303 Webster Ave Cranston, RI 02920
Arlington NeighborhoodEstimated payment $3,797/month
Highlights
- Wood Flooring
- 3 Car Detached Garage
- Heating System Uses Gas
About This Home
**PLEASE SUBMIT ALL OFFERS VIA EMAIL TO FRANK BY 1PM ON WEDNESDAY APRIL 22nd** Well-maintained 3-family investment opportunity in a convenient Cranston location! Subject to seller finding suitable housing. The home has been lovingly owned and occupied by the same owner for many years. Situated on a fenced-in corner lot just minutes from major highways, this property offers both accessibility and strong income potential, currently way below its tremendous market potential. This property features three spacious units, each offering approximately 1,170 square feet of living space with 2 bedrooms, 1 full bath, kitchen, hardwood floors and a double parlor. The exterior is in excellent condition with vinyl siding, many replacement windows and great porches, a detached 3 car garage and 3 additional on-site parking spaces. Ideal for an owner-occupied investor or value-add buyer, the first and second floor units are ready for occupancy, while the third floor vacant for several years will require additional investment to bring it back online. Additional features include a full unfinished basement with ample storage space, 3 separate heating systems, electrical panels and washer/dryer hook-up in the basement. A rare opportunity to build equity and maximize rental income in a desirable commuter location with outstanding upside potential for any investor.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,442
Year Built
- Built in 1920
Lot Details
- 5,749 Sq Ft Lot
Parking
- 3 Car Detached Garage
Home Design
- 3,510 Sq Ft Home
- Vinyl Siding
Flooring
- Wood
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Utilities
- No Cooling
- Heating System Uses Gas
- Radiant Heating System
- 100 Amp Service
- Gas Water Heater
Community Details
- 2 Buildings
- 3 Units
- Silver Lake Subdivision
Listing and Financial Details
- Tax Lot 411
- Assessor Parcel Number 303305WEBSTERAVCRAN
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $6,442 | $464,100 | $108,300 | $355,800 |
| 2024 | $6,316 | $464,100 | $108,300 | $355,800 |
| 2023 | $5,137 | $271,800 | $47,600 | $224,200 |
| 2022 | $5,031 | $271,800 | $47,600 | $224,200 |
| 2021 | $4,892 | $271,800 | $47,600 | $224,200 |
| 2020 | $4,900 | $235,900 | $37,400 | $198,500 |
| 2019 | $4,900 | $235,900 | $37,400 | $198,500 |
| 2018 | $4,786 | $235,900 | $37,400 | $198,500 |
| 2017 | $4,205 | $183,300 | $17,000 | $166,300 |
| 2016 | $4,115 | $183,300 | $17,000 | $166,300 |
| 2015 | $4,115 | $183,300 | $17,000 | $166,300 |
| 2014 | $3,234 | $141,600 | $17,000 | $124,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/24/2026 04/24/26 | Pending | -- | -- | -- |
| 04/03/2026 04/03/26 | For Sale | $619,000 | -- | $176 / Sq Ft |
Source: State-Wide MLS
MLS Number: 1409178
APN: CRAN-000007-000001-000411
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