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1380 Plainfield Street, Cranston, RI 02920

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For Sale

$1,300,000

12 beds • 6 baths • 2 half baths • 6,780 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $191.74
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Attention Investors Exceptional Investment Opportunity - MIXED USE PROPERTY, Two Separate Buildings One RESIDENTIAL & One COMMERCIAL - located on one lot. The Residential Property has a TOTAL of (12) BEDROOMS and (6) BATHROOMS. Each Tenant Pays Their Own Utilities. There are Six Gas Meters, Six Electric Meters, Six Heating Systems and Six Water Heaters. There is On-site Parking, a Full Sized Basement, Three Outdoor Decks, and Both Roofs Were Replaced Less Than Five Years ago. The Commercial Building has a TOTAL of (2) Commercial Units Currently Rented to a Mattress Store and a Tattoo Parlor with Separate Utilities, Two Heating Systems and Two Electric Meters and a Full Basement. All Rents are Currently Under Market Rates and have Potential for Increased Income. One Easily Rentable Residential Unit is Currently Vacant but Will Make for Quick Showings and Notice Will Be Needed for All Other Units. Conveniently Located on the Corner of 1380 Plainfield Street & 6 Clemence Street, a High Demand Rental Area and Just Steps Away To the Bus Stop, Shopping and Schools. Situated on the Cranston West/Johnston Line. This Beautiful Property is an Excellent Option for a 1031 Exchange, or Owner Financing is Available if Qualified, Looking For Serious Buyers Ready to Close. Refer to MLS #1375869 for More Info on All 8 Units and Documents.
MLS# 1376331

Courtesy Of Berkshire Hathaway Pinnacle

(401) 331-3948

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Carpet, Laminate
  • Lot Size
    0.14 Acres

Map and Directions

Directions to 1380 Plainfield Street, Cranston, RI 02920

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Monthly Payment Breakdown

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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