Are looking for great investment opportunity?
Would you be interested in having someone else pay your mortgage?
Then 21 Jackson Ave in Johnston, Rhode Island may just be the property for you! Also know as 19-23 Jackson Ave, this three family home features three great sized units and an awesome triple sized lot of .38acres (16,553 square feet).
Just 5 miles to Providence, 11 miles to TF Green Airport, 50 miles to Boston… centrally located, you can get everywhere you need to go with ease.
Tenants will love the spacious yard both to the side of the home and to the rear of the home. No worries about parking, there is plenty of room for all three tenants. You will also love the fact that a brand new roof was just put on in 2017. All of the apartments feature two bedrooms, separate utilities, vinyl siding, and second egresses. The first and third floor units are currently vacant, cleaned, and spiffed up for their next residents.
Rental Income Information:
The property management company would expect to bring in $975 per month for the first floor unit which features a living room, dining room, eat-in kitchen with appliances, two bedrooms, and a great front porch for relaxing.
The third floor unit boasts a living room, eat-in kitchen with appliances, two bedrooms, and two awesome storage spaces tenants will love! The management company estimates getting $850 per month for the third floor apartment.
The second floor unit is currently rented to a responsible tenant for $925 per month. This unit is very similar to the first floor unit offering a great sized eat-in kitchen, living room, dining room, and a wonderful second level private porch.
The classic old field stone basement offers separate storage spaces for each tenant and laundry hook-ups. This area could use a little TLC but it is functional and has tons of potential.
Easy to show… just fill out the contact form below or give a call!! We’d love to find this property a wonderful new owner who can make it shine again!
Always a pleasure to be of any assistance to you or anyone you know who is thinking about buying or selling a home. I love to work hard for my clients and your referrals throughout Massachusetts and Rhode Island.
Jennifer McMorran, Realtor, SRES
New Construction & First Time Home Buyer Specialist
MA & RI Licensed Real Estate Sales Assocate
Kensington Real Estate Brokerage
real estate for real people.
Serving clients throughout
Massachusetts & Rhode Island.
Boston – Attleboro – Providence
and the communities in between.