Description
FOUR-UNIT investment opportunity in Cranston with strong potential for investors and buyers looking to build equity. The building consists of four one-bedroom units, each with similar layout and ready for updates, offering the opportunity to renovate and maximize rental income. On-site parking is also available for each unit. Major systems have been addressed, including a young roof, heating system, hot water heater, and updated electrical service. With high demand for multi-family properties, this property provides an opportunity to generate rental income and build long-term equity. Property is being sold as-is.
Property Id: 1046721
Price: $ 595,000
Property Lot Size: 0 ac
Rooms: 12
Bedrooms: 4
Bathrooms: 4
Basement: Full, Bulkhead, Unfinished, Storage Space
Bathrooms Full: 4
Building Area Total (sqft): 2576
Inclusions: Unit square footage is estimated. All four units are essentially ~600 sq ft each, with a 10–15 sq ft swing.
Community Features: Bus, Highway Access, Hospital, Public School, Restaurants, Schools, Shopping
Construction Materials: Vinyl Siding
Cooling: None
Other Equipment: Ceiling Fan
Owner Pays: Heat
Parking Total: 5
Electric: 100 Amp Service
Fireplace Features: None
Flooring: Hardwood, Laminate, Carpet
Foundation Details: Concrete Perimeter
Heating: Natural Gas, Steam
MLS Listing #: 1411436
Living Area Source: Public Records
Living Area Units: Square Feet
Lot Features: Corner Lot, Fenced, Paved Driveway
Lot Size SQFT: 7463
MLS Status: Active
Number Of Units Total: 4
Parking Features: No Garage
Bathroom Features: Bath w Tub & Shower
Sewer: Connected
State: RI
Stories: 2
Street Name: Elmwood
Street Number: 1609
StreetNumberNumeric: 1609
Street Suffix: Avenue
Structure Type: Side/Side, Up/Down
Annual Taxes: 6127
Water Source: Connected
Year Built: 1920
Zoning: c5
Other Features
Attic
Gas Water Heater
Has Heating System
Insulation (Unknown)
Open Parking
Oven/Range
Plumbing (Mixed)
Porch
Property Attached
Refrigerator
$ 3,521.56
per month
- Principal and Interest
- Property Tax
- HOA fee
$ 2,777.81
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