About This Home

This 6-bedroom, 4-bathroom residential multi family at 78 Serrel Sweet Road in Johnston, RI is listed for $715,000 ($215 per sqft). Built in 1915, the home offers 3,328 sqft of living space on a 0.11 acres lot.

Key Features

  • Built in 1915
  • 0.11 acre lot
  • 3 stories
  • 4 parking spaces

Property Details

3 stories
4 full
4 spaces
1915

Amenities

Hardwood
Listing Description

Excellent investment opportunity! This four-unit multifamily property in Johnston offers strong, established rental income with **$6,850 per month ($82,200 annually)** currently being collected. The property features a desirable unit mix consisting of (2) one-bedroom, one-bathroom apartments and (2) two-bedroom, one-bathroom townhouse-style units.

Each unit has separate utilities, with tenants responsible for their own gas and electricity. Additional highlights include updated kitchens and bathrooms, fire-code compliance, lead certificates, off-street parking, on-site laundry facilities, and a shared backyard. With established tenants, strong rental income, and an attractive price point, this property presents an excellent opportunity for investors looking to expand their portfolio and generate immediate rental income. Schedule your private showing today!

Monthly Cost Estimate

$3,824/mo

20% down · 6.5% · 30 years

Principal$517
Interest$3,098
Insurance$209

Estimates only. Actual payments may vary.

Location

78 Serrel Sweet Road

Johnston, RI 02919

Features & Amenities

Interior Features

Wall (Plaster)Plumbing (Mixed)Insulation (Unknown)

Property Details

Flooring

Tile - CeramicVinylHardwood

Construction

Plaster Clapboard

Parking

None

Heating

Natural GasBaseboard

Appliances

DishwasherDryerMicrowaveOvenRangeRefrigeratorWasherGas Water Heater

Questions & Answers

This 6-bedroom, 4-bathroom residential multi family at 78 Serrel Sweet Road is listed at $715,000 ($215/sqft). The estimated monthly payment is $3,824 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1915, 0.11 acre lot, 3 stories, 4 parking spaces. Interior Features: Wall (Plaster), Plumbing (Mixed), Insulation (Unknown).

This property is listed by Riley White.

RW

Riley White

Agent at Keller Williams Realty Leading Edge

Listed by Keller Williams Realty Leading Edge · Broker phone: (401) 333-4900 · View on Broker Site · Broker website

MLS# 1426454· Source: State Wide MLS of Rhode Island, Inc.· 12 days on PropertySimple

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

78 Serrel Sweet Road, Johnston, RI 02919

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