This Multifamily Property is no longer advertised on LoopNet.com.

280 Austin Rd
North Kingstown, RI 02852
Multifamily Property For Sale · 5 Units

Investment Highlights

  • Fully occupied with strong cash flow
  • Country/Residential Setting
  • Long-Term Tenants

Property Facts

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Lot Size 0.95 AC
Building Size 5,369 SF
Average Occupancy 100%
No. Stories 2
Year Built 1790
Parking Ratio 2.24/1,000 SF
Zoning VR

Amenities

Unit Amenities

  • Hardwood Floors
  • Yard

About 280 AUSTIN RD , NORTH KINGSTOWN, RI 02852

Extremely rare opportunity to own an investment property consisting of five apartments located in a residential area of North Kingstown! This apartment style building sits on a lovely country setting with plenty of off-street parking. Each one/two-bedroom apartment has its own unique style and floor plan. Some units are on the first level without stairs while others are on the second level. The building is served by Town Water and natural gas heat from National Grid. Utilities are included in the rents for all tenants. One acre lot includes an outbuilding for storage. Fully occupied property has long-term tenants and strong cash flow!

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 5 $872.50 600 - 800

Property Taxes

Property Taxes

Parcel Number
NKIN-000176-000022
Land Assessment
$270,900
Improvements Assessment
$381,300
Total Assessment
$652,200
  • Listing ID: 17630655

  • Date on Market: 11/4/2019

  • Last Updated:

  • Address: 280 Austin Rd, North Kingstown, RI 02852

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