New Listing - 01/16/2025
1380 Plainfield Street, Cranston, RI, 02920
20 rooms
12 beds
6 Full / 2 Half baths
1912
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. Refer to MLS #1375869 for More Info on All 8 Units and Documents.
Status:
Active
Type:
Multi-family
Laundry Remarks:
Common Area
Units:
2
Zoning:
C2
Frontage:
64
Garage:
No Garage
Heating:
Gas
Cooling:
None
Basement:
Full, Interior Entry, Unfinished
Parking:
6-car
Acreage:
0.14
Est. Taxes:
$8,836
Assessment
$432,700
Construction
Vinyl Siding
Utilities
Sewer Connected
Amenities:
Highway Access, Near Schools, Public Transportation, Restaurant, Shopping, Sidewalks
Days on Market:
4
Appliances:
Water Heater
MLS #:
1376331
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of BHHS Pinnacle Realty Phone: 401-331-3948