
$2,785 (+3.5%)
$52,000 + $82,200
$134,200
2014
$2,692 (+1.4%)
$52,000 + $82,200
$134,200
2013
$2,656 (+1.6%)
$52,000 + $82,200
$134,200
2012
$2,614
$61,100 + $83,000
$144,100
Tax history for 50 Colonial Ave
Year
Property tax
Land + Additions
Assessment*
2025
$3,795 (+5.7%)
$111,700 + $187,100
$298,800
2024
$3,591 (+2.0%)
$98,400 + $149,800
$248,200
2023
$3,522 (+4.9%)
$98,400 + $149,800
$248,200
2022
$3,356
$70,200 + $109,000
$179,200
2021
$3,356
$70,200 + $109,000
$179,200
2020
$3,356
$70,200 + $109,000
$179,200
2019
$3,356 (+11.1%)
$70,200 + $109,000
$179,200
2018
$3,022 (+2.8%)
$64,000 + $81,300
$145,300
2017
$2,941
$64,000 + $81,300
$145,300
2016
$2,941 (+5.6%)
$64,000 + $81,300
$145,300
2015
$2,785 (+3.5%)
$52,000 + $82,200
$134,200
2014
$2,692 (+1.4%)
$52,000 + $82,200
$134,200
2013
$2,656 (+1.6%)
$52,000 + $82,200
$134,200
2012
$2,614
$61,100 + $83,000
$144,100
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.