$640,000
SOLD OCT 29, 2025
4 Beds
2 Baths
3,996 Sq Ft
10,594 Sq Ft Lot

Recently Sold

$160 Per Sq Ft

5% Above List Price

36 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • 2 Car Detached Garage
  • 0.24 Acre Lot
  • Tennis Courts
  • Cul-De-Sac

About This Home

As of October 2025

***Final offers are due on 9/29 by 5:30pm*** First time ever on the market! This owner-occupied two-family home has been lovingly cared for by the same family since it was built. 44 River Street sits on an oversized fenced-in lot at the end of a quiet dead-end street in the heart of the Edgewood neighborhood of Cranston. The property abuts the Oxbow Natural Preserve & walking trails that lead to the highly desirable Pawtuxet Village area. While ideal for investment opportunities of all kinds including owner-occupied, multigenerational, short- and long-term rental, and medical staff rentals, this property is also an option for those considering an ADU or expansion. Each unit has it's own five year old heating system and water tank, its own oil tank, and separate electric meters. A whole house water filtration system benefits both units. There are 2 hookups for generator connection. The basement includes a lockable landlord's storage room. The sewer connection was fully replaced in 2024. Parking includes a detached 2-car garage with tandem parking for 4 additional vehicles. Thoughtful updates reflecting pride of ownership will be found throughout the home. Don't miss this opportunity to own a fully-furnished, turn-key, two-family property in one of Cranston's most sought-after neighborhoods!

Last Agent to Sell the Property

Lindsay Ferranti

RI Real Estate Services License #RES.0045293 Listed on: 09/23/2025

RI Real Estate Services

Last Buyer's Agent

Jose Diaz

Keller Williams Leading Edge License #RES.0035354

Keller Williams Leading Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,957

Year Built

  • Built in 1953

Lot Details

  • 10,595 Sq Ft Lot
  • Cul-De-Sac
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Stone Foundation
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,996 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Storage Room

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Location

  • Property near a hospital

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • 200+ Amp Service
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 44RIVERSTCRAN

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Edgewood Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,957

Year Built

Built in 1953

Lot Details

10,595 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2432
  • Subdivision Name: Edgewood
  • Above Grade Finished Sq Ft: 3996.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1953
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Oil Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood, Other, Vinyl
  • Interior Amenities: Tub Shower
  • Dining Room Type: Storage Room
  • Stories: 2

Exterior Features

  • Fencing: Fenced
  • Lot Features: Cul-De-Sac
  • Construction Type: Drywall, Vinyl Siding
  • Foundation Details: Concrete Perimeter, Stone

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10595.0
  • Parcel #: 44RIVERSTCRAN
  • Zoning: A6

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5957.3
  • Tax Lot: 6
  • Tax Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2025
Closed on
Oct 29, 2025
Sold by
Dorsi Glenn
Bought by
Trejo Lawrence
Seller's Agent
Lindsay Ferranti
RI Real Estate Services
Buyer's Agent
Jose Diaz
Keller Williams Leading Edge
List Price
$610,000
Sold Price
$640,000
Premium/Discount to List
$30,000
4.92%
Views
40
Current Estimated Value
$635,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,510
Avg. Annual Appreciation
-2.00%
Original Mortgage
$627,085
Outstanding Balance
$624,815
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$10,675

Purchase Details

Closed on
Jan 6, 2017
Sold by
Dorsi Frank J
Bought by
Dorsi Glenn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,692
Interest Rate
4.03%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 26, 2001
Sold by
Mott Deborah J
Bought by
Charette Kenneth W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,850
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 1998
Sold by
Reed Robert H and Reed Janet
Bought by
Boysworth Deborah
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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 $640,000 --
Warranty Deed $224,750 --
Deed $130,000 --
Warranty Deed $90,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $627,085 Purchase Money Mortgage
Previous Owner $182,692 FHA
Previous Owner $150,000 No Value Available
Previous Owner $128,850 Purchase Money Mortgage
Previous Owner $50,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2025 10/29/25 Sold $640,000 +4.9% $160 / Sq Ft
09/23/2025 09/23/25 For Sale $610,000 -- $153 / Sq Ft
Source: State-Wide MLS

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 $5,957 $429,200 $118,600 $310,600
2024 $5,841 $429,200 $118,600 $310,600
2023 $5,428 $287,200 $78,100 $209,100
2022 $5,316 $287,200 $78,100 $209,100
2021 $5,170 $287,200 $78,100 $209,100
2020 $5,024 $241,900 $74,400 $167,500
2019 $5,024 $241,900 $74,400 $167,500
2018 $4,908 $241,900 $74,400 $167,500
2017 $4,547 $198,200 $67,000 $131,200
2016 $4,450 $198,200 $67,000 $131,200
2015 $4,450 $198,200 $67,000 $131,200
2014 $3,951 $196,500 $67,000 $129,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1395651

State-Wide MLS

APN: CRAN-000002-000006-003510

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