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63 Shady Lea Rd, North Kingstown, RI 02852

9 Bed, 4 Bath Multi-Family Home For Sale

63 Shady Lea Rd, North Kingstown, RI 02852 House For Sale - MLS #1223404
$569,000
9
4
Multi-Family
4 Family
Listed By: Keller Williams N. Kingstown

Property Description for 63 Shady Lea Rd, North Kingstown, RI 02852

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!

Interior Details

6,371 sq. ft.
$89.31/sq. ft.
21
Septic System
Connected

Exterior Details

0.34 acres
14,782 sq. ft.
10
Mixed

Other Details

1223404
1850
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(20%)

Monthly Mortgage Payments

$2,585
$3,600

Town Description

There were 10,154 households out of which 35.7% had children under the age of 18 living with them, 40.6% were married couples living together, 46.5% had a female householder with no husband present,...

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