$899,900

Multi Family In Johnston

  • 1 Beds
  • 3 Baths
  • 3,377 Sqft
  • 13,068 Sqft lot
  • Updated: July 18
  • Source:
    StateWide MLS  MLS#1417962

About the Property

This turnkey, four-unit commercial property three commercial units and one residential unit is fully occupied and offers immediate, diversified income. The property sits on a generous 13,068 sq. ft. lot with newly paved and lined parking for 19 vehicles, and is fully up to date on security and fire code compliance. Both buildings feature newer heating systems. The singlelevel building features a d
This turnkey, four-unit commercial property three commercial units and one residential unit is fully occupied and offers immediate, diversified income. The property sits on a generous 13,068 sq. ft. lot with newly paved and lined parking for 19 vehicles, and is fully up to date on security and fire code compliance. Both buildings feature newer heating systems. The singlelevel building features a double unit currently leased to a pizza and pasta restaurant (Tenant 1), with 5 years remaining on the lease providing stable, long-term income. The second building is a versatile up-and-down, mixed-use structure with month-tomonth tenants: a small business occupies the first-floor commercial unit (Tenant 2), while a residential apartment sits above on the second floor (Tenant 3). This front building features a solid Trex stairway for durable, low-maintenance access. With diversified income streams, ample on-site parking, full occupancy, and turnkey maintenance already in place, this is a fantastic opportunity for investors seeking a well-rounded, income-producing property.
  • Property type

    Other

  • Floors

    2

  • Year built

    1996

  • Price/sqft

    $266

Features

  • Parking

Explore the Area

620 Killingly Street, Johnston, Rhode Island, United States View on Google Maps
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RE/MAX Properties - Smithfield

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RE/MAX Properties - Smithfield
Rhode Island, United States
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RE/MAX Properties - Smithfield
Smithfield, Rhode Island, United States
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Last updated
July 18
First listed
Jul 18
Listing reference
1417962
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