44 Village Way

Burrillville, RI 02826

$825,000
Last Sold Price
7
Beds
5,014 Sq. Ft.
$165 / Sq. Ft.
5,014
Sq. Ft.
$165
per Sq. Ft.
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Closed 5/16/25
Closed 5/16/25

Description

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...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!
  1. Listed by David Sepulveda • Brokerage DRE #REC.0019744 • Real Broker, LLC
    P: (401)-457-8383 dave.sepy@gmail.com

Amenities

  • Baseboard Heating
  • Basement
  • Ceramic Floors
  • Electric Heat
  • Full Basement
  • Hot Water Heating
  • Laminate Floors
  • Laundry
LISTING UPDATED: 05/17/2025 08:03 PM

Property Details for 44 Village Way

StatusClosed
MLS #1381856
Days on Market6
Taxes$4,831 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1940
Lot Size1.31 AC / 57,064 SF
CountyProvidence County
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Location

Listing Courtesy of Real Broker, LLC

Sold By Suburban Lifestyle Real Estate

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Building Information for 44 Village Way

Stories-Residences4Year Built1940Building Size-Lot Size1.31 AC / 57,064 SF

Payment Calculator

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$4,557 per month

30 year fixed, 6.46% Interest

Principal and Interest

$4,154

Property Taxes

$403

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 44 Village Way

Summary
Location and General Information
  • City: Burrillville
  • Postal City: Burrillville
  • Postal Code: 02826
  • Postal Code Plus4: 1681
  • State Or Province: RI
  • Zoning: R40
  • Human Modified Y N: Yes
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 10
Taxes and HOA Information
  • Tax Annual Amount: $4,831.00
  • Tax Assessed Value: 322500
  • Tax Lot: 67
  • Tax Map Number: 130
  • Tax Year: 2024
Property
Lot Information
  • Above Grade Fin SQFT: 5014.0
  • Building Area Total: 5014.0
  • Living Area Source: Public Records
  • Lot Size Acres: 1.31
  • Lot Size Area: 57064.0
  • Lot Size Square Feet: 57064.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 4446VILLAGEWYBURR
  • Stories Total: 0
  • Structure Type: Apartment
Property and Assessments
  • Buyer Financing: Conventional
  • New Construction Y N: No
  • Number Of Units Total: 4
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1940
  • C L I P: 5,378,834,233
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Private
Interior and Exterior Features
Interior Features
  • Appliances: Electric Water Heater
  • Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 7
  • Cooling: None
  • Cooling Y N: No
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Ceramic Tile, Laminate
  • Heating: Baseboard, Electric
  • Heating Y N: Yes
  • Rooms Total: 26
Multi Family
Income & Expenses Information
  • Operating Expense: $.00
Unit 1 Information
  • Actual Rent: $1,750.00
  • Unit Type Area: 850.0
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $1,850.00
  • Type: TwoBedroom
  • Unit Type Area: 850.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $2,200.00
  • Type: TwoBedroom
  • Unit Type Area: 1250.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 4 Information
  • Actual Rent: $1,800.00
  • Type: TwoBedroom
  • Unit Type Area: 850.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 44 Village Way

DateEvent & SourcePriceAppreciation
May 16, 2025

Sold

Rhode Island Association of REALTORS® #1381856

$825,000—
Apr 14, 2025

Contract Signed

Rhode Island Association of REALTORS® #1381856

—
Apr 8, 2025

Listed (Active)

Rhode Island Association of REALTORS® #1381856

$799,000—
DateEvent & SourcePrice
05/16/2025

Sold

Rhode Island Association of REALTORS® #1381856

$825,000
04/14/2025

Contract Signed

Rhode Island Association of REALTORS® #1381856

—
04/08/2025

Listed (Active)

Rhode Island Association of REALTORS® #1381856

$799,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 44 Village Way

This home is within Burrillville School District.
Rating
School
Type
Grades
Distance
Austin T. Levy School
Public - K to 1
Burrillville Middle School
Public - 6 to 8
Burrillville High School
Public - 9 to 12
William Callahan School
Public - 2 to 5
Rating
School
Distance
Austin T. Levy School
PublicK to 1

Burrillville Middle School
Public6 to 8

Burrillville High School
Public9 to 12

William Callahan School
Public2 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Real Broker, LLC

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.