Attention Investors Exceptional Investment Opportunity – MIXED USE PROPERTY, Two Separate Buildings One RESIDENTIAL & One COMMERCIAL – located on one lot. The Residential Property has a TOTAL of (12) BEDROOMS and (6) BATHROOMS. Each Tenant Pays Their Own Utilities. There are Six Gas Meters, Six Electric Meters, Six Heating Systems and Six Water Heaters. There is On-site Parking, a Full Sized Basement, Three Outdoor Decks, and Both Roofs Were Replaced Less Than Five Years ago. The Commercial Building has a TOTAL of (2) Commercial Units Currently Rented to a Mattress Store and a Tattoo Parlor with Separate Utilities, Two Heating Systems and Two Electric Meters and a Full Basement. All Rents are Currently Under Market Rates and have Potential for Increased Income. One Easily Rentable Residential Unit is Currently Vacant but Will Make for Quick Showings and Notice Will Be Needed for All Other Units. Conveniently Located on the Corner of 1380 Plainfield Street & 6 Clemence Street, a High Demand Rental Area and Just Steps Away To the Bus Stop, Shopping and Schools. Situated on the Cranston West/Johnston Line. This Beautiful Property is an Excellent Option for a 1031 Exchange, or Owner Financing is Available if Qualified, Looking For Serious Buyers Ready to Close.
Listing Provided Courtesy of Bhhs Pinnacle Realty
Property Details
Price:
$1,250,000
MLS #:
1375869
Status:
Pending
Beds:
0
Baths:
0
Address:
1380 Plainfield Street
Type:
Commercial
Subtype:
Commercial Sale
Subdivision:
Cranston West
City:
Cranston
Listed Date:
Jan 16, 2025
State:
RI
Finished Sq Ft:
6,780
Total Sq Ft:
6,780
ZIP:
02920
Lot Size:
6,098 sqft / 0.14 acres (approx)
Year Built:
1912
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Schools
Interior
Cooling
None
Heating
Gas Connected
Laundry Features
In Building
Exterior
Community Features
Bus, Highway Access, Interstate, Private School, Public School, Restaurants, Shopping
Construction Materials
Frame, Masonry
Parking Spots
6
Financial
Tax Year
2024
Taxes
$8,836
Map
Community
- Address1380 Plainfield Street Cranston RI
- SubdivisionCranston West
- CityCranston
- CountyProvidence
- Zip Code02920
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1380 Plainfield Street
Cranston, RI
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