24 Shea LN

Burrillville,RI 02859

$ 649900

6 Beds

4 Baths

2835 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,835 sqft

Price per Sqft $229

MLS Listing ID 1388348

Bedrooms 6

Full Baths 4

Year Built 1890

Annual Tax Amount $4,842

Tax Year 2024

Lot Size 0.406 Acres

Property Sub-Type Multi Family

Property Description

This well-maintained 4+ unit multifamily offers strong income potential and flexibility in a prime location. Featuring two spacious 2 bedroom, 1 bath units and two 1 bedroom, 1 bath units on the second floor, this property is a true income generator. Some updates have already been made, including new flooring in one unit, new oil tanks, newer paint in some areas, & some electrical and plumbing updates. A detached 3 car garage adds even more earning potential perfect for additional rental income or owner use. Plus, a finished basement provides valuable bonus space for storage or other creative uses. With strong rents in place and a desirable location, this is the perfect opportunity for savvy investors or owner-occupants looking to offset their mortgage. Don't miss out on this cash-flowing property it's a true money maker waiting for its next owner!

Location

State RI

County Providence

Interior

Heating Baseboard,Hot Water,Oil

Cooling Window Unit(s)

Flooring Carpet,Ceramic Tile,Vinyl

Fireplaces Type None

Inclusions Owner occupied. All units are rented on a month to month lease. 2 units will be vacant at time of closing. Flood insurance required. Owner pays $300 a month but was given a cheaper quote recently. Owners current HOI is $1571 annually.

Laundry Common Area

Exterior

Parking Features Detached

Garage Spaces 3.0

Community Features Near Schools,Shopping

Utilities Available Sewer Connected

Waterfront Description River Access,Walk to Water

Building

Lot Description Wooded

Foundation Concrete Perimeter,Stone

Sewer Connected

Water Connected

Structure Type Plaster,Vinyl Siding

New Construction No

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