63 Shady Lea RD, North Kingstown, Rhode Island 02852

$569,000
9
BD
4
BA
List Price
$569,000
MLS#
1223404
Status
ACT UND CONTRACT
Type
Multifamily
City
North Kingstown
County
Washington
Neighborhood
Shady Lea
Bedrooms
9
Full Baths
4
Bathrooms Total
4
Year Built
1850
Acres
0.3393
Lot Size SqFt
14,782

Property Description

Exceptional and rare 4-Unit Multifamily residential building in a great NK location on Shady Lea Rd. All four units are currently occupied with quality long term tenants. This property is a great investment opportunity for immediate cash flow with lots of room to increase rents going forward. ($53,100.00 annual rental income currently). All tenants are on month-to-month leases. The building is mostly turn key as three of the four units have already been updated. Completed in the last few years: new roof, new vinyl siding, hardwood floors refinished, new double-pane double-hung energy efficient windows, chimney re-pointed, etc. Rare offering in North Kingstown!

Additional Information

Annual Income
53100
Annual Expenses
8710
Exterior
Vinyl Siding
Equipment
Alarm Owned, Oven/Range, Refrigerator
Electric
200 Amps
Cooling
None
Sewer
Septic System
Plumbing
Mixed
Water
Connected

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams N. Kingstown.

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