303 305 Webster Avenue,Cranston, RI 02920
Cranston, RI 02920
Description
**PLEASE SUBMIT ALL OFFERS VIA EMAIL TO FRANK BY 1PM ON WEDNESDAY APRIL 22nd** Well-maintained 3-family investment opportunity in a convenient Cranston location! Subject to seller finding suitable housing. The home has been lovingly owned and occupied by the same owner for many years. Situated on a fenced-in corner lot just minutes from major highways, this property offers both accessibility and strong income potential, currently way below its tremendous market potential. This property features three spacious units, each offering approximately 1,170 square feet of living space with 2 bedrooms, 1 full bath, kitchen, hardwood floors and a double parlor. The exterior is in excellent condition with vinyl siding, many replacement windows and great porches, a detached 3 car garage and 3 additional on-site parking spaces. Ideal for an owner-occupied investor or value-add buyer, the first and second floor units are ready for occupancy, while the third floor-vacant for several years-will require additional investment to bring it back online. Additional features include a full unfinished basement with ample storage space, 3 separate heating systems, electrical panels and washer/dryer hook-up in the basement. A rare opportunity to build equity and maximize rental income in a desirable commuter location with outstanding upside potential for any investor.
Details
| MLS # | 1409178 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1920 |
| Days On Site | 206 |
| Listing Provided By | Remax Revolution | Frank Palma |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 3,510 |
| Garage | 3 |
| Basement | Y |
| Units | 3 |
| Building(s) | 2 |
| Acreage | 0.13 |
Interior
| Rooms Total | 15 |
|---|---|
| Heating | Natural Gas, Radiant |
| Heating Yes / No | Yes |
| Cooling | None |
| Cooling Yes / No | No |
| Appliances | Gas Water Heater |
| Interior Features | Insulation (Walls) |
| Fireplace Yes / No | No |
| Fireplaces Total | 0 |
| Fireplace Features | None |
Exterior
| Construction Materials | Vinyl Siding |
|---|
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | Yes |
| Parking Features | Detached |
Utilities
| Sewer | Connected |
|---|---|
| Electric | 100 Amp Service |
Taxes
| Tax Annual Amount | 6441.71 |
|---|---|
| Tax Assessed Value | 464100 |
| Tax Lot | 411 |
| Tax Year | 2025 |
Area Information
| State | RI |
|---|---|
| County | Providence |
| City | Cranston |
| Zip Code | 02920 |
| Area | Providence |
| Community Name | Silver Lake |
| Listing VS Median (in Silver Lake) | |
Price: $619,000 low | high Med: $349,900 sqft: 3,510 low | high Med: 924 $ / sqft: $176 low | high Med: $379 On site: 206 low | high Med: 105 | |
Market Activity 02920
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Learn More About This Property
| State | RI |
|---|---|
| County | Providence |
| City | Cranston |
| Zip Code | 02920 |
| Area | Providence |
| Community Name | Silver Lake |
| Listing VS Median (in Silver Lake) | |
Price: $619,000 low | high Med: $349,900 sqft: 3,510 low | high Med: 924 $ / sqft: $176 low | high Med: $379 On site: 206 low | high Med: 105 | |
