80 Phenix Avenue, Cranston, RI 02920

Property Description

RARE FIND!!! INVESTORS & BUILDERS this is a great opportunity for LAND plus a 4 unit in Western Cranston! Legal 4 Unit in Western Cranston on 3/4 acre private lot with plenty of opportunity for growth or just enjoy the privacy of the extra space. There is a 3 car garage and a small storage garage. Approximately 175 feet of a beautiful stone wall to compliment the front of the property. Lot has 2 driveway entrances/exits 1 on Phenix Avenue and 1 on Bolton Street. Plenty of space for parking. 1st floor offers Unit 1 with 2 bed, 1 bath w/laundry, fireplace and beautiful outdoor patio. This unit has been completely renovated. 1st Floor also has Unit 2 with 2 bed, 1 bath and hardwoods. Both 1st Floor Units have their own exterior entrances, and common area entrances. 2nd Floor also has 2 Units. Unit 3 offers 3 bed, 1 bath rental. Unit 4 is a 2 bed, 1 bath that needs to be completely renovated. There is a full unfinished basement with a fireplace and 2 exits. Half of the basement was studio style living space at one time with plumbing for kitchen, wet bar and bath. Utility side has separate 100 amp circuit breakers, separate gas meters and laundry. Property has plenty of potential for possible buildable lot/lots or condo conversion. Many options. May not qualify for conventional loan. Rent is well below market, owner & family occupied.