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Sheena Ruggirello

sheena.ruggirellos@gmail.com +1(860) 222-4734

$1,650,000

Est. payment - /mo

12 Beds

9 Baths

7,000 SqFt

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,000 sqft

Price per Sqft $235

MLS Listing ID 1410266

Bedrooms 12

Full Baths 8

Half Baths 1

HOA Y/N No

Abv Grd Liv Area 7,000

Year Built 1865

Annual Tax Amount $16,000

Tax Year 2024

Lot Size 0.505 Acres

Acres 0.5051

Property Sub-Type Multi Family

Property Description

Located in the heart of East Greenwich's vibrant downtown district, this mixed-use investment offering presents a rare opportunity in one of Rhode Island's most sought-after markets. Known for its strong demographics and consistent demand for both residential and commercial space, East Greenwich continues to attract a diverse tenant base and long-term investment interest. The property consists of 2 parcels(one zoned residential, the other zoned mixed commercial) with four separate structures totaling eight units, providing a blend of residential and commercial uses: Two multifamily buildings, each with three residential units One commercial garage structure One commercial building, currently leased to a retail tenant Six of the eight units are currently leased, offering immediate income with a mix of residential and commercial tenancy. The existing rent roll provides a solid foundation, while the remaining units and commercial spaces may offer potential for future leasing or repositioning, subject to buyer due diligence. This property is being offered as-is. Buyers are encouraged to perform their own independent verification of all income, expenses, and property details. With its central downtown location, mixed-use configuration, and multiple income streams, this asset may appeal to investors seeking a property with both current cash flow and potential for future optimization. For additional information, please inquire directly.

Location

State RI

County Kent

Zoning R6, M/LI

Rooms

Basement Full, Interior Entry, Unfinished

Interior

Heating Gas, Hot Water

Cooling None

Flooring Other

Fireplace No

Appliance Electric Water Heater

Exterior

Parking Features Detached

Garage Spaces 7.0

Utilities Available Sewer Connected

Total Parking Spaces 11

Garage Yes

Building

Sewer Connected

Water Connected

Structure Type Wood Siding

New Construction No

Others

Senior Community No

Tax ID 134142DUKESTEGRN

Virtual Tour https://tour.RiLiving.com/134-Duke-Street-East-Greenwich-RI-02818

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Listed by Edge Realty RI

Nearby School & Business

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Sheena Ruggirello

+1(860) 222-4734

Agent | License ID: CN234452

Agent License ID: CN234452

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134 Duke ST East Greenwich, RI 02818

Sheena Ruggirello

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information