$715,000
About this home
Excellent investment opportunity! This four-unit multifamily property in Johnston offers strong, established rental income with **$6,850 per month ($82,200 annually)** currently being collected. The property features a desirable unit mix consisting of (2) one-bedroom, one-bathroom apartments and (2) two-bedroom, one-bathroom townhouse-style units. Each unit has separate utilities, with tenants responsible for their own gas and electricity. Additional highlights include updated kitchens and bathrooms, fire-code compliance, lead certificates, off-street parking, on-site laundry facilities, and a shared backyard. With established tenants, strong rental income, and an attractive price point, this property presents an excellent opportunity for investors looking to expand their portfolio and generate immediate rental income. Schedule your private showing today!
Property details
- MLS
- Rhode Island Association of REALTORS
- MLS #
- 1426454
- Property type
- Multi Family
- Subdivision
- N/A
- Status
- Active
- Days on market
- N/A
- On market date
- October 20, 2026
- Stories
- 3
- Total bathrooms
- 4
- Garage spaces
- N/A
- Parking spaces
- 4
- Lot size
- 0.11 acres
Location
Get directions →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.
- Enrollment
- 286
- Student:teacher ratio
- 13.0:1
- District
- North Providence
- Enrollment
- 405
- Student:teacher ratio
- 13.5:1
- District
- North Providence
- Enrollment
- 1,095
- Student:teacher ratio
- 12.2:1
- District
- North Providence
Walkability
Blended score for Johnston'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).
Market position
How this listing compares to current activity in Johnston, from live MLS data.
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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.