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659 Killingly Street, Johnston, RI 02919

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For Sale
Sale Pending

$649,000

2 beds • 1 baths • 2 half baths • 2,802 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $231.62
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

659 KILLINGLY STREET IS POSITIONED ON A HEAVILY TRAFFICKED MAIN ROAD IN JOHNSTON NEAR THE BORDER OF BOTH NORTH PROVIDENCE AND PROVIDENCE. ZONED B-2 THE OPTIONS ARE ENDLESS. "JOHNA'S RESTAURANT" OPERATED IN THIS BUILDING FOR YEARS AS A PROFITABLE BUSINESS. THE SECOND LEVEL (1,114 SQ. FT.) IS CURRENTLY USED AS AN OFFICE--EASY CONVERSION TO (1) THREE BEDROOM UNIT (FULL BATHROOM ALREADY EQUIPPED). ANOTHER OPPORTUNITY TO CONVERT THE ENTIRE BUILDING TO UP TO FOUR RESIDENTIAL UNITS. LOT IS SUBDIVIDABLE FOR ANOTHER DUPLEX. RESTAURANT EQUIPMENT INCLUDED IN SALE. BUYER TO CONDUCT DUE DILIGENCE. BUILDING IS IN GREAT CONDITION. INCLUDED ARE KITCHEN AND RESTAURANT ASSETS. MAINTENANCE SCHEDULE OUTLINES UPDATED LIKE NEW BOILER (2023), NEW ROOF (2015), NEW WINDOWS (2015), NEW ELECTRIC (2015). GREAT OPPORTUNITY TO OPERATE RESTAURANT, BUILD-OUT FOR RESIDENTIAL RENTAL INCOME, UTILIZE FLEXIBLE B2 ZONING, AND POTENTIALLY SUBDIVIDE AND DEVELOP THE BACK LOT.
MLS# 1384356

Courtesy Of Smith And Oak Real Estate Co.

(401) 464-2617

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Floor Covering
    Tile, Tile - Ceramic
  • Heating System
    Forced Air
  • Lot Size
    0.31 Acres

Map and Directions

Directions to 659 Killingly Street, Johnston, RI 02919

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Monthly Payment Breakdown

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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