
63 Park Ave Cranston, RI 02905
Edgewood NeighborhoodHighlights
- Wood Flooring
- 2 Car Detached Garage
- Laundry Room
- Tennis Courts
- Bathtub with Shower
- 3-minute walk to Fay Memorial Field
About This Home
As of June 2025Incredible opportunity in the highly sought-after Edgewood neighborhood of Cranston! This spacious and versatile 2-family home with a third-floor in-law setup is ideal for both owner-occupants and savvy investors. The first and second floors each offer large 3-bedroom apartments with in-unit laundry and generous layouts. The third floor features a studio-style unit with a full kitchen, bath, and its own laundry perfect for extended family, guests, or added income. Separate utilities, off-street parking, a 2-car garage, and a private yard add to the appeal. The property is in excellent, turn-key condition with a 4-year-old roof, updated systems, and well-maintained interiors. Located just minutes from Johnson & Wales Harborside campus, hospitals, downtown Providence, and major highways, this home offers convenience, comfort, and excellent rental income potential. Whether you're looking to live in one unit or expand your portfolio, 61-63 Park Ave is a must-see!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,265
Year Built
- Built in 1925
Parking
- 2 Car Detached Garage
- Driveway
Home Design
- Vinyl Siding
- Concrete Perimeter Foundation
- Plaster
Interior Spaces
- 5,188 Sq Ft Home
- 3-Story Property
- Storage Room
- Utility Room
Kitchen
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- Heating System Uses Steam
- 100 Amp Service
- Gas Water Heater
Additional Features
- 5,663 Sq Ft Lot
- Property near a hospital
Listing and Financial Details
- Tenant pays for hot water
- Tax Lot 3450
- Assessor Parcel Number 63PARKAVCRAN
Community Details
Overview
- 3 Buildings
- 2 Units
- Edgewood Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Tennis Courts
- Recreation Facilities
Building Details
- Operating Expense $5,043
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $650,000 | None Available | |
Deed | $650,000 | None Available | |
Warranty Deed | $119,000 | -- | |
Warranty Deed | $119,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $611,000 | Purchase Money Mortgage | |
Closed | $611,000 | Purchase Money Mortgage | |
Previous Owner | $17,000 | No Value Available | |
Previous Owner | $113,000 | No Value Available |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/17/2025 06/17/25 | Sold | $650,000 | +9.2% | $125 / Sq Ft |
04/15/2025 04/15/25 | Pending | -- | -- | -- |
04/09/2025 04/09/25 | For Sale | $595,000 | -- | $115 / Sq Ft |
Tax History Compared to Growth
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 | $6,265 | $460,300 | $108,500 | $351,800 |
2023 | $5,895 | $311,900 | $71,500 | $240,400 |
2022 | $5,773 | $311,900 | $71,500 | $240,400 |
2021 | $5,614 | $311,900 | $71,500 | $240,400 |
2020 | $5,413 | $260,600 | $68,100 | $192,500 |
2019 | $5,413 | $260,600 | $68,100 | $192,500 |
2018 | $5,288 | $260,600 | $68,100 | $192,500 |
2017 | $4,758 | $207,400 | $61,200 | $146,200 |
2016 | $4,656 | $207,400 | $61,200 | $146,200 |
2015 | $4,656 | $207,400 | $61,200 | $146,200 |
2014 | $4,461 | $195,300 | $61,200 | $134,100 |
Agents Affiliated with this Home
-
Seller's Agent in 2025
The DiSpirito Team
Engel & Volkers
(401) 244-8355
11 in this area
479 Total Sales
-
I
Buyer's Agent in 2025
Indira Ruiz
D'Empire Real Estate LLC
(401) 617-6274
2 in this area
37 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1382003

APN: CRAN-000002-000005-003450
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