Link Copied
Listed price in listed location currency (USD).
$609,000

744

MLS® 1412357

Open House
Sat May 16, 4:00-6:00 PM UTC
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 5025 sqft
Garage 
Taxes $5,442
Days Active 0
Lot Size 
Approx. Age 1920
Avg. Price Per Sqft $121
MLS® Number 1412357

Property Address: 41 Washington Ave, Cranston, RI, 02920-7811

Average square foot calculated using Size range provided by listing agent.

Description

4-family in Cranston offering a strong value-add opportunity for investors or experienced buyers. The property features a desirable unit mix with two 1-bedroom units on the first floor, a spacious 3-bedroom unit on the second floor, and a 2-bedroom unit on the third floor. Recent improvements include remodeled kitchens in Units 1R and 2F, newer vinyl siding, replacement windows, and upgraded mechanicals. Interior conditions vary, with select units recently updated while others offer additional upside through cosmetic improvements and rent optimization. Ideal opportunity for investors seeking cash flow, forced appreciation, or long-term portfolio growth in a strong Cranston rental market. Property offers multiple income streams with clear value-add potential. Property is being sold as-is. Seller will not perform repairs or upgrades beyond any basic safety items deemed necessary for closing. Buyer to conduct their own due diligence regarding fire, smoke, lead, and municipal requirements, as applicable. Sale is subject to seller obtaining suitable housing. Seller may also consider a short-term rent-back period after closing if mutually agreeable. *Avg Market Rents: Studio $1, 550.00, 1bd $1, 750.00, 2bd $1, 950.00, 3bd $2, 150.00 = Cash Flow Potential $88, 800.00*
MLS® Number1412357
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
Garage
Approx. Age1920
BasementFull, Interior Entry, Unfinished
DrivewayNo Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 13, 2026List Date
$609,000List Price
  • Commute

Commute

Starting Address
Destination Address
41 Washington Ave, Cranston, RI

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties