303 Webster, Cranston, RI, 02920

Well-maintained 3-family investment opportunity in a convenient Cranston location! Subject to seller finding suitable housing. The home has been lovingly owned and occupied by the same owner for many years. Situated on a fenced-in corner lot just minutes from major highways, this property offers both accessibility and strong income potential, currently way below its tremendous market potential. This property features three spacious units, each offering approximately 1,170 square feet of living space with 2 bedrooms, 1 full bath, kitchen, hardwood floors and a double parlor. The exterior is in excellent condition with vinyl siding, many replacement windows and great porches, a detached 3 car garage and 3 additional on-site parking spaces. Ideal for an owner-occupied investor or value-add buyer, the first and second floor units are ready for occupancy, while the third floor—vacant for several years—will require additional investment to bring it back online. Additional features include a full unfinished basement with ample storage space, 3 separate heating systems, electrical panels and washer/dryer hook-up in the basement. A rare opportunity to build equity and maximize rental income in a desirable commuter location with outstanding upside potential for any investor.

Residential Income
$619,000
Location
City/TownCranston
CountyProvidence
Interior
Living Area3,510 sq. ft.
Rooms15
HeatingNatural Gas, Radiant
CoolingNone
Interior FeaturesInsulation (Walls)
Additional Information
Tax Assessment$464,100
Exterior
Acreage0.132
Listed By: Remax Revolution

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