Burrillville, RI 02826,44-46 Village Way

$825,000

Est. payment /mo

$799,000

3.3%
Est.Price: ?

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44-46 Village Way Burrillville, RI 02826

7 Beds

4 Baths

3,800 SqFt

SOLD DATE : 05/16/2025

Key Details

Sold Price $825,000

Property Type Multi-Family

Sub Type 4 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,800 sqft

Price per Sqft $217

MLS Listing ID 24087185

Sold Date 05/16/25

Style Units on different Floors

Bedrooms 7

Full Baths 4

Year Built 1940

Annual Tax Amount $4,831

Lot Size 1.310 Acres

Property Sub-Type 4 Family

Property Description

Cash-Flowing 4-Unit Multifamily with Expansion Potential Investor's dream in the heart of Burrillville! This well-maintained four-unit multifamily property offers strong existing cash flow with long-term tenants in place, making it a turn-key addition to any portfolio. The 2nd floor has a 3 bed town house that has been completely renovated as well as a separate 2 bed apartment. The first floor has a 2 bedroom apartment that has been completely renovated and a 2 bedroom apartment that has been updated with in unit laundry, All with separate utilities, all electric, central fire alarm, separate utilities, vinyl siding, architectural shingles, city sewer and stable rental income with cash flow of 7600 for 4 units. But the real value lies in the potential: Ability to finish the basement for a 5th unit-perfect for increasing NOI and property value. Includes a potentially buildable lot, opening doors for future condo development or resale. Plenty of off-street parking and a spacious yard add tenant appeal and development flexibility. Whether you're looking to house hack, expand your investment portfolio, or build out additional units, this property offers multiple value-add opportunities in a strong rental market. Don't miss out-opportunities like this are rare in Burrillville. Reach out today for financials or a private tour!

Location

State RI

County Providence

Zoning R40

Rooms

Basement Full

Interior

Heating Baseboard

Cooling None

Exterior

Parking Features None

Waterfront Description Not Applicable

Roof Type Gable

Building

Foundation Concrete

Sewer Public Sewer Connected

Water Private Well

Schools

Elementary Schools Auston T Levy Primary

High Schools Burrillville

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Listed by David Sepulveda • Real Broker CT, LLC
Bought with Non Member • Non-Member
agent

Maria Miller

Agent | License ID: RES.0813174

+1(860) 235-6635

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