620 Killingly Street, Johnston, RI 02919

$899,900

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List Price
$899,900
MLS#
1417126
Status
ACTIVE
Type
Commercial
City
Johnston
County
Providence
Year Built
1930

Property Description

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.

Additional Information

Cooling
Central Air, 1 Unit
Sewer
Connected
Taxes
$13,252
Community Features
Golf, Highway Access, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, High Traffic Location

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Properties. Contact: kenscottirealtor@gmail.com

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