361 Chapel Street

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.