276 East Street Cranston

$419,900
2 1 1,001 sq ft

The Property

** Investment & Development Opportunity in Cranston! ** Rare opportunity to unlock the potential of this 1.21-acre property in a convenient Cranston location. The existing single-family home is in need of renovation, making this an excellent option for an investor, developer, or savvy homeowner looking for a property with significant upside. Renovate the existing home and take advantage of the expansive lot, explore the possibility of adding an additional structure, or consider a tear-down and redevelopment opportunity for new housing. With over an acre of land, the property offers flexibility and possibilities rarely found in this area.

Any subdivision, additional units, or redevelopment would be subject to zoning and municipal approvals, that the buyer can obtain post closing. Ideally situated near Garden City Center, state offices, shopping, dining, highways, and everyday conveniences, this property combines a desirable location with exciting investment potential.

Bring your vision and explore the possibilities!

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Listing Details

MLS Number

1422382

Lot Size:

1.21 acres

Features

  • Basement: Full, Interior Only, Unfinished
  • Heating: Natural Gas, Forced Air
  • Heating Fuel: Natural Gas, Forced Air
  • Type: Cottage
  • Year Built: 1876

Market Trends for Single Family Homes
in Cranston

  • Overview
    Homes for Sale Today135-95.9% decrease in inventory
    New on Market *104-1% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$321.60$17 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$542,722$28,794 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *102.44%1.5% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$361.76$35 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *591 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 Westcott Properties
Phone: 401-421-5300

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