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118 Arnold Ave, Cranston, RI, 02905

4beds
4baths
3,116sqft
$799,900
$257price/sqft
$6,052/moest. monthly cost
$242,080/yrincome needed

About This Home

Welcome home to a one-of-a-kind four-unit property in the heart of Edgewood. This stately and timeless residence is filled with charm and character, featuring tall ceilings, picture-frame pine floors, THREE fireplaces, coffered and beamed ceilings, arched hallways, oversized windows, gorgeous trim, and solid paneled doors. Built with exceptional craftsmanship, this home showcases architectural details rarely found today. Updates throughout the seller's ownership include renovated kitchens and bathrooms, ss appliances, rebuilt chimney, fire alarm system, re-sided garage, insulation, plumbing improvements, and five electrical panels. A high-efficiency natural gas-fired indirect heat and hot water system is only 5 years young.Perfect for owner-occupants and investors alike, rental income can help offset your mortgage. Edgewood remains a highly desirable rental location near JWU, Brown, RISD, Edgewood and RI Yacht Clubs, Downtown Providence, RW Park, shopping, dining, beaches, and Boston. The low-maintenance exterior offers vinyl siding and outdoor sitting areas. A detached two-car garage with loft space provides excellent storage and future potential, including possible ADU opportunities (buyer to perform due diligence). All tenants are month-to-month, offering flexibility for future plans. Owned by the same family for 43 years, this remarkable property is a true testament to pride of ownership. Location, location, location—there's a reason Edgewood listings are so hard to find!

Getting Around

66
WalkingSomewhat Walkable
41
TransitSome Transit
59
BikeBikeable

Schools

5/10
Edward S. Rhodes SchoolGrades K-50.2 mi
6/10
Park View Middle SchoolGrades 6-81.1 mi
3/10
Cranston High School EastGrades 9-122.1 mi

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Mixed,Stone,Unknown
  • Construction materials: Dry Wall,Plaster,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater,Dishwasher,Dryer,Oven/Range,Refrigerator,Washer
  • Laundry features: In Building

Basement

  • Has basement: Yes
  • Basement: Full,Interior Entry,Unfinished,Laundry,Storage Space,Utility

Bathroom

  • Features: Bath w Tub & Shower

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Wall (Dry Wall),Wall (Plaster),Plumbing (Mixed),Insulation (Ceiling),Insulation (Walls)
  • Window features: Insulated Windows
  • Flooring: Hardwood,Vinyl
  • Number of fireplaces: 3
  • Fireplace features: Brick,Free Standing
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Natural Gas,Baseboard,Forced Water
  • Cooling features: None

Interior Area

  • Total structure area: 5,352
  • Total interior livable area: 3,116 sqft

Property

Accessibility

  • Accessibility features: One Level

Details

  • Parcel number: CRANM23L1716U
  • Attached to another structure: Yes

Features

  • Stories: 2
  • Waterfront features: Walk to Salt Water

Lot

  • Lot size: 0.31 Acres
  • Features: Sidewalks

Parking

  • Total spaces: 10
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2