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.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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