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Overview

  • Updated On:
  • August 4, 2026
  • 2
  • Bathrooms
  • 10
  • Rooms
  • 6
  • Bedrooms
  • 0 ac
  • Property Lot Size

16 Colony Street, Cranston, Residential Income

$ 850,000
16 Colony Street, Cranston

Description

Exceptional Two-Family Investment Opportunity with Two Additional Lots! Don’t miss this rare opportunity to own a well-maintained two-family home being sold with two additional lots. Each unit features 3 bedrooms and 1 full bathroom, with functional floor plans, spacious living areas, and abundant natural light. Recent updates include fresh interior paint, new carpeting in select areas, and new oil tanks installed in 2025, providing added value and peace of mind. A charming front porch offers the perfect place to relax, while a large storage shed with a roll-up door and concrete floor provides excellent space for equipment, tools, or additional storage. Conveniently located near shopping, restaurants, schools, parks, public transportation, and major commuter routes, this property combines comfort, convenience, and long-term potential. The sale includes two additional lots. Buyers and buyers’ agents must conduct their own due diligence regarding lot size, boundaries, zoning, buildability, permitted uses, utilities, and any other matters relating to the additional parcels. The seller makes no representations or warranties regarding the development potential or permitted uses of the lots. Whether you’re looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this property presents a unique opportunity with added land value. Schedule your private showing today!

Property Id: 1209592
Price: $ 850,000
Property Lot Size: 0 ac
Rooms: 10
Bedrooms: 6
Bathrooms: 2
Basement: Full, Interior Only, Unfinished, Laundry, Storage Space
Bathrooms Full: 2
Building Area Total (sqft): 1666
Inclusions: Taxes, Assessment and Lot Sq Footage reflect all 3 lots.
Community Features: Bus, Highway Access, Interstate, Restaurants, Schools, Shopping
Construction Materials: Vinyl Siding
Cooling: None
Other Equipment: Alarm Owned
Parking Total: 2
Electric: 100 Amp Service, Circuit Breakers
Fireplace Features: None
Flooring: Ceramic Tile, Carpet
Foundation Details: Unknown
Heating: Oil, Baseboard, Forced Water
Laundry Features: In Building
MLS Listing #: 1419430
Living Area Source: Public Records
Living Area Units: Square Feet
Lot Features: Extra Lot, Fenced, Out Building
Lot Size SQFT: 12000
MLS Status: Active
Number Of Units Total: 2
Parking Features: No Garage
Bathroom Features: Bath w Tub & Shower
State: RI
Stories: 2
Street Name: Colony
Street Number: 16
StreetNumberNumeric: 16
Street Suffix: Street
Structure Type: Up/Down
Annual Taxes: 4877
Utilities: Sewer Connected, Water Connected
Year Built: 1924
Zoning: A8

Address: 16 Colony Street
City:
State/County:
Zip: 02920
Country: US

Other Features
Dishwasher
Disposal
Dryer
Has Heating System
Oven/Range
Plumbing (Mixed)
Property Attached
Refrigerator
Screened Pch/Patio/Dck/Brzwy
Stairs
Tankless Water Heater
Washer

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$ 5,030.80
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 3,968.30

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DISCLAIMER TEXT: 16 Colony Street | 1209592 : IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. © 2024 State-Wide Multiple Listing Service. All rights reserved.

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