134 Duke St, East Greenwich, RI 02818

Beds
12
Baths
9
Sqft
7,000
Garage
Yes

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Listed byEdge Realty RI
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Overview

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

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
12
Number of bathrooms
9
Square feet
7,000
Lot size (acres)
0.51
Year built
1865

Interior features

Basement
Yes, Finished

Garage and parking

Garage parking spaces
7

Utilities

Heating
Hot Water, Natural Gas
Cooling
None

Taxes

Tax Annual Amount (2024)
$16,000

Public schools

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Sourced from: StateWide MLS MLS®#: 1410266 Last checked:

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