45 High Street Burrillville, RI 02859
MULTI_FAMILY - Burrillville, RI
Property Features for 45 High Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Bedrooms
- 7
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 6, Bathroom 4, Bedroom 7, Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 4, Basement
- Parking
- 8
- Parking features
- None
- Patio and Porch features
- Deck
- Interior features
- Wall (Dry Wall), Wall (Paneled), Wall (Plaster), Wall (Wood), Attic, Attic Stairs, Plumbing (Mixed), Insulation (Unknown)
- Exterior features
- Deck
- Basement
- Full, Unfinished
- Appliances
- Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
- Standard status
- Active
- Size
- 3,352 SF
- Lot size
- 0.33 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5699
Utilities
- Heating system
- Oil, Baseboard
Building Details
- Year built
- 1900
- Floors in Building
- 3
- Number of units
- 3
- Flooring type
- Hardwood, Laminate, Carpet, Tile - Ceramic
- Building materials
- Dry Wall, Paneled, Plaster, Wood Wall(s), Vinyl Siding
Listing agent Tyler Gammons (508) 810-0700
Listing office Bhhs Commonwealth Real Estate 39 Main Street, Hopkinton, RI (401) 886-6100
Listing date Jul 6, 2026
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The home sits on a 0.326-acre lot and provides plenty of off-street parking for tenants and guests. According to the remarks, all tenants pay their own utilities, which can simplify ongoing operating expenses and budgeting for an owner. The property is presented as a for-sale opportunity in Burrillville, Rhode Island.
For investors and owner-occupants, this layout allows one party to live in the first-floor unit while the remaining floors generate rental income. The mix of unit sizes and the presence of private basement access on the first level can also be attractive for tenants who want more in-unit storage or flexibility. Recent interior updates to the upper units, along with the mechanical and exterior improvements, provide a more turn-key profile for a new owner.
Key Highlights
- Updated 3‑family home on High Street (A‑C) with multiple bedroom/bath layouts across three floors.
- 1st‑floor unit includes 3 bedrooms, 2 full baths, and private access to a full basement.
- 2nd- and 3rd‑floor units each offer 2 bedrooms and 1 full bath.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $85.3k | $25.44 |
| − Vacancy | −$5.5k | −$1.65 |
| EGI | $79.7k | $23.79 |
| − OpEx | −$23.9k | −$7.14 |
| NOI | $55.8k | $16.65 |
