134 - 142 Duke Street East Greenwich

$1,650,000
12 8.5 7,000 sq ft

The Property

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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Listing Details

MLS Number

1410266

Lot Size:

0.51 acres

Features

  • Basement: Full, Interior Only, Unfinished
  • Heating: Natural Gas, Forced Water
  • Heating Fuel: Natural Gas, Forced Water
  • Garage: 1
  • Year Built: 1865

Market Trends for Single Family Homes
in East Greenwich

  • Overview
    Homes for Sale Today36-96.4% decrease in inventory
    New on Market *25177.8% increase in new listings
    Avg. Asking Price/Sq.Ft. *$456.48$33 increase in List Price/Sq.Ft.
    Avg. Sale Price *$726,250$87,290 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *97.20%-3.9% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$401.53$30 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *7537 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Edge Realty Ri

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