Great investment and money-making opportunity awaits in desirable Knightsville! This 3-family property is situated on a large corner lot and offers off-street parking for 8-10 vehicles. Each unit consists of 2 bedrooms, 1 full bathroom, a comfortably-sized living room, an eat-in kitchen, and two of the units feature a brick fireplace. Laundry hook-ups are available for all 3 units. Separate utilities include 3 individual gas meters, 3 100-amp electrical panels, 3 gas furnaces, and 3 hot water tanks. All utilities are paid for by the tenants. Uncover the potential for an additional 4th unit on the 3rd floor. A relaxing front porch, a nice yard with a shed, and a location in the Cranston school systems, close to shopping, restaurants & all conveniences make this one a must see.
Sold for $640,000 on 08/19/24
$640,000
1615 Cranston St, Cranston, RI 02920
6beds
2,526sqft
Multi Family
Built in 1795
-- sqft lot
$670,900 Zestimate®
$253/sqft
$2,687 Estimated rent
Home value
$670,900
$590,000 - $758,000
$2,687/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 20, 2024 at 10:14am
Listed by:
Michael Harrison 401-996-7153,
Williams & Stuart Real Estate
Bought with:
Steven Miller Group
Coldwell Banker Realty
Source: StateWide MLS RI,MLS#: 1363447
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Bath w Tub & Shower
Heating
- Natural Gas, Baseboard
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater, Oven/Range, Refrigerator
- Laundry: In Building
Features
- Stairs, Insulation (Unknown)
- Flooring: Laminate, Vinyl, Carpet
- Basement: Full,Walk-Out Access,Unfinished,Laundry,Storage Space
- Attic: Attic Storage
- Number of fireplaces: 2
- Fireplace features: Brick
Interior area
- Total structure area: 2,526
- Total interior livable area: 2,526 sqft
Property
Parking
- Total spaces: 8
- Parking features: No Garage
Features
- Stories: 3
- Patio & porch: Porch
Lot
- Size: 0.31 Acres
Details
- Parcel number: CRANM81L966U
- Zoning: B-1
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Shingles, Wood
- Foundation: Brick/Mortar, Concrete Perimeter
Condition
- New construction: No
- Year built: 1795
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Near Public Transport, Commuter Bus, Highway Access, Public School, Schools, Near Swimming
Location
- Region: Cranston
- Subdivision: Knightsville
HOA & financial
Other financial information
- Total actual rent: 5700
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2024 | Sold | $640,000+3.4%$253/sqft |
Source:  StateWide MLS RI #1363447 | ||
| 7/18/2024 | Pending sale | $619,000$245/sqft |
Source: StateWide MLS RI #1363447 | ||
| 7/11/2024 | Listed for sale | $619,000+54.8%$245/sqft |
Source: StateWide MLS RI #1363447 | ||
| 8/2/2022 | Sold | $400,000+0%$158/sqft |
Source: StateWide MLS RI #1291993 | ||
| 10/15/2021 | Pending sale | $399,900$158/sqft |
Source: StateWide MLS RI #1291993 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,912 +7.7% | $498,000 +5.6% |
| 2024 | $6,418 +22% | $471,600 +69.5% |
| 2023 | $5,260 +2.1% | $278,300 |
Find assessor info on the county website
Neighborhood: 02920
Nearby schools
GreatSchools rating
- 2/10George J. Peters SchoolGrades: K-5Distance: 0.4 mi
- 7/10Western Hills Middle SchoolGrades: 6-8Distance: 1 mi
- 9/10Cranston High School WestGrades: 9-12Distance: 1.1 mi
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Sell for more on Zillow
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$670,900
2% more+ $13,418
With Zillow Showcase(estimated)
$684,318