990 Douglas, Burrillville, RI, 02830

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.

Residential Income
$800,000
Location
City/TownBurrillville
CountyProvidence
Interior
Living Area3,731 sq. ft.
Rooms24
HeatingOil, Baseboard
CoolingWindow Unit(s)
Additional Information
Tax Assessment$649,500
ZoningR20
Exterior
Acreage0.2
Listed By: Sweeney Real Estate &Appraisal

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