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

0.1 Acres lot

Features & Amenities

Interior

  • Laundry roomCommon Area
  • FlooringCarpet, Hardwood
  • FireplaceNone
  • APPLIANCESGas Water Heater
  • total bedrooms9
  • total bathrooms8
  • full bathrooms8
  • other interior FeaturesTub Shower

Area & Lot

  • Type MULTI_FAMILY
  • Lot Area0.1 Acres
  • Status Sold
  • MLS ID191231954
  • YEAR BUILT1930

Exterior

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

Financial

  • PRICE$750,000
  • Real Estate Taxes$14,384 /
Sean Carlino

Sean Carlino

TITLE

President

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