130 Wheeler Avenue
Cranston, RI, 02905
$850,000
7 Beds
5 Baths
3,524 SqFt
0.25 Acres
Add
OWNER-OCCUPY this nicely updated and fully fire-coded 4-Unit home in Cranston’s Edgewood Neighborhood, on the edge of Roger Williams Park. This 1920 property is solid and has low tenant turnover with market rents in place to offset your mortgage requirements. Along with that you’ll enjoy the benefit of either additional income or on-site storage with a 3-Car Garage in the rear with easy (in or out) access from the rear service roadway (for locals only). Recent updates include sanded floors, freshly painted interiors and an updated foundation, with one unit being completely gutted and renovated from top to bottom, from kitchen to electrical and more! Other updates in the last few years include newer hot water tanks, newer heating system & a recently painted exterior. Both 1st floor units can enjoy the benefit of the classic Farmers porch in the front, while both 2nd floor units will enjoy the large rear deck. Parking for up to 11 cars in front and back, with low grounds maintenance make this an advantageous property, compared to other multi-family homes in the area. MUST SEE! Just minutes from Providence, Pawtuxet Village, or Warwick! You’ll have easy access to 95 with a short drive to all local dining, shopping, schools or all of the countless amenities that historically make Edgewood an amazing place to call HOME!!! NOTE: All but one of the Tenants are Month to Month. Total rental income is now $88,800 yearly. Heat is included in rent. Highest & Best due by 5PM Wed, 2/12/25.
Listing Provided Courtesy of Blackstone/Ocean Properties

Property Details

Price:
$850,000
MLS #:
1377716
Status:
Pending
Beds:
7
Baths:
5
Address:
130 Wheeler Avenue
Type:
Multi Family
Subdivision:
Edgewood
City:
Cranston
Listed Date:
Feb 6, 2025
State:
RI
Finished Sq Ft:
3,524
Total Sq Ft:
3,524
ZIP:
02905
Lot Size:
10,890 sqft / 0.25 acres (approx)
Year Built:
1920
Units:
4
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Schools

Interior

Appliances
Dishwasher, Dryer, Oven/ Range, Refrigerator, Washer
Bathrooms
5 Full Bathrooms
Cooling
None
Flooring
Ceramic Tile, Hardwood, Laminate, Carpet
Heating
Natural Gas, Baseboard, Forced Air, Steam
Laundry Features
Common Area, In Building

Exterior

Community Features
Bus, Private School, Public School, Recreational Facilities, Restaurants, Schools
Construction Materials
Dry Wall, Plaster, Shingles, Wood
Exterior Features
Deck, Porch
Parking Features
Detached
Parking Spots
14

Financial

Tax Year
2024
Taxes
$11,977

Map

Community

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130 Wheeler Avenue
Cranston, RI