1380 Plainfield ST Active Save Request In-Person Tour Request Virtual Tour
Cranston,RI 02920
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,780 sqft
Price per Sqft $191
MLS Listing ID 1376331
Bedrooms 12
Full Baths 6
Half Baths 2
Year Built 1912
Annual Tax Amount $8,835
Tax Year 2024
Lot Size 6,098 Sqft
Property Description
Attention Investors Exceptional Investment Opportunity - MIXED USE PROPERTY, Two Separate Buildings One RESIDENTIAL & One COMMERCIAL - located on one lot. The Residential Property has a TOTAL of (12) BEDROOMS and (6) BATHROOMS. Each Tenant Pays Their Own Utilities. There are Six Gas Meters, Six Electric Meters, Six Heating Systems and Six Water Heaters. There is On-site Parking, a Full Sized Basement, Three Outdoor Decks, and Both Roofs Were Replaced Less Than Five Years ago. The Commercial Building has a TOTAL of (2) Commercial Units Currently Rented to a Mattress Store and a Tattoo Parlor with Separate Utilities, Two Heating Systems and Two Electric Meters and a Full Basement. All Rents are Currently Under Market Rates and have Potential for Increased Income. One Easily Rentable Residential Unit is Currently Vacant but Will Make for Quick Showings and Notice Will Be Needed for All Other Units. Conveniently Located on the Corner of 1380 Plainfield Street & 6 Clemence Street, a High Demand Rental Area and Just Steps Away To the Bus Stop, Shopping and Schools. Situated on the Cranston West/Johnston Line. This Beautiful Property is an Excellent Option for a 1031 Exchange, or Owner Financing is Available if Qualified, Looking For Serious Buyers Ready to Close. Refer to MLS #1375869 for More Info on All 8 Units and Documents.
Location
State RI
County Providence
Zoning C2
Interior
Heating Gas
Cooling None
Flooring Carpet,Laminate
Fireplaces Type None
Laundry Common Area
Exterior
Community Features Highway Access,Near Schools,Public Transportation,Restaurant,Shopping,Sidewalks
Utilities Available Sewer Connected
Building
Foundation Combination
Sewer Connected
Water Connected
Structure Type Vinyl Siding
New Construction No
Others
Acceptable Financing Owner May Carry
Listing Terms Owner May Carry