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23 Melrose St, East Greenwich, RI 02818

9 Bed, 4 Bath Multi-Family Home For Sale

23 Melrose St, East Greenwich, RI 02818 House For Sale - MLS #1219444
$995,000
9
4
Multi-Family
4 Family
Listed By: Esquire Property

Property Description for 23 Melrose St, East Greenwich, RI 02818

Fantastic opportunity in downtown EG steps to Main St! 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 $7,175 in monthly rents plus additional income from coin op laundry. Fully occupied building. Call today to schedule your private showing.

Interior Details

7,034 sq. ft.
$141.46/sq. ft.
16
Connected
Connected

Exterior Details

0.10 acres
4,400 sq. ft.
3
Mixed

Other Details

1219444
1930
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(20%)

Monthly Mortgage Payments

$4,520
$6,295

Town Description

There were 4,960 households out of which 36.2% had children under the age of 18 living with them, 61.5% were married couples living together, 7.9% had a female householder with no husband present,...

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