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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
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