$800,000

Multi Family In Burrillville

  • 10 Beds
  • 6 Baths
  • 3,731 Sqft
  • 8,712 Sqft lot
  • Updated: October 6
  • Source:
    StateWide MLS  MLS#1425162

About the Property

Stabilized four-unit investment opportunity consisting of two side-by-side duplexes, offered together as a single sale. The properties are located on two separate tax parcels and provide four income-producing residential units with walk-out lower levels. Current gross rental income is $6,640 per month, or approximately $79,680 annually, providing an established income stream for an investor seekin
Stabilized four-unit investment opportunity consisting of two side-by-side duplexes, offered together as a single sale. The properties are located on two separate tax parcels and provide four income-producing residential units with walk-out lower levels. Current gross rental income is $6,640 per month, or approximately $79,680 annually, providing an established income stream for an investor seeking a stabilized multifamily asset.

Tenants pay their own separately metered utilities, with the exception of sewer, helping to minimize landlord operating expenses and simplify ownership. Pro-forma estimated Net Operating Income is approximately $60,000 annually.

The side-by-side configuration offers the efficiencies of owning four units in one transaction while maintaining separate buildings and tax parcels. Conveniently located on Douglas Pike in Burrillville with access to local amenities and surrounding communities.
…
  • Property type

    Other

  • Floors

    3

  • Year built

    1940

  • Price/sqft

    $214

Features

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990 Douglas Pike 1000, Burrillville, Rhode Island, United States View on Google Maps
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Sweeney Real Estate &Appraisal - Providence

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Sweeney Real Estate &Appraisal - Providence
Rhode Island, United States
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2
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2026
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Sweeney Real Estate &Appraisal - Providence
Providence, Rhode Island, United States
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Last updated
October 6
First listed
October 6
Listing reference
1425162
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