Welcome to this move-in ready, exceptional multi-family home nestled in a prime location. Boasting a coveted combination of convenience, & comfort this property presents a rare opportunity for buyers. The first floor unit, currently owner-occupied, provides a cozy retreat with ample space and personalized touches. On the second and lower levels, steady rental income flows in, making this property a lucrative investment opportunity. Laundry hook ups on all floors. With a maintenance-free brick exterior, this property is not only aesthetically pleasing but also requires minimal upkeep, allowing you to enjoy its beauty without the hassle of constant maintenance. Additionally, stunning stained glass windows in the entry foyer and ascending to the second floor add a touch of timeless elegance to the home. it is ideally situated near shopping centers, major highway systems, and the airport, making commuting and running errands a breeze. But what truly sets this property apart is its unique character and charm, evident in every detail from its exterior to its interior features. Buyers will appreciate the opportunity to secure this property swiftly. Please note that this sale is as is and subject to the seller finding suitable housing, ensuring a smooth transition for all parties involved. Schedule your showing today and discover why this multi-family home is a great property that seamlessly blends convenience, good looks and comfort.
Sold for $475,000
$475,000
531 Park Ave, Cranston, RI 02910
4beds
2,924sqft
Multi Family
Built in 1920
-- sqft lot
$607,200 Zestimate®
$162/sqft
$2,476 Estimated rent
Home value
$607,200
$565,000 - $650,000
$2,476/mo
Zestimate® history
Owner options
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$2,476/mo
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$2,448/mo
Est. payment
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$2,448/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Ronnie TOSONI 401-486-8123,
eXp Realty
Bought with:
The ALBA Group
Re/Max Innovations
Source: StateWide MLS RI,MLS#: 1356953
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Bath w Tub & Shower
Heating
- Natural Gas, Baseboard, Forced Water, Gas Connected
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater, Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
- Laundry: In Building, In Unit
Features
- Wall (Cermaic), Wall (Dry Wall), Wall (Plaster), Wall (Wood), Stairs, Plumbing (Mixed), Insulation (Unknown), Ceiling Fan(s)
- Flooring: Ceramic Tile, Vinyl
- Doors: Storm Door(s)
- Windows: Storm Window(s)
- Basement: Full,Walk-Out Access,Partially Finished,Bath/Stubbed,Bedroom(s),Kitchen,Laundry,Living Room
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,537
- Total interior livable area: 2,924 sqft
Property
Parking
- Total spaces: 6
- Parking features: No Garage, Driveway
- Has uncovered spaces: Yes
Features
- Stories: 3
- Patio & porch: Porch
Lot
- Size: 9,583 Square Feet
- Features: Sidewalks
Details
- Foundation area: 962
- Parcel number: CRANM32L1136U
- Zoning: B2
- Special conditions: Conventional/Market Value
- Other equipment: Cable TV
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Ceramic, Dry Wall, Plaster, Wood Wall(s), Brick
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers, Individual Meter
- Sewer: Public Connected
- Water: Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Near Public Transport, Commuter Bus, Highway Access, Interstate, Private School, Public School, Recreational Facilities, Schools, Near Shopping
- Subdivision: Park Avenue
HOA
- Has HOA: No
Location
- Region: Cranston
Financial & listing details
- Price per square foot: $162/sqft
- Tax assessed value: $429,500
- Annual tax amount: $5,408
- Date on market: 9/26/2024
- Total actual rent: 800
- Tenant pays: Hot Water, Heat
Price history
| Date | Event | Price |
|---|---|---|
| 8/30/2024 | Sold | $475,000-9.7%$162/sqft |
Source:  StateWide MLS RI #1356953 Report a problem | ||
| 7/6/2024 | Pending sale | $525,900$180/sqft |
Source: StateWide MLS RI #1356953 Report a problem | ||
| 6/25/2024 | Contingent | $525,900$180/sqft |
Source: StateWide MLS RI #1356953 Report a problem | ||
| 6/6/2024 | Listed for sale | $525,900$180/sqft |
Source: StateWide MLS RI #1356953 Report a problem | ||
| 9/26/2013 | Listing removed | $635 |
Source: Abbott Properties Report a problem | ||
| 8/7/2013 | Listed for rent | $635 |
Source: Abbott Properties Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,961 +10.2% | $429,500 +8.1% |
| 2024 | $5,409 +27.8% | $397,400 +77.5% |
| 2023 | $4,232 +2.1% | $223,900 |
| 2022 | $4,144 +2.8% | $223,900 |
| 2021 | $4,030 +0.8% | $223,900 +16.3% |
| 2020 | $3,998 | $192,500 |
| 2019 | $3,998 +2.4% | $192,500 |
| 2018 | $3,906 +20.1% | $192,500 +35.8% |
| 2017 | $3,253 +2.2% | $141,800 |
| 2016 | $3,183 | $141,800 |
| 2015 | $3,183 +16.9% | $141,800 +19% |
| 2014 | $2,723 | $119,200 |
| 2013 | $2,723 | $119,200 |
| 2012 | $2,723 -23.9% | $119,200 -32.5% |
| 2011 | $3,580 +3.6% | $176,700 |
| 2010 | $3,456 +2.3% | $176,700 |
| 2009 | $3,377 -13.1% | $176,700 -30.2% |
| 2008 | $3,884 | $253,200 |
| 2007 | $3,884 +5.2% | $253,200 |
| 2006 | $3,692 +20.6% | $253,200 +92.1% |
| 2004 | $3,062 +3.7% | $131,800 |
| 2003 | $2,952 | $131,800 |
Find assessor info on the county website
Neighborhood: 02910
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Nearby schools
GreatSchools rating
- 5/10Edward S. Rhodes SchoolGrades: K-5Distance: 1.3 mi
- 6/10Park View Middle SchoolGrades: 6-8Distance: 0.4 mi
- 3/10Cranston High School EastGrades: 9-12Distance: 0.9 mi
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Estimated market value
$607,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$607,200
- Rhode Island
- Providence County
- Cranston
- 02910
- 531 Park Ave
Nearby cities
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