822 Atwood, Cranston, RI, 02920

Exceptional Investment or Owner-Occupied Opportunity! Situated in a highly visible, high-traffic location, this turnkey development offers tremendous potential for residential or mixed-use applications. Comprised of two commercially zoned C-2 lots, the property presents a rare opportunity for investors, developers, or owner-occupants seeking flexibility and strong future value. Current approved plans feature three residential units, including a spacious first-floor apartment with two bedrooms and one full bath, complemented by two efficient one-bedroom units on the second floor. Having undergone a comprehensive redevelopment, the project offers the appeal and efficiency of effectively new construction, minimizing future maintenance concerns while maximizing rental income potential. With excellent exposure, versatile zoning, and a nearly completed redevelopment, this is a unique opportunity to capitalize on a property that is positioned for immediate occupancy or investment success. Don’t miss the chance to add this income-producing asset to your portfolio. Seller/developer also willing to entertain offers "as is" condition.

Residential Income
$899,000
Location
City/TownCranston
CountyProvidence
Community FeaturesCommuter Bus, Golf, Highway Access, Private School, Recreational Facilities, Restaurants, Shopping, Near Swimming
Interior
Living Area2,808 sq. ft.
Rooms10
HeatingNatural Gas, Forced Air
CoolingCentral Air
Interior FeaturesWall (Cermaic), Wall (Dry Wall), Wall (Plaster), Attic, Internal Expansion, Rough Bath, Stairs, Plumbing (Mixed), Insulation (Ceiling), Insulation (Floors), Insulation (Walls)
Additional Information
Tax Assessment$402,100
ZoningC2
Exterior
Acreage0.1469
Exterior FeaturesPorch
Listed By: Era Empire Real Estate

Information is deemed reliable but is not guaranteed.

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