Great investment and money-making opportunity awaits in desirable Knightsville! This 3-family property is situated on a large corner lot and offers off-street parking for 8-10 vehicles. Each unit consists of 2 bedrooms, 1 full bathroom, a comfortably-sized living room, an eat-in kitchen, and two of the units feature a brick fireplace. Laundry hook-ups are available for all 3 units. Separate utilities include 3 individual gas meters, 3 100-amp electrical panels, 3 gas furnaces, and 3 hot water tanks. All utilities are paid for by the tenants. Uncover the potential for an additional 4th unit on the 3rd floor. A relaxing front porch, a nice yard with a shed, and a location in the Cranston school systems, close to shopping, restaurants & all conveniences make this one a must see.
Sold for $640,000
$640,000
1615 Cranston St, Cranston, RI 02920
6beds
2,526sqft
Multi Family
Built in 1795
-- sqft lot
$726,200 Zestimate®
$253/sqft
$2,102 Estimated rent
Home value
$726,200
$690,000 - $763,000
$2,102/mo
Zestimate® history
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$4,052/mo
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Zillow last checked:
Listing updated:
Listed by:
Michael Harrison 401-996-7153,
Williams & Stuart Real Estate
Bought with:
Steven Miller Group
Coldwell Banker Realty
Source: StateWide MLS RI,MLS#: 1363447
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Bath w Tub & Shower
Heating
- Natural Gas, Baseboard
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater, Oven/Range, Refrigerator
- Laundry: In Building
Features
- Stairs, Insulation (Unknown)
- Flooring: Laminate, Vinyl, Carpet
- Basement: Full,Walk-Out Access,Unfinished,Laundry,Storage Space
- Attic: Attic Storage
- Number of fireplaces: 2
- Fireplace features: Brick
Interior area
- Total structure area: 2,526
- Total interior livable area: 2,526 sqft
Property
Parking
- Total spaces: 8
- Parking features: No Garage
Features
- Stories: 3
- Patio & porch: Porch
Lot
- Size: 0.31 Acres
Details
- Parcel number: CRANM81L966U
- Zoning: B-1
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Shingles, Wood
- Foundation: Brick/Mortar, Concrete Perimeter
Condition
- New construction: No
- Year built: 1795
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Near Public Transport, Commuter Bus, Highway Access, Public School, Schools, Near Swimming
- Subdivision: Knightsville
HOA
- Has HOA: No
Location
- Region: Cranston
Financial & listing details
- Price per square foot: $253/sqft
- Tax assessed value: $498,000
- Annual tax amount: $5,232
- Date on market: 9/26/2024
- Total actual rent: 5700
- Tenant pays: Hot Water, Heat
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2024 | Sold | $640,000+3.4%$253/sqft |
Source:  StateWide MLS RI #1363447 Report a problem | ||
| 7/18/2024 | Pending sale | $619,000$245/sqft |
Source: StateWide MLS RI #1363447 Report a problem | ||
| 7/11/2024 | Listed for sale | $619,000+54.8%$245/sqft |
Source: StateWide MLS RI #1363447 Report a problem | ||
| 8/2/2022 | Sold | $400,000+0%$158/sqft |
Source: StateWide MLS RI #1291993 Report a problem | ||
| 10/15/2021 | Pending sale | $399,900$158/sqft |
Source: StateWide MLS RI #1291993 Report a problem | ||
| 8/26/2021 | Listed for sale | $399,900$158/sqft |
Source: StateWide MLS RI #1291993 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,912 +7.7% | $498,000 +5.6% |
| 2024 | $6,418 +22% | $471,600 +69.5% |
| 2023 | $5,260 +2.1% | $278,300 |
| 2022 | $5,151 +2.8% | $278,300 |
| 2021 | $5,009 +1% | $278,300 +16.6% |
| 2020 | $4,958 | $238,700 |
| 2019 | $4,958 +2.4% | $238,700 |
| 2018 | $4,843 +26.1% | $238,700 +42.5% |
| 2017 | $3,842 +2.2% | $167,500 |
| 2016 | $3,760 | $167,500 |
| 2015 | $3,760 +18.1% | $167,500 +20.2% |
| 2014 | $3,184 | $139,400 |
| 2013 | $3,184 | $139,400 |
| 2012 | $3,184 -20.6% | $139,400 -29.6% |
| 2011 | $4,009 +3.8% | $197,900 +0.2% |
| 2010 | $3,863 +2.4% | $197,500 |
| 2009 | $3,774 -16.5% | $197,500 -33% |
| 2008 | $4,519 | $294,600 |
| 2007 | $4,519 +5.6% | $294,600 +0.3% |
| 2006 | $4,281 +14.4% | $293,600 +82.2% |
| 2004 | $3,742 +3.7% | $161,100 |
| 2003 | $3,609 | $161,100 |
Find assessor info on the county website
Neighborhood: 02920
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Nearby schools
GreatSchools rating
- 3/10George J. Peters SchoolGrades: K-5Distance: 0.5 mi
- 5/10Western Hills Middle SchoolGrades: 6-8Distance: 1 mi
- 9/10Cranston High School WestGrades: 9-12Distance: 1.1 mi
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Estimated market value
$726,200
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$726,200
- Rhode Island
- Providence County
- Cranston
- 02920
- 1615 Cranston St
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