46 Village Way

Burrillville RI 02826

5014 sq. ft.

57064 sq. ft.

Multi-Family

Last sold for $825,000

David Sepulveda, last sold this property on 16 May 2025 after 37 days on market.

Overview

Cash-Flowing 4-Unit Multifamily with Expansion Potential Investor's dream in the heart of Burrillville! This well-maintained four-unit multifamily property offers strong existing cash flow with long-term tenants in place, making it a turn-key addition to any portfolio. The 2nd floor has a 3 bed town house that has been completely renovated as well as a separate 2 bed apartment. The first floor has a 2 bedroom apartment that has been completely renovated and a 2 bedroom apartment that has been updated with in unit laundry, All with separate utilities, all electric, central fire alarm, separate utilities, vinyl siding, architectural shingles, city sewer and stable rental income with cash flow of 7600 for 4 units. But the real value lies in the potential: Ability to finish the basement for a 5th unit perfect for increasing NOI and property value. Includes a potentially buildable lot, opening doors for future condo development or resale. Plenty of off-street parking and a spacious yard add tenant appeal and development flexibility. Whether you're looking to house hack, expand your investment portfolio, or build out additional units, this property offers multiple value-add opportunities in a strong rental market. Don't miss out opportunities like this are rare in Burrillville. Reach out today for financials or a private tour!

Features

7 bedrooms

4 bathrooms

10 carspaces

5014 sq. ft. floor area

57064 sq. ft. lot size

Multi-Family

Estimated Value

We need at least 3 similar 7 bedroom multi families sold in Burrillville over the last 12 months.

Property history for 46 Village Way

2025

Sold

$825,000

16 May 2025 by David Sepulveda, of Real Broker, LLC

Happy sellers in Burrillville

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