Sold

23 Melrose Street

23 Melrose Street, East Greenwich, RI 02818

$750,000
Fantastic opportunity in downtown EG steps to Main St! Legal 8 unit multi family with driveway parking that is also directly across the street from a municipal lot providing ample parking for all tenants. Many updates/upgrades in the last 2 years that have raised the NOI significantly. Plenty of room to continue to increase the NOI for a cash cow. Currently generating $7,325 in monthly rents plus additional income from coin op laundry. Fully occupied building. Unit info is condensed to fit MLS, ECPN has listing as well. Call today to schedule your private showing.
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9
beds

8
baths

7,034 Sq.Ft. LIVING AREA

0.1 Acres lot

Features & Amenities

Interior

  • total bedrooms9
  • Total bathrooms8
  • full bathrooms8
  • Laundry room Common Area
  • Flooring Carpet, Hardwood
  • Fireplace None
  • APPLIANCES Gas Water Heater
  • other interior Features Tub Shower

Area & Lot

  • Status Sold
  • Living Area7,034 Sq.Ft.
  • Lot Area0.1 Acres
  • MLS ID1231954
  • TypeMULTI_FAMILY
  • YEAR BUILT1930
  • Architecture StylesApartment

Exterior

  • STORIES3
  • Garage Space0
  • water SourceConnected
  • utilitiesSewer Connected
  • parkingNo Garage
  • HEAT TYPEGas, Steam
  • AIR CONDITIONINGWindow Unit(s), Wall Unit(s)
  • sewerConnected
  • SubstructureDrywall, Clapboard, Shingle Siding

Financial

  • Sales Price$750,000
  • Real Estate Tax $14,384
Sean Carlino

Sean Carlino

TITLE

President

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