4 units | Multi Family Home 14780 sq ft lot - MLS# 1223404
Sold for $558,450
on Jul 1, 2019
Exceptional and rare 4-Unit Multifamily residential building in a great NK location on Shady Lea Rd. All four units are currently occupied with quality long term tenants. This property is a great investment opportunity for immediate cash flow with lots of room to increase rents going forward. ($53,100.00 annual rental income currently). All tenants are on month-to-month leases. The building is mostly turn key as three of the four units have already been updated. Completed in the last few years: new roof, new vinyl siding, hardwood floors refinished, new double-pane double-hung energy efficient windows, chimney re-pointed, etc. Rare offering in North Kingstown!
Nathan help my wife and I through multiple real estate transactions, Nate is professional with a true genuine concern to provide the best possible service to his clients. Always available to assist with questions and concerns. His in debt knowledge of home values, legal issues, financing and complex multiple real estate action coordination far exceed my expectations. Highly recommend Nathan you will not be disappointed. pwc02915