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23 Melrose St, East Greenwich, RI 02818

9 Bed, 8 Bath Multi-Family Home For Sale

23 Melrose St, East Greenwich, RI 02818 House For Sale - MLS #1231954
$825,000
9
8
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! 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.

Interior Details

7,034 sq. ft.
$117.29/sq. ft.
16
Connected
Connected

Exterior Details

0.10 acres
4,400 sq. ft.
3
Mixed

Other Details

1231954
1930
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(20%)

Monthly Mortgage Payments

$3,747
$5,219

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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