700 Reservoir Avenue Cranston

$649,900
2,613 sq ft

The Property

Prime Investment Opportunity at a great price! This versatile three-unit mixed-use property offers an excellent opportunity for investors, with the potential to create a 4th and 5th unit for additional income potential. Ideally located on Reservoir Avenue, the property is within walking distance to shopping, restaurants, dining, and everyday stores. Three existing units are currently rented, with two tenants on a month-to-month basis, providing flexibility. The property features a newer furnace, hardwood and vinyl flooring throughout, and private off-street parking in the rear.

With a strong location, existing rental income, and potential for additional space, this property offers an exciting opportunity to expand and maximize its investment potential.

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Listing Details

MLS Number

1424736

Lot Size:

0.10 acres

Features

  • Basement: Full
  • Bus
  • Commuter Bus
  • Highway Access
  • Private School
  • Public School
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Heating: Baseboard
  • Heating Fuel: Baseboard
  • Laundry
  • Paved
  • Sidewalks
  • Free Standing
  • Year Built: 1920

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Market Trends for Commercial/Business,Commercial Sale
in Cranston

  • Overview
    Homes for Sale Today24-20% decrease in inventory
    New on Market *650% increase in new listings
    Avg. Asking Price/Sq.Ft. *$195.51$17 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$0$655,000 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *%-100% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$0.00$0 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *29 decrease in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Century 21 Limitless
Phone: 508-567-3468

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