S & O Rhode Island Group
Smith and Oak Real Estate Co.
(401) 592-5919
73 Total Sales
1 in Arlington
$542,500 Price
41 Washington Ave Cranston, RI 02920
Arlington Neighborhood
8
Beds
4
Baths
5,025
Sq Ft
5,500
Sq Ft Lot
Highlights
- Attic
- Workshop
- Porch
- Corner Lot
- Thermal Windows
- Bathtub with Shower
About This Home
As of June 20264-family in Cranston offering a strong value-add opportunity for investors or experienced buyers. The property features a desirable unit mix with two 1-bedroom units on the first floor, a spacious 3-bedroom unit on the second floor, and a 2-bedroom unit on the third floor.
Recent improvements include remodeled kitchens in Units 1R and 2F, newer vinyl siding, replacement windows, and upgraded mechanicals. Interior conditions vary, with select units recently updated while others offer additional upside through cosmetic improvements and rent optimization.
Ideal opportunity for investors seeking cash flow, forced appreciation, or long-term portfolio growth in a strong Cranston rental market. Property offers multiple income streams with clear value-add potential.
Property is being sold as-is. Seller will not perform repairs or upgrades beyond any basic safety items deemed necessary for closing.
Sale is subject to seller obtaining suitable housing. Seller may also consider a short-term rent-back period after closing if mutually agreeable. Conservative Estimates for Market Rents: 1F Rear Studio $1,550 | 1F Front 1BR $1,750 | 2F 3BR $2,150 | 3F 3BR $2,050
Estimated Gross Annual Income Potential: $90,000.00
Last Agent to Sell the Property
RE/MAX ONE License #RES.0028553 Listed on: 05/13/2026
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,442
Year Built
- Built in 1920
Lot Details
- 5,500 Sq Ft Lot
- Corner Lot
Home Design
- Brick Foundation
- Stone Foundation
- Vinyl Siding
- Plaster
Interior Spaces
- 5,025 Sq Ft Home
- 3-Story Property
- Thermal Windows
- Workshop
- Storage Room
- Utility Room
- Laminate Flooring
- Storm Doors
- Attic
Kitchen
- Oven
- Range
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 4 Parking Spaces
- No Garage
- Driveway
Outdoor Features
- Outbuilding
- Porch
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
- Baseboard Heating
- Separate Meters
- 100 Amp Service
- Gas Water Heater
Listing and Financial Details
- Legal Lot and Block 74 / 2
- Assessor Parcel Number 41WASHINGTONAVCRAN
Community Details
Overview
- 4 Units
- Arlington Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Building Details
- Operating Expense $8,000
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Arlington, RI
-
S & O Rhode Island Group
-
Jeffrey Infante
Jeffrey Infante
Real Broker, LLC
(401) 992-5012
97 Total Sales
2 in Arlington
$319K - $426K Price Range
-
The Realpro Group
The Realpro Group
REALPRO by The Water
(401) 240-4724
339 Total Sales
5 in Arlington
$330K - $543K Price Range
-
Lisa Green-Browne
Lisa Green-Browne
Keller Williams Realty
(781) 725-6648
80 Total Sales
1 in Arlington
$375,000 Price
-
Yvonne Sousa
Yvonne Sousa
LoKation Real Estate
(401) 645-4299
160 Total Sales
2 in Arlington
$375K - $458K Price Range
-
Michael Saccoccio
Michael Saccoccio
Coldwell Banker Realty
(401) 437-5428
108 Total Sales
1 in Arlington
$200,000 Price
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/05/2026 06/05/26 | Sold | $605,000 | -0.7% | $120 / Sq Ft |
| 05/22/2026 05/22/26 | Pending | -- | -- | -- |
| 05/13/2026 05/13/26 | For Sale | $609,000 | -- | $121 / Sq Ft |
Source: State-Wide MLS
Agents Affiliated with this Home
-
Mark Harrington
Seller's Agent in 2026
Mark Harrington
RE/MAX ONE
(401) 641-1663
2 in this area
47 Total Sales
-
Juan Tejada
J
Buyer's Agent in 2026
Juan Tejada
Innovations Realty
(401) 261-7403
5 in this area
200 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1412357
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2026 State-Wide MLS, Inc. All rights reserved.
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