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Overview

  • Updated On:
  • March 20, 2026
  • 2.5
  • Bathrooms
  • 10
  • Rooms
  • 4
  • Bedrooms
  • 0 ac
  • Property Lot Size

2 Gansett Avenue, Cranston, Residential Income

$ 470,000
2 Gansett Avenue, Cranston

Description

Exceptional visibility at a prominent four-corner intersection highlights this well-maintained three-unit mixed-use building. The first floor features an attractive, updated commercial storefront with gas-forced hot-air heat—ideal for a variety of business uses. The second and third floors each offer, two-bedroom apartment and fully applianced. Rented units are on a month-to-month basis and feature gas baseboard heating, gas hot water, and separate utilities. An updated, hardwired, fire-code–compliant alarm system is already in place. This property presents an outstanding opportunity for investors or owner-occupants seeking strong visibility and reliable rental income. Will qualify for FHA financing and conventional loan.

Property Id: 975500
Price: $ 470,000
Property Lot Size: 0 ac
Rooms: 10
Bedrooms: 4
Bathrooms: 2.5
Basement: Full, Interior Only, Unfinished, Utility
Bathrooms Full: 2
Bathrooms Half: 1
Building Area Total (sqft): 2457
Community Features: Bus, Commuter Bus, Highway Access, Public School, Restaurants, Schools, Shopping
Construction Materials: Plaster, Masonry, Vinyl Siding
Cooling: None
Parking Total: 1
Electric: 100 Amp Service
Fireplace Features: None
Flooring: Ceramic Tile, Hardwood, Laminate
Foundation Details: Brick/Mortar, Concrete Perimeter, Mixed
Heating: Natural Gas, Baseboard
Laundry Features: In Building
MLS Listing #: 1400662
Living Area Source: Public Records
Living Area Units: Square Feet
Lot Features: Paved, Sidewalks
Lot Size SQFT: 1457
MLS Status: Active
Number Of Units Total: 3
Parking Features: No Garage
Bathroom Features: Bath w Tub, Bath w Shower Stall, Bath w Tub & Shower
Sewer: Connected, Public Sewer
State: RI
Stories: 3
Street Name: Gansett
Street Number: 2
StreetNumberNumeric: 2
Street Suffix: Avenue
Structure Type: Up/Down
Annual Taxes: 3416
Water Source: Connected, Municipal
Year Built: 1920
Zoning: C2

Address: 2 Gansett Avenue
City:
State/County:
Zip: 02920
Country: US

Other Features
Dryer
Gas Water Heater
Has Heating System
Insulation (Walls)
Oven/Range
Plumbing (Copper)
Plumbing (Mixed)
Plumbing (PVC)
Property Attached
Refrigerator
Stairs
Wall (Plaster)
Washer

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$ 2,781.73
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,194.23

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DISCLAIMER TEXT: 2 Gansett Avenue | 975500 : 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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