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Restored 17-Unit Apartment Building
For Sale
$5,000,000

64 Mill Street, Johnston, RI 02919

Historic mill-style community with resident amenities, updated finishes, and off-street parking.

Property SizeContact for details
Days on Market50

Property Features for 64 Mill Street

General Information

Standard status Active
Total Parking Spaces 30
Occupancy 100%

Units

Unit Mix 15 x 1BR, 2 x 2BR
Multifamily Units 17

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $25,261

Amenities

exposed brickwork
on-site gym
community lounge areas
dog spa

Building Details

Year Built 1880
Buildings 1
Construction mill-style
Listing Agency:
Listed By: Marisela Vasquez
Source: Mydreamhomerealty.idxbroker
Added: Jul 12 Changed: Aug 29 Last Checked: Aug 30 at 1:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marisela Vasquez

Investment Insights

Based on property information with market context.

This 17-unit apartment community occupies a historic mill-style building originally constructed in 1880 and rebuilt or restored 2 years ago. The unit mix includes fifteen 1-bedroom apartments and two 2-bedroom apartments. Interior features include exposed brickwork and updated finishes, while shared amenities include an on-site gym, community lounge areas, and a dog spa. Off-street parking is provided for residents, and tenants pay utilities.

The property is fully occupied and situated in Johnston's historic village near shopping, dining, and services along Atwood Avenue. Johnston Memorial Park is nearby, with access to Route 6, Interstate 295, and Interstate 95. Providence, Rhode Island College, and T.F. Green Airport are a short drive away.

Key Highlights

  • 17‑unit apartment community with fifteen 1‑bedroom units and two 2‑bedroom units
  • Originally constructed in 1880 and rebuilt or restored 2 years ago
  • Fully occupied residential property with a strong waitlist

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Auto Parts Store (Bike/Boat/Book/etc) Store Law Firm Big Box & Wholesale Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

17
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

373
Businesses Nearby

Demographics for 02919, RI

29,473
Population
11,993
Households
2.5
Avg Household Size
45
Median Age
29%
College-Educated
91%
High-School Grad
23.5 sq mi
ZIP Area
1,254
Density / Sq Mi
$87,811
Median Household Income
$56,068
Median Earnings
$1,259
Median Rent
$326,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Historic mill-style community with resident amenities, updated finishes, and off-street parking.
Where is this apartment building located?
The property is located at 64 Mill Street Johnston, RI.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 17‑unit apartment community with fifteen 1‑bedroom units and two 2‑bedroom units; Originally constructed in 1880 and rebuilt or restored 2 years ago; Fully occupied residential property with a strong waitlist
More about this property
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