$569,900
PENDING

Estimated payment $3,652/month

Total Views 3,303
2 Beds
1.5 Baths
2,827 Sq Ft
$202 Price per Sq Ft

Highlights

  • Golf Course Community
  • Wood Flooring
  • Tennis Courts
  • 0.22 Acre Lot
  • Attic
  • 2 Car Detached Garage

About This Home

An exceptional investment opportunity awaits in the vibrant Knightsville neighborhood of Cranston! This well-maintained and recently updated mixed-use building offers both steady income and prime location. The first floor features a beautifully renovated, full-service salon with stylish finishes and a welcoming atmosphere perfect for continued business or your next entrepreneurial venture. Upstairs, you'll find a spacious 2-bedroom, 1-bath apartment currently occupied by long-term tenants, providing consistent rental income. To the rear of the property is a detached garage, also rented, offering added value and flexibility for storage or workspace. A freshly paved lot surrounds the property, offering ample off-street parking, a rare convenience in this desirable neighborhood. Whether you're an investor looking to expand your portfolio or an owner-occupant seeking additional income, this property is a must-see.

Listing Agent

Jimmy Ranieri

Empire RE Group, ERA Powered License #REC.0016826 Listed on: 06/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,569

Year Built

  • Built in 1900

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Combination Foundation
  • Wood Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 2,827 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Storage Room
  • Utility Room
  • Attic

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Accessible Home Design

  • Accessible Hallway
  • Accessibility Features
  • Accessible Doors
  • Accessible Approach with Ramp

Outdoor Features

  • Outbuilding
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • 9,630 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 220
  • Assessor Parcel Number 1766CRANSTONSTCRAN

Community Details

Overview

  • 2 Units
  • Knightsville Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Building Details

  • Operating Expense $11,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,569

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Business Type: Other
  • Lot Size Acres: 0.2211
  • Subdivision Name: Knightsville
  • Above Grade Finished Sq Ft: 2827.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Exhaust Fan, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Accessibility Features: Accessibility Features, Accessible Approach with Ramp, Accessible Doors, Accessible Hallway(s)
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Attic, Tub Shower
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows

Exterior Features

  • Construction Type: Drywall, Plaster, Clapboard, Wood Siding
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Combination
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 14.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9630.0
  • Parcel #: 1766CRANSTONSTCRAN

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 11700.0

Tax Info

  • Tax Annual Amount: 6569.0
  • Tax Lot: 220
  • Tax Map Number: 11/2
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 -- $321,700 $108,000 $213,700
2023 $0 $264,100 $92,600 $171,500
2022 $0 $264,100 $92,600 $171,500
2021 $0 $264,100 $92,600 $171,500
2020 $0 $202,000 $84,900 $117,100
2019 $0 $202,000 $84,900 $117,100
2018 $0 $202,000 $84,900 $117,100
2017 $0 $185,600 $77,100 $108,500
2016 -- $185,600 $77,100 $108,500
2015 -- $185,600 $77,100 $108,500
2014 -- $192,500 $77,100 $115,400
Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $355,000 None Available
Warranty Deed $355,000 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Deed $270,000 --
Deed $270,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 Purchase Money Mortgage
Closed $360,000 Purchase Money Mortgage
Previous Owner $300,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $140,000 Commercial
Previous Owner $70,000 Commercial
Source: Public Records

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Source: State-Wide MLS

MLS Number: 1387052

State-Wide MLS

APN: CRAN-000011-000002-000220