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Edgewood Multifamily Home for Sale

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    $850,000

    • 6 Beds
    • 4 Baths
    • 4,899 Sq Ft

    1732 Broad St, Cranston, RI 02905

    Located in prime Edgewood location. This 4 unit property offers a rare opportunity for an investment or owner occupancy. Each unit has updated kitchens, hardwood flooring, separate heating systems( 2 of which are less than a year old) and separate utilities.The building is fire compliant. There is a common laundry room for the tenant's convenience.The annual rental income is $70200.

    James DelBonis HomeSmart Professionals

    1732 Broad St, Cranston, RI 02905

Why Live in Edgewood

Edgewood in Cranston, Rhode Island, is a neighborhood characterized by its quiet urban streets and coastal New England charm. Stretching from Roger Williams Park to the Providence River, Edgewood offers a walkable environment with a small business district and public waterfront green spaces. Residents enjoy proximity to Narragansett Bay and the preserved salt marshes along Stillhouse Cove, where local STEM programs engage children with the natural environment. The neighborhood features a variety of historic home styles, including bungalows, Cape Cods, American Foursquares, and Queen Annes, with prices ranging from $250,000 to $2.8 million. Condos in converted historic homes are also available. Edgewood's inland areas provide recreational opportunities at Pawtuxet Oxboes Park and the expansive Roger Williams Park, which includes a zoo, natural history museum, planetarium, and botanical gardens. The neighborhood hosts a farmers market from May through October and the popular Gaspee Days celebrations. The Pawtuxet Village business district on Broad Street offers dining and entertainment options, including Basta Italian Restaurant and The Blue Room bar. Essential shopping is available at nearby Walgreens, Stop & Shop, and Shaw’s. Edgewood is safer than the national average, with a low crime risk. The neighborhood is well-connected, with RIPTA bus stops and easy access to downtown Providence, just 4 miles away, and Interstate-95, less than 2 miles west. However, homes near the water are susceptible to coastal erosion and elevated water levels during storm surges.

Home Trends in Edgewood, RI

Housing Trends

Median Sale Price
$478,800
Median Single Family Sale Price
$479,000
Median Townhouse Sale Price
$762,000
Median 2 Bedroom Sale Price
$349,900
Median 1 Bedroom Sale Price
$233,500
Average Price Per Sq Ft
$288
Number of Homes for Sale
12
Last 12 months Home Sales
108
Months of Supply
1.30
Median List Price
$469,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
6%
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