620 Killingly Street, Johnston, RI 02919
sale
$899,900
|
Other
Courtesy Of RE/MAX PROPERTIES
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 single-level 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-to-month 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.
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Property Features
- Age: Over 50 Years Old
- Building Units: 3
- Cooling System: Central Air
- Exterior Type: Masonry
- Exterior Type: Brick
- MLSID: 1417126
- Parking Spaces: 15
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