1609 Elmwood Ave, Cranston, RI, 02910
4beds
4baths
2,405sqft
$595,000
$247price/sqft
$4,367/moest. monthly cost
$174,680/yrincome needed
About This Home
FOUR-UNIT investment opportunity in Cranston with strong potential for investors and buyers looking to build equity. The building consists of four one-bedroom units, each with similar layout and ready for updates, offering the opportunity to renovate and maximize rental income. On-site parking is also available for each unit. Major systems have been addressed, including a young roof, heating system, hot water heater, and updated electrical service. With high demand for multi-family properties, this property provides an opportunity to generate rental income and build long-term equity. Property is being sold as-is.
Getting Around
47
Car-Dependent34
Some Transit38
Somewhat BikeableSchools
5/10
6/10
3/10
Construction
Condition
- Year built: 1920
Materials
- Foundation: Concrete Perimeter
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater,Oven/Range,Refrigerator
Basement
- Has basement: Yes
- Basement: Full,Bulkhead,Unfinished,Storage Space
Bathroom
- Features: Bath w Tub & Shower
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Features
- Plumbing (Mixed),Insulation (Unknown),Ceiling Fan(s)
- Flooring: Hardwood,Laminate,Carpet
- Fireplace features: None
Heating & Cooling
- Heating features: Natural Gas,Steam
- Cooling features: None
Interior Area
- Total structure area: 2,576
- Total interior livable area: 2,405 sqft
Property
Details
- Parcel number: 1609ELMWOODAVCRAN
- Attached to another structure: Yes
- Zoning: c5
Features
- Stories: 2
- Patio & porch: Porch
- Fencing: Fenced
Lot
- Lot size: 7,461 sqft
- Features: Corner Lot
Parking
- Total spaces: 5
- Parking features: No Garage,Driveway
- Has uncovered spaces: Yes