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 utilities-with 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.
| Date | Event | Price | $/Sqft | Source |
|---|---|---|---|---|
| Listed For Sale | $1,825,000 | $∞ | William Raveis Inspire |
| Year | Annual Amount | Description |
|---|---|---|
| 2024 | $22,164 |
Middle School James H. Eldredge El. School | 0.1 miles away | 04 - 06 | |
Middle School Archie R. Cole Middle School | 0.5 miles away | 07 - 08 | |
Middle School George Hanaford School | 0.9 miles away | 04 - 06 |