2 Gansett Avenue Cranston

$495,000
4 2.5 2,457 sq ft

The Property

Exceptional visibility at a prominent four-corner intersection highlights this well-maintained three-unit mixed-use building. The first floor features an attractive, updated commercial storefront with gas-forced hot-air heat—ideal for a variety of business uses. The second and third floors each offer, two-bedroom apartment and fully applianced. Rented units are on a month-to-month basis and feature gas baseboard heating, gas hot water, and separate utilities.

An updated, hardwired, fire-code–compliant alarm system is already in place. This property presents an outstanding opportunity for investors or owner-occupants seeking strong visibility and reliable rental income. Will qualify for FHA financing and conventional loan.

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Listing Details

MLS Number

1400662

Lot Size:

0.03 acres

Features

  • Basement: Full, Interior Only, Unfinished, Utility
  • Bus
  • Commuter Bus
  • Highway Access
  • Public School
  • Restaurants
  • Schools
  • Shopping
  • Heating: Natural Gas, Baseboard
  • Heating Fuel: Natural Gas, Baseboard
  • Laundry
  • Paved
  • Sidewalks
  • Year Built: 1920

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Market Trends for Single Family Homes
in Cranston

  • Overview
    Homes for Sale Today105-96.4% decrease in inventory
    New on Market *54-28% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$332.68$14 increase in List Price/Sq.Ft.
    Avg. Sale Price *$552,403$38,475 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *97.50%-1.2% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$330.81$12 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *576 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?

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

Listed by Re/Max New Horizons

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