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Active · 116 days on market
$659,000
1289 Cranston Street, Cranston, RI 02920
3 bd · 3 ba · built 1900
Listing courtesy of William Raveis Inspire, Jessica Perez
About this home
Imagine living in your own home while collecting rental income from an established commercial tenant with a consistent history of on-time payments….all without the responsibilities of managing residential tenants! This is an incredible alternative for buyers looking to generate rental income while maintaining their privacy and enjoying their own residential space. The commercial unit offers excellent exposure and flexibility for a variety of business uses. The spacious residential unit features an inviting open-concept kitchen, generous living and dining areas, 3 bedrooms, 1.5 bathrooms, and a dedicated laundry room. Additional highlights include fully owned solar panels, two Navien heating and hot water systems, and a detached two-car garage with potential for various uses, including possible ADU conversion (buyers to conduct due diligence). Conveniently located along a bus route with easy access to major highways, shopping, and local amenities. Property qualifies for owner-occupied FHA financing. A rare opportunity to combine homeownership, privacy, and income potential under one roof!
Property facts
- Property type
- Multi Family
- Year built
- 1900
- Lot size (acres)
- 0.08
- Total rooms
- 12
- Garage spaces
- 2
- Total parking
- 4
- Annual taxes
- $4,281
- Tax year
- 2025
- County
- Providence
Features
- Heating
- Natural Gas, Baseboard
- Basement
- Full, Interior Only, Unfinished
- Appliances
- Gas Water Heater
- Parking
- Detached
- Construction
- Aluminum Siding, Brick
- Utilities
- Sewer Connected, Water Connected
- Sewer
- Public Sewer
- Water
- Municipal
Location
MLS# 1418736 · Source: State-Wide Multiple Listing Service, Inc. · Listing courtesy of William Raveis Inspire
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