About This Home
This 1-bedroom, 2-bathroom residential multi family at 620 Killingly Street in Johnston, RI is listed for $899,900 ($266 per sqft). Built in 1996, the home offers 3,377 sqft of living space on a 0.30 acres lot.
Key Features
- Built in 1996
- 0.30 acre lot
- 2 stories
- 19 parking spaces
Property Details
Amenities
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 singlelevel 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-tomonth 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.
Monthly Cost Estimate
$4,813/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
620 Killingly Street
Johnston, RI 02919
Killingly
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 1-bedroom, 2-bathroom residential multi family at 620 Killingly Street is listed at $899,900 ($266/sqft). The estimated monthly payment is $4,812 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1996, 0.30 acre lot, 2 stories, 19 parking spaces. Interior Features: Wall (Plaster), Plumbing (Mixed), Insulation (Unknown).
This property is listed by Kenneth Scotti and can be reached at (401) 232-3900.