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153 Morgan Ave
Johnston, RI 02919
Fully furnished airbnb with a 15% cap rate. · Multifamily Property For Sale
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2 Units
Property Facts
| No. Units | 2 | Building Size | 2,768 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Lot Size | 8.00 AC | Year Built/Renovated | 1900/2018 |
| Zoning | R20 | ||
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Lot Size | 8.00 AC |
| Building Size | 2,768 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built/Renovated | 1900/2018 |
| Zoning | R20 |
About 153 MORGAN AVE , JOHNSTON, RI 02919
Beautiful two-family that was renovated in 2018. Located in a corner lot in a quiet neighborhood. Both units are vacant and ready for immediate occupancy. In-unit laundry on the second floor. Could easily be converted to a LARGE single family home with 7 bedrooms! Live in one unit, rent out the other or you can do what the seller did and airbnb the second unit. Last year's income on the property was $75K! After expenses that is around a 15% cap rate, a unicorn for any investment property. Furniture negotiable. A lot of possibilities, set up your tour today.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+1 | 1 | - | 1,384 |
| 3+1 | 2 | - | 1,384 |
Property Taxes
| Parcel Number | JOHN-000008-000000-000014 | Improvements Assessment | $0 |
| Land Assessment | $139,400 | Total Assessment | $139,400 |
Property Taxes
Parcel Number
JOHN-000008-000000-000014
Land Assessment
$139,400
Improvements Assessment
$0
Total Assessment
$139,400
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