620 Killingly St, Johnston, RI, 02919
About This Home
This turnkey, four-unit commercial property — three commercial units and one residential unit — is fully occupied and offers immediate, diversified income. The property sits on a generous 13,068 sq. ft. lot with newly paved and lined parking for 19 vehicles, and is fully up to date on security and fire code compliance. Both buildings feature newer heating systems. The singlelevel building features a double unit currently leased to a pizza and pasta restaurant (Tenant 1), with 5 years remaining on the lease — providing stable, long-term income. The second building is a versatile up-and-down, mixed-use structure with month-tomonth tenants: a small business occupies the first-floor commercial unit (Tenant 2), while a residential apartment sits above on the second floor (Tenant 3). This front building features a solid Trex stairway for durable, low-maintenance access. With diversified income streams, ample on-site parking, full occupancy, and turnkey maintenance already in place, this is a fantastic opportunity for investors seeking a well-rounded, income-producing property.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1996
Materials
- Foundation: Concrete Perimeter
- Construction materials: Plaster,Masonry
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Electric Water Heater,Gas Water Heater
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 3
- 1/2 bathrooms: 3
Features
- Wall (Plaster),Plumbing (Mixed),Insulation (Unknown)
- Flooring: Hardwood,Vinyl
- Fireplace features: None
Heating & Cooling
- Heating features: Natural Gas,Baseboard
- Cooling features: Central Air,Window Unit(s)
Interior Area
- Total structure area: 3,377
- Total interior livable area: 3,377 sqft
Property
Details
- Attached to another structure: Yes
Features
- Stories: 2
Lot
- Lot size: 0.30 Acres
Parking
- Total spaces: 19
- Parking features: No Garage
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Inland Flooding
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Rhode Island Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,550 | $54,600 |
| Home Insurance * | $365 | $4,380 |
| Property Taxes | $892 | $10,704 |
| Electricity | $687 | $8,253 |
| Total | $6,494 | $77,928 |
Income You'd Need if You Spent...
Rhode Island FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-17 | Listed for sale | $899,900 |
View on Zillow