16 Colony, Cranston, RI, 02920

Exceptional Two-Family Investment Opportunity with Two Additional Lots! Don't miss this rare opportunity to own a well-maintained two-family home being sold with two additional lots. Each unit features 3 bedrooms and 1 full bathroom, with functional floor plans, spacious living areas, and abundant natural light. Recent updates include fresh interior paint, new carpeting in select areas, and new oil tanks installed in 2025, providing added value and peace of mind. A charming front porch offers the perfect place to relax, while a large storage shed with a roll-up door and concrete floor provides excellent space for equipment, tools, or additional storage. Conveniently located near shopping, restaurants, schools, parks, public transportation, and major commuter routes, this property combines comfort, convenience, and long-term potential. The sale includes two additional lots. Buyers and buyers' agents must conduct their own due diligence regarding lot size, boundaries, zoning, buildability, permitted uses, utilities, and any other matters relating to the additional parcels. The seller makes no representations or warranties regarding the development potential or permitted uses of the lots. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this property presents a unique opportunity with added land value. Schedule your private showing today!

Residential Income
$825,000
Location
City/TownCranston
CountyProvidence
Community FeaturesBus, Highway Access, Interstate, Restaurants, Schools, Shopping
Interior
Living Area1,666 sq. ft.
Rooms10
HeatingOil, Baseboard, Forced Water
CoolingNone
Interior FeaturesStairs, Plumbing (Mixed)
Additional Information
Tax Assessment$351,400
ZoningA8
Exterior
Acreage0.2755
Exterior FeaturesScreened Pch/Patio/Dck/Brzwy
Listed By: Remax Revolution

Information is deemed reliable but is not guaranteed.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. ©2025 State-Wide Multiple Listing Service. All rights reserved.

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