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In-PersonVirtual Tour
$ 799,000
Est. payment | /mo
1.31 Acres Lot
$ 799,000
Est. payment | /mo
1.31 Acres Lot
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 1381858
HOA Y/N No
Year Built 1940
Annual Tax Amount $4,831
Tax Year 2024
Lot Size 1.310 Acres
Property Sub-Type Commercial
Property Description
Investment Opportunity in Burrillville, RI 5-Unit Multifamily with Excellent Cash Flow + Buildable Lot Potential! Discover a rare investment gem in the heart of Burrillville! This well-maintained 5-unit multifamily property offers strong and consistent cash flow, making it the perfect addition to any investor's portfolio or a great start for a first-time buyer looking to house hack. Situated on a generously sized lot, the property also includes a potentially buildable parcel, offering incredible upside for future development or expansion (buyer to perform due diligence). Whether you're looking to hold for passive income or develop for long-term growth, the possibilities here are hard to beat. Property Highlights: 4 fully occupied rental units with stable tenancy. Strong income with the ability to finish the 5th unit. Separate utilities for all units. Off-street parking and outdoor space. Located in a quiet, desirable neighborhood with convenient access to town amenities. Ability to build 2 to 3 more units on the lot. With Burrillville's growing rental demand and this property's solid performance, this is an opportunity you don't want to miss. Take advantage of immediate income and future potential all in one package! Schedule your private showing today and explore the possibilities!
Location
State RI
County Providence
Exterior
Total Parking Spaces 10
Building
Story 3
Sewer Public Sewer
Level or Stories 3
Structure Type Frame
New Construction No
Others
Tax ID 4446VILLAGEWYBURR
Virtual Tour https://tour.RiLiving.com/46-Village-Way-Burrillville-RI-02826
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Renee Moussally
REALTOR® | Lic# RES.0042756