255-0 Farmington Ave, Cranston, RI, 02920
About This Home
MOVE RIGHT IN! THIS HOME QUALIFIES FOR A SPECIAL FIRST TIME HOME BUYER PROGRAM THROUGH WASHINGTON TRUST BANK, WHICH FEATURES A 5.125% INTEREST RATE FIXED FOR 30 YEARS, NO MONEY DOWN, NO POINTS, NO PMI & CLOSING COST ASSISTANCE FOR QUALIFIED BUYERS. This well maintained 2 family home is being sold with an additional lot and a 3 car garage. Many potential options for expansion including converting the 3 car garage into an ADU (2 floors?), splitting lot off and building another home, expanding existing home, etc. The current 2 family home features a first floor unit in excellent condition with high ceilings, natural light, hardwood floors, stainless appliances & more. The first floor unit enjoys the use of the full basement with laundry & storage. The vacant second floor unit is in great shape and ready to be rented. It also features lots of natural light, hardwood floors, functional kitchen/bath and a 2nd floor balcony for private outdoor space. Also offering a low maintenance exterior, ample parking, separate utilities, natural gas & more. Many possibilities with this offering - live just the way it is for less, expand, invest, etc. Seller financing potentially available.
Getting Around
Very Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1920
Materials
- Foundation: Unknown
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater,Dishwasher,Dryer,Range Hood,Microwave,Oven/Range,Refrigerator,Washer
- Laundry features: In Building
Basement
- Has basement: Yes
- Basement: Full,Interior and Exterior,Unfinished,Laundry,Storage Space
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Plumbing (Mixed),Insulation (Unknown),Ceiling Fan(s)
- Door features: Storm Door(s)
- Window features: Insulated Windows
- Flooring: Ceramic Tile,Hardwood,Laminate
Heating & Cooling
- Heating features: Natural Gas,Baseboard,Steam
- Cooling features: None
Interior Area
- Total structure area: 2,129
- Total interior livable area: 1,549 sqft
Property
Details
- Parcel number: 2550FARMINGTONAVCRAN
- Attached to another structure: Yes
Features
- Patio & porch: Patio,Porch
- Exterior features: Balcony
Lot
- Lot size: 7,200 sqft
- Features: Extra Lot,Sidewalks
Parking
- Total spaces: 9
- Parking features: Detached,Driveway
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Inland Flooding
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Rhode Island Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,231 | $38,772 |
| Home Insurance * | $266 | $3,192 |
| Property Taxes | $633 | $7,596 |
| Electricity | $389 | $4,675 |
| Total | $4,519 | $54,228 |
Income You'd Need if You Spent...
Rhode Island FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-18 | Listed for sale | $639,000 |
View on Zillow