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

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
Lot Area0.1 Acres
MLS® ID191231954
TypeMulti-Family
YEAR BUILT1930

Exterior

water SourceConnected
parkingNone
HEAT TYPEGas, Steam
AIR CONDITIONINGWall/Window Unit(s)
sewerConnected
SubstructureCombination

Financial

Sales Price$750,000
Real Estate Tax $14,384

Sean Carlino

title President
PHONE (401) 640-6010
EMAIL [email protected]

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Our Brokers strive to break the stereotypes commonly associated with Real Estate agents. We pride ourselves on maintaining strong communication levels with our clients so you never feel like you have to reach out for updates and are always informed. Our phones are always on and we welcome communication with clients at any time 24/7.

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Sean Carlino

Phone

(401) 640-6010

[email protected]

Address

19 Grassmere St., Warwick, RI 02889

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