46 Village Way
Burrillville, RI 02826
- 7 beds
- 4 baths
- 5,014 sqft
- ~1 acre lot
- $159 per sqft
- 1940 build
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!
Last checked:
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Last updated Apr 10, 2025
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MLS# 1381856 —
The Building
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Year Built:1940
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New Construction:false
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Building Area Total:5014.0
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Construction Materials:VinylSiding
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Structure Type:Apartment
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Basement:ExteriorEntry,Full,InteriorEntry,Unfinished
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Basement:true
Interior
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Flooring:CeramicTile,Laminate
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Fireplace:false
Room Dimensions
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Living Area Source:PublicRecords
Location
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Latitude:41.973341
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Longitude:-71.629475
The Property
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Property Type:ResidentialIncome
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Property Subtype:MultiFamily
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Lot Size Acres:1.31
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Lot Size Area:57064.0
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Lot Size Square Feet:57064.0
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Lot Size Units:SquareFeet
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Parcel Number:46VILLAGEWYBURR
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Zoning:R40
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (401) 457-8383
- Office phone:
- (855) 450-0442
Taxes
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Tax Year:2024
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Tax Annual Amount:4831.0
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Tax Assessed Value:322500
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Tax Lot:67
Beds
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Bedrooms Total:7
Baths
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Total Baths:4
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Full Baths:4
The Listing
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Virtual Tour URL Unbranded:https://tour.RiLiving.com/46-Village-Way-Burrillville-RI-02826--1381856
Heating & Cooling
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Heating:Baseboard,Electric
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Heating:true
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Cooling:None
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Cooling:false
Utilities
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Electric:CircuitBreakers
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Sewer:PublicSewer
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Water Source:Private
Appliances
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Appliances:ElectricWaterHeater
The Community
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Senior Community:false
Parking
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Parking Total:10.0
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Parking Features:NoGarage
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Garage:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/8/25
Apr 8, 2025
|
Listed / Active | RIMLS | $799,000 |
