Situated in the heart of the historic district of downtown East Greenwich, 575-591 Main St & 5-7 Friendship St present a rare investment opportunity. This property encompasses two well-maintained buildings with full basements, featuring 9 units: 3 renovated apartments and 6 thriving commercial spaces.The residential portion includes two 2-bedroom apartments and one 1-bedroom apartment, all with private entrances, updated interiors, and separately metered electric and gas. Each commercial space offers its own bathroom, AC, signage, private entrance, and separately metered utilitiesâwith one unit also featuring a convenient overhead door. Additional highlights include off-street parking, numerous property updates for ease of management, and strong income generation. The property is fully rented, making it a true turnkey, income-producing asset in a highly sought-after location. Lead Safe Certificates available. P&L available upon request. Contact today to schedule a private tour.
| Location | |
|---|---|
| City/Town | East Greenwich |
| County | Kent |
| Community Features | Bus, Interstate |
| Interior | |
|---|---|
| Living Area | 8,900 sq. ft. |
| Cooling | Central Air |
| Furnished | Unfurnished |
| Interior Features | Ceiling Height (7 to 9 Ft), Ceiling Height (12 to 15 Ft) |
| Additional Information | |
|---|---|
| Tax Assessment | $1,123,600 |
| Zoning | CH |
| Exterior | |
|---|---|
| Acreage | 0.25 |
Information is deemed reliable but is not guaranteed.
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