1380 Plainfield Street Cranston, RI 02920
Listing Courtesy of: RHODE ISLAND / BHHS Pinnacle Realty / Rhonda Sasa

  1380 Plainfield Street Cranston, RI 02920

Active (7 Days)
$1,300,000
12
BED
8
BATH
6,780
SQFT

Description

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
Taxes
$8,836(2024)
Lot Size
6,098 SQFT
Type
Multifamily
Year Built
1912
County
Providence County

Listed By

Rhonda Sasa, BHHS Pinnacle Realty
Source
RHODE ISLAND
Last checked Jan 23 2025 at 8:51 PM EST
Bathroom Details
  • Full Bathrooms: 6
  • Half Bathrooms: 2
Interior Features
  • Laundry: In Building
  • Insulation: Unknown
  • Plumbing: Mixed
Lot Information
  • Sidewalks
Property Features
  • Fireplace: None
  • Fireplace: 0
  • Foundation: Mixed
Heating and Cooling
  • Gas Connected
  • Natural Gas
  • None
Basement Information
  • Unfinished
  • Interior Only
  • Full
Flooring
  • Carpet
  • Laminate
Utility Information
  • Sewer: Connected
Parking
  • Total: 6
  • No Garage
Stories
  • 3
Location
   
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Estimated Monthly Mortgage Payment

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Disclaimer: IDX information is provided exclusively for consumers’ 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 is not guaranteed. © 2025 State-Wide Multiple Listing Service. All rights reserved. 1/23/25 12:51