$800,000
990 Douglas Pike
Burrillville, RI 02830
About This Home
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 Details
Location
View on Google Maps →Listing Information
The data relating to real estate for sale on this website comes from the Internet Data Exchange (IDX) program of the State-Wide Multiple Listing Service. Real estate listings held by brokerage firms other than Fab Living Realty are marked with the MLS logo and detailed information about them includes the name of the listing broker.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS.
MLS # 1425162