23 Melrose Street

    East Greenwich, RI 02818
    • $799,000
    • STATUS: Active
    • ON SITE: 99 days
    • MLS #: 1231954
    Price Reduced
    UPDATED: 16 min ago
    $799,000
    • 9
      BEDS
    • 0.1
      ACRES
    • 8
      BATHS
    • 0
      1/2 BATHS
    • 7,034
      SQFT
    • $114
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1930
    County:

    School Ratings & Info

    Description

    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.

    Monthly Payment Calculator





    © 2019 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than The Seyboth Team are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or The Seyboth Team. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2019-11-19T23:38:09.803.
    www.seybothteamhomes.com/homes/97851249

    23 Melrose Street East Greenwich, RI 02818

    • Price: $799,000
    • Status: Active
    • Updated: 16 min ago
    • MLS #: 1231954
    9
    Beds
    8
    Baths
    0
    ½ Baths
    0.1
    Acres
    7,034
    SQFT
    $114
    $/SQFT
    1930
    Built
    Neighborhood:
    Main St
    County:
    Kent
    Area:
    East Greenwich
    Property Description
    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.
    Exterior Features

    Construction Materials DrywallClapboardShingle Siding Covered Spaces 0 Foundation Details Combination Garage YN No Parking Features None Parking Total 3

    Interior Features

    Appliances Gas Water Heater Basement Exterior EntryFullInterior EntryUnfinished Basement YN Yes Cooling Wall/Window Unit(S) Fireplace Features None Fireplace YN No Fireplaces Total 0 Flooring CarpetHardwood Heating GasSteam Interior Features Tub Shower

    Property Features

    Electric 200+ Amp Service Land Lease YN No Laundry Features Common Area Operating Expense 27584 Property Sub Type Multi Family Senior Community YN No Sewer Connected Tax Annual Amount 14384 Tax Lot 237 Tax Year 2018 Water Source Connected

    Listing information © 2019 State-Wide Multiple Listing Service.
    Listing provided courtesy of Esquire Property.





    © 2019 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than The Seyboth Team are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or The Seyboth Team. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2019-11-19T23:38:09.803.
     
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    Providence RI, 02904