620 Killingly Street, Johnston, RI 02919

$899,900
1
BD
3
BA

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List Price
$899,900
MLS#
1417962
Status
ACTIVE
Type
Multifamily
City
Johnston
County
Providence
Bedrooms
1
Bathrooms
3
Year Built
1996

Property Description

This turnkey, four-unit commercial property three commercial units and one residential unit is fully occupied and offers immediate, diversified income. The property sits on a generous 13,068 sq. ft. lot with newly paved and lined parking for 19 vehicles, and is fully up to date on security and fire code compliance. Both buildings feature newer heating systems. The singlelevel building features a double unit currently leased to a pizza and pasta restaurant (Tenant 1), with 5 years remaining on the lease providing stable, long-term income. The second building is a versatile up-and-down, mixed-use structure with month-tomonth tenants: a small business occupies the first-floor commercial unit (Tenant 2), while a residential apartment sits above on the second floor (Tenant 3). This front building features a solid Trex stairway for durable, low-maintenance access. With diversified income streams, ample on-site parking, full occupancy, and turnkey maintenance already in place, this is a fantastic opportunity for investors seeking a well-rounded, income-producing property.

Additional Information

Electric
100 Amp Service, Circuit Breakers
Basement
None
Cooling
Central Air, Window Unit(s)
Sewer
Connected

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Kenneth Scotti from Listing Office: RE/MAX Properties.

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