1380 Plainfield Street Cranston, RI 02920

Multi-Family (2-4 Units) MLS #: 1376331 Courtesy Of Berkshire Hathaway Pinnacle

$1,300,000

8 beds | 4 baths | 6,780 sq ft
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Est. Property Tax: $8,835
Estimated monthly payments: $6,419/mo.* (recalculate)

Property InformationDescription

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.

Features

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

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1380 Plainfield Street, Cranston, RI 02920
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School Information

1380 Plainfield Street, Cranston, RI 02920

Elementary School
Grades KG-5 | Public School
GEORGE J. PETERS ELEMENTARY SCHOOL
Cranston, RI 02920
15 Mayberry St
401.­270.8199
Distance: 1.1 mi
School Rating
D+
Student:Teacher Ratio
16:1
Total Students
294
Middle School
Grades 6-8 | Public School
WESTERN HILLS MIDDLE SCHOOL
Cranston, RI 02920
400 Phenix Ave
401.­270.8030
Distance: 1.5 mi
School Rating
B
Student:Teacher Ratio
12:1
Total Students
739
High School
Grades 9-12 | Public School
CRANSTON HIGH SCHOOL WEST
Cranston, RI 02920
80 Metropolitan Ave
401.­270.8049
Distance: 1.7 mi
School Rating
B-
Student:Teacher Ratio
16:1
Total Students
1629
Other Nearby Schools Distance Type Grades School Rating
St Rocco School 0.1 mi Private PK-8
Thornton School 0.2 mi Public 1-5 C-
Stone Hill Elementary School 0.6 mi Public PK-5 B+
St Mary Elementary School 1.0 mi Private PK-8
Arlington Elementary School 1.4 mi Public PK-5 D+
Winsor Hill School 1.5 mi Public 1-5 B+
Gladstone At Barrows Elementary School 1.6 mi Public PK-5 D-
Hugh B. Bain Middle School 1.7 mi Public 6-8 D-
Anthony Carnevale Elementary School 1.7 mi Public PK-5 C-
Cranston Career & Tech Center 1.7 mi Public 10-12
Governor Christopher Delsesto 1.8 mi Public 6-8 D-
Frank D. Spaziano Annex 1.8 mi Public KG-1
Stadium Elementary School 1.8 mi Public KG-5 B+
Miss Lee Anns Early Learning Center 1.9 mi Private PK-KG
Frank D. Spaziano Elementary School 1.9 mi Public 2-5 D
Webster Avenue School 1.9 mi Public KG-5 D
Af Providence Mayoral Middle School 2.0 mi Public 5-8 C+
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.

Demographic Data

Cranston, RI 02920

Median Age: 42.2
Married: 41%
Number of Households: 14,732
Households with Children: 25.1%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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