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575 Main Street, East Greenwich, Commercial

$ 1,950,000
575 Main Street,
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Overview

  • Updated On:
  • October 28, 2024

Description

Situated in the heart of the historic district of downtown East Greenwich, 575-591 Main St & 5-7 Friendship St offer a prime investment opportunity. This property encompasses two buildings with full basements, featuring 9 units: 3 renovated apartments and 6 thriving commercial spaces. The residential units include two 2-bed apartments and one 1-bed apartment, all with private entrances, updated interiors, individually metered electric and gas. Each commercial space boasts a bathroom, AC, individual metered gas and electric, signage, and private entrances. The property has been well-maintained with numerous updates to ensure efficient management. This income-producing property is an exceptional find in a sought-after location. P&L provided upon request. Contact today for a private tour.

Address: 575 Main Street
State/County:
Zip: 02818
Country: US
Open In Google Maps
Property Id : 1391305
Price: $ 1,950,000
Property Lot Size: 0 ft2
Basement: Full
Bridge Modification Timestamp: 2024-10-28T04:35:38.432Z
Building Area Total: 8900
Business Type: Mixed,Residential,Retail
Community Features: Interstate,Public School,Restaurants
Construction Materials: Brick
Contract Status Change Date: 2024-10-17
Cooling: Central Air,Individual Unit
Door Features: Loading Door
Electric: Individual Meter
Foundation Details: Mixed
Furnished: Unfurnished
Gas: Connected
Heating: Baseboard,Gas Connected,Hot Air
List Agent Direct Phone: 401-368-4485
List Agent Email: sveloso@residentialproperties.com
List Agent Full Name: Bessette Veloso Group
Listing Contract Date: 2024-10-17
Listing Id: 1371099
Living Area Units: Square Feet
Lot Features: Downtown,Historic,Strip Store
Lot Size Area: 10715.76
Lot Size Square Feet: 10715.76
Lot Size Units: Square Feet
Mls Status: Active
Modification Timestamp: 2024-10-28T04:32:17.490Z
Number Of Buildings: 2
Number of Units in Community: 9
Number of Units Leased: 9
Number of Units Total: 9
Occupant Type: Tenant
Original Entry Timestamp: 2024-10-17T13:30:21.920Z
Original List Price: 1950000
Parking Total: 8
Possible Use: Mixed Use,Multi-Family,Residential,Retail,Mixed Use
Road Surface Type: Black Tar
Security Features: Carbon Monoxide Detector(s),Fire Alarm,Fire Escape,Security Lights,Smoke Detector(s)
Sewer: Connected,Public Sewer
State or Province: RI
Status Change Timestamp: 2024-10-17T13:30:21.920Z
Stories Total: 3
Street Additional Info: 591
Street Name: Main
Street Number: 575
Street Suffix: Street
Structure Type: Apartment,Multi Family,Residence,Subdivided
Tax Annual Amount: 22164
Tax Year: 2024
Utilities: Natural Gas Connected,Municipal Water
Water Source: Connected
Year Built: 1960
Other Features
Ceiling Height: 7-9 Ft,9-12 Ft,15-17 Ft
Has Cooling System
Has Heating System
Property Attached
$ 7,560.54
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 7,560.54

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