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Address
189 Smith Street, Cranston, RI
Price
$ 599,900
Property Attributes
  • MLS#1346589
  • TypePending
  • CountyPROVIDENCE
  • CityCranston
  • Zip02905
  • StyleMultiFamily
  • Year Built1930
  • Taxes$ 8753
  • Price$ 599,900
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms2
  • Sqr Footage4110
  • Lot Size3,311 SqFt
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description

Welcome to 189 Smith Street, Cranston - a prime investment opportunity! This well-maintained property boasts a total of 4 units, strategically divided into 2 commercial spaces and 2 residential units, providing a diverse income stream. Additionally, a 2-car garage is included, further enhancing your potential for additional rental income. All units, with the exception of one commercial, are currently rented, offering immediate returns on your investment. The residential units feature elegant hardwood flooring, adding a touch of sophistication and easy maintenance. This property presents a unique opportunity for savvy investors to increase rental rates and bring the income closer to market value. The prime location of 189 Smith Street ensures a high demand for both commercial and residential spaces, making it an ideal investment for those seeking a reliable and lucrative real estate opportunity. Don't miss your chance to own a well-diversified income property in the heart of Cranston. Schedule a viewing today and explore the potential that this meticulously maintained building has to offer.

Price History
10/23/2023 Listed $625,000
11/1/2023 5% - $599,900

General Features

Sewer Connected
Heating ForcedAir,Gas
Cooling Item1Unit
Utilities SewerConnected
Possession Immediately,Negotiable
Appliances GasWaterHeater
Exterior Features PavedDriveway
Garage Spaces 2.0
Construction Materials Drywall,Brick,VinylSiding
Year Built 1930
Electric CircuitBreakers
Property SubType MultiFamily
Tax Year 2022
Business Type Other
Waterfront Features WalktoWater
Community Features Golf,HighwayAccess,Marina,NearHospital,NearSchools,PublicTransportation,Restaurant,Shopping
County Providence
Operating Expense 9500.0
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage Yes
Garage Y/N Yes
Total Rooms 22
Status Pending
City Cranston
Buyer Agent Compensation 2%
View Y/N No
Senior Community Y/N No
Total Units 4
Lot Size Square Feet 3310.0
Waterfront Y/N No
Carport Y/N No
Street Name Smith
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 8753.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://tour.RiLiving.com/189-Smith-ST-Cranston-RI-02905--1346589
Days on Market 156
Standard Status Pending
Tax Assessed Value 304400
Tax Lot 3447
MobileHomeRemainsYN No

Interior Features

Basement Full,InteriorEntry,Unfinished
Flooring CeramicTile,Hardwood,Laminate
Fireplace Features None
Total Stories 2
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 4110.0
Full Baths 2
Half Baths 2
Street Suffix Street
Laundry Features CommonArea
Total Bedrooms 4
Electric On Property Y/N No
LivingAreaSource PublicRecords
Total Baths 4

Exterior Features

Parking Features Attached,Garage
Water Source Connected
Total Parking 6.0
Lot Size Area 3310.0
Foundation Details ConcretePerimeter
Number of Buildings 1
Spa No
Building Area Total 4110.0
Lot Size Acres 0.076
Frontage Length 67
Lot Size Units SquareFeet
Covered Spaces 2.0
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 02905

Price
AVG $420K
$600K
Taxes
AVG $5,282
$8,753
Visits
AVG 233
226
Data Provided by Inside Real Estate®
Year Built
AVG 1928
1930
Walkscore
AVG 78
72
Data Provided by Walkscore® not using MLS data

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