Welcome to 189 Smith Street, Cranston - a prime investment opportunity! This well-maintained property boasts a total of 4 units, strategically divided into 2 commercial spaces and 2 residential units, providing a diverse income stream. Additionally, a 2-car garage is included, further enhancing your potential for additional rental income. All units, with the exception of one commercial, are currently rented, offering immediate returns on your investment. The residential units feature elegant hardwood flooring, adding a touch of sophistication and easy maintenance. This property presents a unique opportunity for savvy investors to increase rental rates and bring the income closer to market value. The prime location of 189 Smith Street ensures a high demand for both commercial and residential spaces, making it an ideal investment for those seeking a reliable and lucrative real estate opportunity. Don't miss your chance to own a well-diversified income property in the heart of Cranston. Schedule a viewing today and explore the potential that this meticulously maintained building has to offer.
Property Details
Property Features
Property Information:
Year Built: 1930
Listing Office:
Office Name: Century 21 The Seyboth Team
Office Phone: (401) 415-8527
Interior Features
Interior Information:
Appliances: Gas Water Heater
Basement: Yes
Flooring Type: Ceramic Tile, Hardwood, Laminate
Fireplace: None
Bedroom and Bathroom Information:
Partial Bathrooms: 2
Full Bathrooms: 2
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Waterfront: Waterfront
Exterior: Paved Driveway
Parking Information:
Parking: No Garage
Lot Features
Lot Information:
Lot Size: 0.08 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Cooling: Single Unit
School Info
Assigned Schools Information:
Cranston High School East, Public District Grades 9-12
Park View Middle School, Public District Grades 7-8
Edgewood Highland, Public District Grades KG-6
Price Information
Listing Price Info
Price Summary:
List Price: $599,000
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Housing Market Comparison
See how this home compares to others in Cranston, RI.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Edgewood Highland
160 Pawtuxet Ave
Distance between this listing and this school0.28 miles
Public District Grades KG-6
Middle School
6
/10
Park View Middle School
25 Park View Blvd
Distance between this listing and this school1.42 miles
Public District Grades 7-8
High School
3
/10
Cranston High School East
899 Park Ave
Distance between this listing and this school2.23 miles
Public District Grades 9-12
Assigned Schools
4
/10
Edgewood Highland
160 Pawtuxet Ave
Distance between this listing and this school0.28 miles
Public District Grades KG-6
Nearby Schools
3
/10
Alan Shawn Feinstein Elementary School
1450 Broad St
Distance between this listing and this school0.46 miles
Public District Grades KG-5
7
/10
Edward S. Rhodes School
160 Shaw Ave
Distance between this listing and this school0.71 miles
Public District Grades KG-6
Assigned Schools
6
/10
Park View Middle School
25 Park View Blvd
Distance between this listing and this school1.42 miles
Public District Grades 7-8
Nearby Schools
2
/10
Highlander Charter
42 Lexington Ave
Distance between this listing and this school1.55 miles
Public Charter Grades PK-9
3
/10
Edward Martin Middle School
111 Brown St
Distance between this listing and this school2.13 miles
Public District Grades 6-8
Assigned Schools
3
/10
Cranston High School East
899 Park Ave
Distance between this listing and this school2.23 miles
Public District Grades 9-12
Nearby Schools
3
/10
W B Cooley & Academy Internationa
182 Thurbers Ave
Distance between this listing and this school1.16 miles
Public District Grades 9-12
4
/10
Metropolitan Career Tech Center
325 Public St
Distance between this listing and this school1.71 miles
The neighbors living near this home have an average income of $45,102. The most common annual income of people living in Cranston, RI is between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
This home is located at 189 Smith St in Cranston, RI and zip code 02905. This home, which was built in 1930, sits on a 0.08 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 01, 2024 and is currently priced at $599,000.
In April 2024 more than 41 listings in Cranston, RI were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 17 were sold below. The number of homes for sale in Cranston, RI increased by 17% between March 2024 and April 2024. In April 2024, listings were on the market for 29 days. During the same period, the median list price in this real estate market was $409,416.
From Rocket Homes Real Estate and based on county public records data.