MLS® ID: 1231954

23 Melrose Street

East Greenwich, Rhode Island, 02818

$825,000 Active
  • 9 Beds
  • 8 Baths
  • 7034 SQFT
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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Listing courtesy of Esquire Property

Amenities

  • Full baths
    8
  • Full Baths Range
    4+ Baths
  • Total Baths
    8
  • Zip
    02818
  • Office name
    Esquire Property
  • SQFT
    7034
  • Bedrooms
    9
  • Property type
    ResidentialIncome
  • Year built
    1930
  • Sewer
    Connected
  • Heating
    Gas,Steam
  • Tax year
    2018
  • Agent name
    Sean Carlino Esq.
  • Tax amount
    $ 14384.0
  • Purchase Type
    Active
  • Price Range
    $800k-$900k
  • Square Feet Range
    7000+ sq ft.
  • Bedrooms Range
    9 Beds
  • Year Built Range
    1989 (and earlier)

Location

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