Commercial at 361 Chapel Street, Burrillville
Commercial at 361 Chapel Street, Burrillville, photo 2 of 16
Commercial at 361 Chapel Street, Burrillville, photo 3 of 16
Commercial at 361 Chapel Street, Burrillville, photo 4 of 16
Commercial at 361 Chapel Street, Burrillville, photo 5 of 16
Commercial at 361 Chapel Street, Burrillville, photo 6 of 16
Commercial at 361 Chapel Street, Burrillville, photo 7 of 16
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Commercial at 361 Chapel Street, Burrillville, photo 10 of 16
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Commercial at 361 Chapel Street, Burrillville, photo 16 of 16
16 photos

$675,000

361 Chapel Street
Burrillville, RI 02830
Listed by Cody Sequino
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1888

About this home

Great investment opportunity in the heart of downtown Burrillville! This versatile property features 9 TOTAL UNITS with 6 of them being residential apartment units PLUS 3 commercial storefront spaces, offering multiple opportunities for rental income and future growth. All six residential apartments are currently fully rented and consist of two 3-bedroom units and four 2-bedroom units. Some units feature updates including refreshed kitchens, newer flooring, and fresh paint. The property also offers an onsite laundry room, providing an additional opportunity for income with future coin-operated washers and dryers. The commercial storefront spaces are currently vacant and offer a blank canvas for future tenants, allowing them the flexibility to renovate and customize their space to suit their individual business needs. With plenty of onsite parking located at the rear of the building, convenience is an added benefit for both residential and commercial tenants. Tenants are responsible for their own gas and electricity, helping to minimize the owner's operating expenses. Come take a look.

Property details

MLS #
1425187
Property type
Commercial
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
October 6, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
9
Lot size
0.75 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
William Callahan School
0.19 mi away · Grades 2-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
328
Student:teacher ratio
14.3:1
District
Burrillville
Middle
Burrillville Middle School
3.26 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
504
Student:teacher ratio
12.3:1
District
Burrillville
High
Burrillville High School
1.02 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
666
Student:teacher ratio
11.9:1
District
Burrillville

Walkability

Blended score for Burrillville's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

66
Walkable
out of 100
EPA National Walkability Index
14.7 / 20 -- Above average walkable
Google Places amenity density
55 / 100
Restaurants & cafes4
Grocery stores1
Parks11
Schools5
Transit stops10
Pharmacies0

Market position

How this listing compares to current activity in Burrillville, from live MLS data.

On the market 0 days -- 69 fewer days than Burrillville's current average of 69 days.
For reference, the median list price across 115 active listings in Burrillville right now is $475,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$4,215/mo
$135,000 down
$540,000 loan
Principal & interest$3,502
Property tax (est.)$563
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 2 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.