$619,000

About this home

**PLEASE SUBMIT ALL OFFERS VIA EMAIL TO FRANK BY 1PM ON WEDNESDAY APRIL 22nd** Well-maintained 3-family investment opportunity in a convenient Cranston location! Subject to seller finding suitable housing. The home has been lovingly owned and occupied by the same owner for many years. Situated on a fenced-in corner lot just minutes from major highways, this property offers both accessibility and strong income potential, currently way below its tremendous market potential. This property features three spacious units, each offering approximately 1,170 square feet of living space with 2 bedrooms, 1 full bath, kitchen, hardwood floors and a double parlor. The exterior is in excellent condition with vinyl siding, many replacement windows and great porches, a detached 3 car garage and 3 additional on-site parking spaces. Ideal for an owner-occupied investor or value-add buyer, the first and second floor units are ready for occupancy, while the third floor—vacant for several years—will require additional investment to bring it back online. Additional features include a full unfinished basement with ample storage space, 3 separate heating systems, electrical panels and washer/dryer hook-up in the basement. A rare opportunity to build equity and maximize rental income in a desirable commuter location with outstanding upside potential for any investor.

Property facts

Property type

Multi Family

Year built

1920

Lot size (acres)

0.132

Total rooms

15

Garage spaces

3

Total parking

6

Annual taxes

$6,441.71

Tax year

2025

Neighborhood

Silver Lake

County

Providence

Features

Heating

Natural Gas, Radiant

Cooling

None

Basement

Full, Interior Only, Unfinished

Appliances

Gas Water Heater

Interior

Insulation (Walls)

Fireplace

None

Parking

Detached

Construction

Vinyl Siding

Utilities

Sewer Connected, Water Connected

Water

Public

Location