MLS® ID: 1222943

280 Austin Road

North Kingstown, Rhode Island, 02852

$349,900 Active
  • 5 Beds
  • 4 Baths
  • 5369 SQFT
Rare legal 5-family situated on a picturesque site with a beautiful flowing river. This investment property checks all the blocks...plenty of off-street parking, fully occupied with roughly $66,000 in gross annual rents, long term tenants with very low vacancy. Two high efficiency boilers provide heat to all tenants with relatively low gas consumption. Heat, hot water, and electricity is included in all rents yet overall expenses on the property remain very low (see attached profit and loss). After accounting for projected expenses and mortgage payment this property should cash flow roughly $15,000 per year! Property will be sold "as-is" with some tlc and potential structural work required.
Read More

Listing courtesy of Keller Williams Realty NRI

Amenities

  • Full baths
    4
  • Full Baths Range
    4+ Baths
  • Total Baths
    4
  • Zip
    02852
  • Office name
    Keller Williams Realty NRI
  • SQFT
    5369
  • Bedrooms
    5
  • Property type
    Residential
  • Year built
    1790
  • Heating
    Baseboard,Gas
  • Tax year
    2018
  • Agent name
    Premier Prop RI - Marc & Sarah Santos
  • Tax amount
    $ 6178.0
  • Purchase Type
    Active
  • HOA fees
    $ 0.0
  • Price Range
    $300k-$400k
  • Square Feet Range
    5000-7000 sq ft.
  • Bedrooms Range
    5 Beds
  • Year Built Range
    1989 (and earlier)

Location

Have questions?

We can help.

Let's chat!

First Name
Last Name
Email
Phone
Best time to call

Success!

We'll get in touch with you soon.

We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info