118 Arnold Avenue, Cranston, Residential Income

Welcome home to a one-of-a-kind four-unit property in the heart of Edgewood. This stately and timeless residence is filled with charm and character, featuring tall ceilings, picture-frame pine floors, THREE fireplaces, coffered and beamed ceilings, arched hallways, oversized windows, gorgeous trim, and solid paneled doors. Built with exceptional craftsmanship, this home showcases architectural details rarely found today. Updates throughout the seller’s ownership include renovated kitchens and bathrooms, ss appliances, rebuilt chimney, fire alarm system, re-sided garage, insulation, plumbing improvements, and five electrical panels. A high-efficiency natural gas-fired indirect heat and hot water system is only 5 years young.Perfect for owner-occupants and investors alike, rental income can help offset your mortgage. Edgewood remains a highly desirable rental location near JWU, Brown, RISD, Edgewood and RI Yacht Clubs, Downtown Providence, RW Park, shopping, dining, beaches, and Boston. The low-maintenance exterior offers vinyl siding and outdoor sitting areas. A detached two-car garage with loft space provides excellent storage and future potential, including possible ADU opportunities (buyer to perform due diligence). All tenants are month-to-month, offering flexibility for future plans. Owned by the same family for 43 years, this remarkable property is a true testament to pride of ownership. Location, location, location—there’s a reason Edgewood listings are so hard to find!