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248 Mayfield Avenue Unit E, Cranston
$329,900
2 Beds ⋅ 2 Baths
Welcome to this 2-bedroom, 1.5-bath townhouse-style condo, ideally situated in one of Cranston's most desirable areas. Offering a bright, open layout, the living, dining, and kitchen areas flow seamlessly together, creating a comfortable space for everyday living and entertaining. The home features new sliders, new windows, a new heating system, new HVAC system, and a new dishwasher, providing valuable updates and peace of mind. Step outside to the generously sized back deck, perfect for morning coffee, outdoor dining, or relaxing with friends. Upstairs, you'll find spacious bedrooms with ample closet space and a full bath. The finished basement adds valuable flexible living space, ideal for a home office, gym, workshop, or rec room. Great location, thoughtful updates, and versatile living space make this condo a fantastic opportunity in Cranston.

248 Mayfield Avenue Unit E, Cranston

Listing courtesy of BHHS Commonwealth Real Estate. Contact:

110 Ausdale Road, Cranston
$429,900
2 Beds ⋅ 1 Baths
Welcome home to this charming Cape Cod style home nestled on a corner lot offering just over 1000 square feet of comfortable living space. This property features two bedrooms and one full bathroom with a beautiful blend of classic character and thoughtful updates. Inside the home, you'll find a mix of original hardwood floors, vinyl flooring, and fresh paint throughout the entire house. There is a bright sunroom just off of the living room, a perfect space to enjoy your morning coffee. Step outside and enjoy the beautiful yard complete with a deck right off the kitchen, perfect for entertaining. The corner lot provides excellent curb appeal. There is even an attached garage! The partially finished basement offers a bonus space with plenty of potential! This property has so much to offer whether you're a first time homebuyer or someone looking to downsize. Stop by and check out this amazing property with so much to offer! Photos have been virtually staged.

110 Ausdale Road, Cranston

Listing courtesy of REMAX Revolution. Contact:

37 Nelson Road, Cranston
$699,900
4 Beds ⋅ 2 Baths
Western Cranston! Here is your opportunity to own a well maintained home, in the heart of one of Cranston's most desirable neighborhoods. Your new home is a 4 bedroom and 2 bathroom cape that has owner's pride written all over it, and it sits on a half acre lot. An addition to the property was completed in '92 to offer more living space. 37 Nelson features a generous private and spacious yard, Vinyl Cedar impressions on the exterior, and solar panels that are FULLY paid off. Inside, you're greeted by a charming and storied interior that really expresses the owner's personality and pride in the home. You'll find hardwood floors, beautifully styled cabinets and granite countertops, and a fireplace to warm up those chilly nights. Additionally, the home has Central AC, an attached 2 car garage, and newer stainless steel appliances from 2023. The basement offers plenty of storage, and also exterior access to/from the backyard. 37 Nelson is located minutes away from: Orchard Farms Elementary, Confreda Farms, and many more amenities. Contact the listing agent directly for a list of all maintenance records or to schedule a private showing.

37 Nelson Road, Cranston

Listing courtesy of Innovations Realty. Contact:

243 Deerfield Road, Cranston
$468,000
3 Beds ⋅ 2 Baths
Welcome to this spacious one-level ranch located in the desirable Dean Estates/Woodridge area of Cranston. Offering an impressive 2,107 square feet of living space, this home provides a generous and versatile floor plan with plenty of room to make it your own. The home features vinyl-sided exterior, an attached two-car garage, central air conditioning, hardwood flooring in select rooms, and a distinctive marble fireplace that serves as a nice feature of the living room. A patio extends the living space outdoors, while the 9,140-square-foot lot offers ample room to enjoy the property's surroundings. Adding even more versatility is the large, open basement, providing abundant space for storage, hobbies, a workshop, recreation, or potential future expansion. Conveniently situated in one of Cranston's sought-after residential areas, the property offers easy access to I-95 and I-295 for north and south travel, as well as the extensive shopping, dining, and everyday conveniences along Route 2. Garden City Center is approximately five minutes away, placing an exceptional collection of shops, restaurants, and services within easy reach. With over 2,100 square feet of one-level living, an attached two-car garage, central air, generous basement space, and a highly convenient Cranston location, this property presents an exciting opportunity to create a home that truly reflects your vision.

243 Deerfield Road, Cranston

Listing courtesy of Homistic Real Estate, Inc.. Contact:

14 Woodhill Drive, Cranston
$499,000
3 Beds ⋅ 2 Baths
GARDEN HILLS! MOVE-IN READY RANCH WITH MORE SPACE THAN MEETS THE EYE! Visit this beautifully refreshed 3-bedroom, 2-full-bath home, offering the ease of single-level living plus the added versatility of a spacious finished lower level. A bright, freshly painted interior, gleaming hardwood floors, and an inviting fireplace with recently updated chimney lining, flashing, and cap. The thoughtfully designed floor plan flows effortlessly into the kitchen, featuring granite countertops, white cabinetry, and stainless-steel appliances. A sun-drenched dining area, highlighted by soaring vaulted ceilings and direct backyard access, provides a wonderful setting for everyday living and entertaining. The primary bedroom features a vaulted ceiling and hardwood flooring, creating an airy, welcoming retreat. More to love downstairs! The finished lower level offers a flexible living area, a second full bathroom, laundry facilities, and additional storage. Whether you envision a family room, home office, creative studio, hobby space, or guest retreat, the possibilities are yours to explore (See virtually staged photos for inspiration) Highlights include a newer roof, patio/deck, shed, and a lovely landscaped yard framed by mature trees. Ideally situated in Cranston's desirable Garden Hills neighborhood, just minutes from Garden City, Chapel View, shopping, restaurants, and major commuter routes. Beautifully maintained and ready to welcome you. Discover everything this home offers!

14 Woodhill Drive, Cranston

Listing courtesy of REMAX Revolution. Contact:

30 Dutchess Drive, Cranston
$1,595,000
4 Beds ⋅ 5 Baths
Set within the private, gated enclave of Apple Hill Estates in Western Cranston, this thoughtfully reimagined contemporary residence presents four bedrooms and five baths across a design that balances architectural drama with everyday livability. Newly installed and resealed ash hardwood floors unify the main level, where an open concept living room rises beneath soaring cathedral ceilings, bathed in natural light. French sliding doors open to a Brazilian hardwood deck, a graceful transition to a private, fully fenced yard bordered by new cedar perimeter fencing and anchored by a paver patio with updated exterior lighting, an inviting setting for both quiet evenings and gracious entertaining. At the heart of the home, the kitchen has been elevated with artisan Wolf cabinetry, Viking appliances, and Calacatta Laza quartz countertops with a matching backsplash. The primary bath has been fully reimagined with a new shower, vanity, and fixtures, while the additional baths have each been refreshed with new vanities and fixtures. Every detail has been considered, from fresh interior and exterior painting and updated lighting throughout to new exterior siding, a resealed driveway, a new hot water tank, and two new high efficiency A/C systems with heat pumps. Below, a clean and cleared basement offers close to 1,200 square feet of untapped potential, ready to become a home gym, media room, or recreation space suited to its next owner's vision.

30 Dutchess Drive, Cranston

Listing courtesy of Mott & Chace Sotheby's Intl.. Contact:

133 Tupelo Hill Drive, Cranston
$1,075,000
4 Beds ⋅ 4 Baths
Welcome to 133 Tupelo Hill Drive, where mid-century architectural integrity meets mid-century modern design scaled on a grand level. Built in 1958, this custom brick sprawling estate balances classic 1950s character with an expansive footprint exceeding 8,500 square feet, offering a sense of volume and craftsmanship rarely found in homes of this era. Inside, the light-filled layout offers the ultimate in effortless one-level living, placing three generous sized bedrooms, two full and one half baths, a formal living room, dining room, library, sunroom, kitchen, and dedicated laundry room all conveniently on the main floor. The second floor features a fourth bedroom along with flexible playroom space and extensive storage. Downstairs, the expansive finished lower level includes a secondary kitchen area, half bath, bar, family/game room, craft area, workshop, and vast utility storage, presenting potential for an Accessory Dwelling Unit (ADU), multi-generational living, or an expansive guest suite. Outside, the beautifully maintained corner lot provides a private retreat featuring a large yard, patio, and mature landscaping. Ideally situated in prestigious Dean Estates, this exceptional home offers everyday convenience just minutes from world-class shopping and dining at Garden City Center and Chapel View, along with quick, effortless access to major highways.

133 Tupelo Hill Drive, Cranston

Listing courtesy of SERHANT.. Contact:

200 Budlong Road, Cranston
$505,000
3 Beds ⋅ 2 Baths
Spacious Ranch with Finished In-Law Suite & Income Potential Welcome to this spacious and versatile 3-bedroom, 2-bath Ranch featuring a two-car garage and plenty of room for comfortable living, entertaining, and extended family needs. The main level offers a generously sized living room with a cozy fireplace, a formal dining room, and a spacious kitchen. The finished lower level adds exceptional flexibility and was previously used as an in-law suite, featuring two additional bedrooms, a full kitchen, and a full bathroom. This space is ideal for extended family, guests, a home office, or potential rental income. With its generous layout, additional living space, and income-producing potential, this property offers an excellent opportunity for homeowners and investors alike. Don't miss the opportunity to make this versatile property your own!

200 Budlong Road, Cranston

Listing courtesy of BA Property&Lifestyle Advisors. Contact:

309 Station Street, Cranston
$589,900
4 Beds ⋅ 2 Baths
NEWLY APPROVED LEGAL TWO-FAMILY! Welcome to 309 Station Street, a unique Cranston property offering flexibility, space, and exciting possibilities for owner-occupants, investors, or multigenerational living. This 4-bedroom, 2-bath legal two-family features two separate living spaces, along with additional finished lower-level space that provides even more room to spread out. Whether you're looking to live in one unit while generating rental income from the other or add a multifamily property to your portfolio, this home offers options rarely found at this price point. Outside, the property continues to impress with additional land and a detached finished structure equipped with , heat, air conditioning, electricity and insulated ideal for a home office, studio, recreation space, or potential future ADU use, subject to applicable approvals. With its newly established two-family status, versatile layout, additional outdoor space, and multiple opportunities for future use, 309 Station Street is more than a home it's an opportunity. Conveniently located near shopping, dining, highways, and everyday amenities. Schedule your private showing and explore everything this property has to offer! Easy Show! Motivated seller! open to all offers

309 Station Street, Cranston

Listing courtesy of The Network. Contact:

822 Atwood Avenue, Cranston
$779,000
4 Beds ⋅ 3 Baths
Exceptional Investment or Owner-Occupied Opportunity! Situated in a highly visible, high-traffic location, this turnkey development offers tremendous potential for residential or mixed-use applications. Comprised of two commercially zoned C-2 lots, the property presents a rare opportunity for investors, developers, or owner-occupants seeking flexibility and strong future value. Current approved plans feature three residential units, including a spacious first-floor apartment with two bedrooms and one full bath, complemented by two efficient one-bedroom units on the second floor. Having undergone a comprehensive redevelopment, the project offers the appeal and efficiency of effectively new construction, minimizing future maintenance concerns while maximizing rental income potential. With excellent exposure, versatile zoning, and a nearly completed redevelopment, this is a unique opportunity to capitalize on a property that is positioned for immediate occupancy or investment success. Don't miss the chance to add this income-producing asset to your portfolio.

822 Atwood Avenue, Cranston

Listing courtesy of ERA Empire Real Estate. Contact:

44 Betsey Williams Drive, Cranston
$499,000
3 Beds ⋅ 2 Baths
Estate Sale! This three Bedroom Center Hall Colonial with vintage charm offers many timeless architectural details. Boasting original moldings, thick casings and curved archways that transition smoothly from room to room with raised paneling, six panel doors and rich hardwood floors detailed with custom borders. The spacious front to back living room anchored by a central focal fireplace offers a warm and inviting backdrop for modern living. With classic proportions, solid bones, and architectural nuances unique to its mid-century era, this property holds a distinct character and lasting charm rarely found in homes today. High-grade materials and enduring construction highlight the strength of its era, while authentic decorative accents bring warmth to every square foot. Ideal for buyers seeking a property with real history, personality, and irreplaceable vintage detail.

44 Betsey Williams Drive, Cranston

Listing courtesy of Coldwell Banker Realty. Contact:

295 Magnolia Street, Cranston
$525,000
6 Beds ⋅ 3 Baths
Multiple offers: Final Offers Due Tuesday August 18th at 3pm: Welcome to your perfect investment or owner-occupied opportunity in the highly sought-after Auburn section of Cranston! This two-family home is move-in ready and waiting for its next owner. The property boasts fresh, modern finishes that perfectly complement its classic New England charm. Both units offer bright, inviting living spaces allowing you or your tenants to settle right in without lifting a finger. Whether you are looking to generate steady rental income or need a spacious setup for multi-generational living, this turnkey home truly delivers. A major highlight for investors and homeowners alike is the complete separation of utilities. The property is equipped with two distinct heating systems and two separate electrical systems, making tenant management and utility billing an absolute breeze. Located in the heart of Cranston's desirable Auburn neighborhood, you will enjoy ultra-convenient access to excellent local schools, parks, fabulous dining and shopping at nearby Garden City Center, and major highways for an incredibly easy commute. Schedule your viewing today!

295 Magnolia Street, Cranston

Listing courtesy of REMAX Revolution. Contact:

77 Harper Avenue, Cranston
$489,900
3 Beds ⋅ 2 Baths
An Entertainer's Dream in Desirable Eden Park! This spacious 3-bedroom, 2-bathroom ranch is perfectly situated on a corner lot and offers an exceptional blend of comfortable living and entertaining space. The thoughtfully designed main level features an updated kitchen that opens seamlessly into the dining area and a huge living room complete with a fireplace. The kitchen and main bathroom have both been tastefully updated, providing a fresh, modern feel. The converted garage offers an additional private family room and flows directly into the finished lower level. The basement provides even more living space, including an office/den and full bathroom, offering excellent flexibility and potential for an in-law or extended living arrangement. Additional highlights include central air conditioning and a completely fenced-in yard with a patio, perfect for outdoor entertaining, relaxing, and gatherings. **subject to Seller's Suitable Housing.

77 Harper Avenue, Cranston

Listing courtesy of ERA Empire Real Estate. Contact:

95 Hyde Street, Cranston
$469,900
3 Beds ⋅ 2 Baths
Situated in Cranston's highly desirable Woodridge neighborhood, this 3-bedroom, 2-bath ranch at 95 Hyde Street offers impressive size and flexible living space. Featuring 1,935 square feet of above-grade living space not including the partially finished basement for extra room and storage the layout includes two bonus rooms ideal for a home office, den, or workout area. Major upgrades are already complete, including hardwood floors, stainless steel kitchen appliances, an updated bathroom, six new windows, and brand-new siding. While the home requires some work and finishing touches, it presents a fantastic opportunity to build equity in a premier location close to shopping, medical facilities, and highway access. Complete with a fenced-in yard, an attached one-car garage, and a 1-year American Home Shield warranty for added peace of mind.

95 Hyde Street, Cranston

Listing courtesy of Keller Williams Realty. Contact:

170 Beckwith Street, Cranston
$445,000
3 Beds ⋅ 2 Baths
Welcome to 170 Beckwith, Cranston, RI! This beautifully renovated single-family home is move-in ready and offers the perfect blend of modern style, comfort, and convenience. Featuring a stunning, fully updated kitchen with sleek cabinetry, quality countertops, stainless steel appliances, spacious bedrooms, beautifully renovated bathrooms, updated flooring throughout, and bright, open living spaces filled with natural light, every detail has been thoughtfully designed for today's lifestyle. Conveniently located in a desirable Cranston neighborhood, this home is just minutes from Garden City Center for premier shopping and dining, Roger Williams Park with its zoo, botanical gardens, walking trails, lakes, and recreation, as well as schools, restaurants, grocery stores, and local parks. Commuters will appreciate the easy access to I-95 and Route 10, providing a quick drive to Downtown Providence, where you'll enjoy exceptional dining, entertainment, shopping, and cultural attractions. Offering modern updates, quality craftsmanship, and an unbeatable location.

170 Beckwith Street, Cranston

Listing courtesy of My Dream Home Realty. Contact:

26 Fairview Avenue, Cranston
$650,000
2 Beds ⋅ 2 Baths
COLONIAL IN A FANTASTIC WATERVIEW LOCATION, BUT NEEDS TLC, well worth it for this special property! This colonial set high on a hill in Edgewood offers spectacular views of Narragansett Bay, the islands and the lights of the Mount Hope Bridge in the distance. Enjoy morning coffee or quiet relaxation on the wrap around decks facing the water. The home, situated on a private cul-de-sac, is close by the yacht clubs, waterfront parks and Pawtuxet Village with its trendy shops and restaurants. This 1920s vintage colonial features some fine appointments such as dentil crown moldings, leaded glass French doors, stained glass, custom built ins, recessed lighting throughout and custom bath with whirlpool tub. It also has hardwood floors, high ceilings, ductless A/C system, 2 car garage, 3 zone gas baseboard heat (1st, 2nd and lower level) and an additional finished room and roughed in bath in the lower level. Estate sale, subject to probate approval.

26 Fairview Avenue, Cranston

Listing courtesy of REMAX Revolution. Contact:

23 Hornbeam Drive, Cranston
$274,900
3 Beds ⋅ 1 Baths
Attention investors, contractors, and value-add buyers! This 3-bedroom Cranston property offers a fantastic opportunity to renovate, update, or add to your investment portfolio. Situated on a quiet street in a desirable neighborhood with convenient access to I-295, shopping, dining, and other local amenities, the home features a spacious kitchen, formal dining room, comfortable family room, and a finished lower level offering additional living space with endless potential. The private, fully fenced backyard and porch add to the property's appeal and future value. Whether you're looking for your next flip, rental, or renovation project, this property is full of possibilities. Property is being sold As Is. Buyer and buyer's agent to perform all due diligence

23 Hornbeam Drive, Cranston

Listing courtesy of Century 21 Envoy. Contact:

52 Hillwood Street, Cranston
$389,900
3 Beds ⋅ 2 Baths
Beautifully remodeled and ready for immediate occupancy!!! This spacious home offers a brand-new kitchen with new appliances, Quartz countertops and hardwood floors throughout the first floor, bamboo floors upstairs, 3 bedrooms, a full bathroom on second floor and half bath on first floor. Updated electric, new plumbing and a Weil-McLain boiler that was just converted to natural gas. Two separate AC units, one for each floor. New deck right off the kitchen that heads out to a large and very clean fenced in yard. Metal garage with plenty of room for storage or two small/medium-size cars. Conveniently located near Rt 10 access, shopping, schools and only a few minutes to downtown Providence.

52 Hillwood Street, Cranston

Listing courtesy of RE/MAX Professionals. Contact:

143 Hoffman Avenue Unit 208, Cranston
$299,900
2 Beds ⋅ 2 Baths
Location Alert! Welcome to this spacious 2-Bedroom 2-Bath Condominium located in desirable Garden City/Dean Estates. This unit offers many possibilities to make it your own- while the interior is ready for your personal updates and modern touches,the functional layout provides a great foundation for customization. Residents enjoy access to a beautifully maintained (18+) in-ground swimming pool, perfect for relaxing and unwinding in the summer months. Conveniently located near Cranston's premier shopping, entertaining and dining areas, and easy access to everyday amenities. This condo is truly ideal for buyers to add their own style and build equity. Additional features include a private balcony, elevator access for added convenience, and low HOA fees that make ownership even more affordable. Don't miss the chance to transform this desirably located unit, into your perfect home or investment property. You'll love the ease of living offered in this fantastic condo alternative.

143 Hoffman Avenue Unit 208, Cranston

Listing courtesy of Noonan/Lombardi, REALTORS. Contact:

16 Victoria Avenue, Cranston
$435,000
2 Beds ⋅ 2 Baths
Whether you're actively searching for your next home or just beginning your home buying journey, this is a great opportunity to explore everything this property has to offer! Fully renovated kitchen with new stainless steel appliances. Modern updates including recessed lighting throughout the home. A functional layout boasting hardwood floors in the living room, dining room and bedrooms. Beautifully tiled kitchen and bathrooms. Offering two bedrooms and two full bathrooms along with a fully renovated basement which could serve as a home office, den, gym or an additional bedroom. Enjoy peace of mind with new windows throughout the home and a brand-new roof installed in 2025, offering improved energy efficiency, and lasting value. Conveniently located in Cranston near popular restaurants and professional businesses and services. 3 car driveway/garage is not part of the property. Zoned as a 3 bedroom.

16 Victoria Avenue, Cranston

Listing courtesy of Fab Living. Contact:

18 Calef Street Unit 1, Cranston
$324,900
4 Beds ⋅ 4 Baths
Welcome to 18 Calef St, a beautifully newer built condo offering space, comfort, and nature views. Enjoy a huge kitchen, perfect for gatherings, a true master bedroom retreat, and three full bathrooms plus a convenient half bath on the first level. The finished above-grade basement expands your living space with a bedroom, a family-room style living area, and a new full bathroom, ideal for guests, extended family, or flexible living needs. Step outside to a peaceful back porch overlooking nature, perfect for morning coffee or unwinding at sunset. A warm, inviting home with room to grow and spaces to love. Relax on the peaceful back porch overlooking nature, ideal for morning coffee or unwinding at sunset. A warm, inviting home with room to grow and spaces to love.

18 Calef Street Unit 1, Cranston

Listing courtesy of Auburn Insurance & Realty Co.. Contact:

200 Cannon Street Unit 126, Cranston
$375,000
3 Beds ⋅ 3 Baths
Welcome to the desirable High Ridge Condominiums, nestled in a quiet neighborhood surrounded by peaceful wooded grounds. This inviting townhouse offers the perfect blend of comfort and convenience with three generously sized bedrooms and two and a half bathrooms. The first floor features an oversized living room, a spacious kitchen with a dining area, and sliding glass doors leading to a private rear deck an ideal space for relaxing or entertaining. The second level offers three spacious bedrooms and two full bathrooms, providing a functional layout for everyday living. Additional highlights include central air conditioning, in-unit laundry, assigned parking, and ample visitor parking. Conveniently located near schools, shopping, restaurants, and major amenities, High Ridge offers a lifestyle of comfort and practicality in a sought-after location. Don't miss the opportunity to make this beautiful townhouse your new home!

200 Cannon Street Unit 126, Cranston

Listing courtesy of Reliable Realty Group LLC. Contact:

35 Sycamore Drive, Cranston
$484,000
3 Beds ⋅ 1 Baths
Sellers are motivated and ready to consider your offers! Don't miss this fantastic opportunity to own a this beautiful, raised ranch in desirable Western Cranston. This inviting home features 3 bedrooms and 1 full bathroom, offering a comfortable open layout perfect for everyday living. partially finished basement, central air, Whole house Alarm system and One of the highlights of this home is the enclosed sunroom, complete with a cathedral ceiling and skylights that fill the space with abundant natural light, creating the perfect place to relax or entertain year-round. Conveniently located near schools, shopping, dining, and major highways, this home combines comfort, and convenience. Schedule your private showing today and discover everything this wonderful Western Cranston home has to offer!

35 Sycamore Drive, Cranston

Listing courtesy of RE/MAX ONE. Contact:

1289 Cranston Street, Cranston
$659,000
3 Beds ⋅ 3 Baths
Imagine living in your own home while collecting rental income from an established commercial tenant with a consistent history of on-time payments .all without the responsibilities of managing residential tenants! This is an incredible alternative for buyers looking to generate rental income while maintaining their privacy and enjoying their own residential space. The commercial unit offers excellent exposure and flexibility for a variety of business uses. The spacious residential unit features an inviting open-concept kitchen, generous living and dining areas, 3 bedrooms, 1.5 bathrooms, and a dedicated laundry room. Additional highlights include fully owned solar panels, two Navien heating and hot water systems, and a detached two-car garage with potential for various uses, including possible ADU conversion (buyers to conduct due diligence). Conveniently located along a bus route with easy access to major highways, shopping, and local amenities. Property qualifies for owner-occupied FHA financing. A rare opportunity to combine homeownership, privacy, and income potential under one roof!

1289 Cranston Street, Cranston

Listing courtesy of William Raveis Inspire. Contact:

230 Phenix Avenue, Cranston
$2,799,000
21 Beds ⋅ 17 Baths
230 Phenix Avenue is a 17-unit multifamily investment in western Cranston, offered at $2,800,000 ($164,706/unit). The building four 2-bed and thirteen 1-bed units is 14 of 17 occupied and producing $280,200 in gross income today, a 6.16% cap rate on in-place rents. The upside is clear and financeable: every occupied unit sits below market, and marking rents to market while leasing the three vacant units lifts gross income to $401,400 and the cap rate to 10.49% on the same operating cost base roughly $121,200 of additional annual NOI. Held flat, operating expenses run $107,679 (taxes, insurance, utilities, landscaping/snow, cleaning, routine maintenance). Minutes from downtown Providence and anchored by Rhode Island's largest employers CVS Health, Citizens Financial Group, Care New England, Brown, IGT and Amica the asset draws a deep, stable renter pool. A rare in-place, cash-flowing building with a defined path to a double-digit return.

230 Phenix Avenue, Cranston

Listing courtesy of Smith and Oak Real Estate Co.. Contact:

230 Phenix Avenue, Cranston
$2,799,000
230 Phenix Avenue is a 17-unit multifamily investment in western Cranston, offered at $2,800,000 ($164,706/unit). The building four 2-bed and thirteen 1-bed units is 14 of 17 occupied and producing $280,200 in gross income today, a 6.16% cap rate on in-place rents. The upside is clear and financeable: every occupied unit sits below market, and marking rents to market while leasing the three vacant units lifts gross income to $401,400 and the cap rate to 10.49% on the same operating cost base roughly $121,200 of additional annual NOI. Held flat, operating expenses run $107,679 (taxes, insurance, utilities, landscaping/snow, cleaning, routine maintenance). Minutes from downtown Providence and anchored by Rhode Island's largest employers CVS Health, Citizens Financial Group, Care New England, Brown, IGT and Amica the asset draws a deep, stable renter pool. A rare in-place, cash-flowing building with a defined path to a double-digit return.

230 Phenix Avenue, Cranston

Listing courtesy of Smith and Oak Real Estate Co.. Contact:

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