Search / Burrillville / 990 1000 Douglas Pike

Active · 10 days on market

$800,000

990 1000 Douglas Pike, Burrillville, RI 02830

10 bd · 6 ba · built 1940

Listing courtesy of Sweeney Real Estate &Appraisal, Christina Rouse

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 facts

Property type
Multi Family
Year built
1940
Lot size (acres)
0.2
Total rooms
24
Garage spaces
0
Total parking
4
Annual taxes
$7,729
Tax year
2026
County
Providence

Features

Heating
Oil, Baseboard
Cooling
Window Unit(s)
Basement
Full, Interior and Exterior, Unfinished, Laundry, Utility
Appliances
Electric Water Heater
Laundry
In Unit
Parking
No Garage
Construction
Vinyl Siding
Sewer
Public Sewer
Water
Municipal

Location

MLS# 1425162 · Source: State-Wide Multiple Listing Service, Inc. · Listing courtesy of Sweeney Real Estate &Appraisal

More homes in Burrillville