$500,000
SOLD AUG 29, 2024
3 Beds
2.5 Baths
4,843 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$103 Per Sq Ft

21 Days on Market

About This Home

As of August 2024

Prime Investment Opportunity in the Heart of Rolfe Square, Cranston. Discover this exceptional mixed-use property nestled on one of Rhode Island's most coveted streets, Rolfe Square. This versatile building offers a rare combination of two residential units and one commercial unit, making it a standout investment in Cranston's thriving real estate market.
Key Features:
Location: Situated in the highly desirable Rolfe Square, known for its vibrant atmosphere and convenient access to amenities.
Mixed-Use Property: Perfectly blending residential and commercial spaces, catering to both living and business needs.
Residential Units: Tworesidential apartments offer comfortable living spaces, ideal for tenants seeking convenience and urban lifestyle.
Commercial Unit: A versatile commercial space on the ground floor provides an excellent opportunity for business ventures.
Investment Potential: High-demand location ensures strong rental income potential and future appreciation.

Whether you're looking to expand your investment portfolio or establish a foothold in Cranston's burgeoning real estate market, this mixed-use property on Rolfe Square presents an unparalleled opportunity. Don't miss out on owning a piece of this dynamic and sought-after neighborhood. Schedule your showing today to explore the endless possibilities this property has to offer!

Last Agent to Sell the Property

Kevin Sokolowski

Real Broker, LLC License #RES.0045061 Listed on: 06/24/2024

Real Broker, LLC

Last Buyer's Agent

Non-Mls Member

Non-Mls Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,965

Year Built

  • Built in 1906

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • 4,843 Sq Ft Home
  • Vinyl Siding

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 0621
  • Assessor Parcel Number 102ROLFESQCRAN

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,965

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Above Grade Finished Sq Ft: 4843.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1906
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas
  • Heating Yn: Yes
  • Electric: Fuses
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3920.0
  • Parcel #: 102ROLFESQCRAN
  • Zoning: C3
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5965.0
  • Tax Lot: 0621
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2024
Closed on
Aug 25, 2024
Sold by
Liberman Rlty Llc
Bought by
Yang Xichun and Wang Qiue
Seller's Agent
Kevin Sokolowski
Real Broker, LLC
Buyer's Agent
Non-Mls Member
Non-Mls Member
List Price
$500,000
Sold Price
$500,000
Views
25
Current Estimated Value
$500,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125
Avg. Annual Appreciation
0.03%

Purchase Details

Closed on
Aug 4, 2015
Sold by
Liberman Mark and Liberman Svetlana
Bought by
Liberman Realty Llc

Purchase Details

Closed on
Dec 30, 1997
Sold by
Leung Ping-Nor Anna
Bought by
Liberman Mark and Liberman Svetlana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
7.15%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $500,000 None Available
Warranty Deed $500,000 None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $76,000 --
Warranty Deed $76,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $57,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2024 08/29/24 Sold $500,000 0.0% $103 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
06/24/2024 06/24/24 For Sale $500,000 -- $103 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $292,100 $107,500 $184,600
2023 $0 $227,100 $92,200 $134,900
2022 $0 $227,100 $92,200 $134,900
2021 $0 $227,100 $92,200 $134,900
2020 $0 $215,600 $84,200 $131,400
2019 $0 $215,600 $84,200 $131,400
2018 $0 $215,600 $84,200 $131,400
2017 $0 $187,500 $76,800 $110,700
2016 -- $187,500 $76,800 $110,700
2015 -- $187,500 $76,800 $110,700
2014 -- $204,600 $76,800 $127,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1362294

State-Wide MLS

APN: CRAN-000005-000001-000621