1340 Cranston Street, Cranston, RI 02920

Property Description

Excellent opportunity to own a versatile three-family property featuring a recently renovated and 2 vacant first-floor units as of 10/13/26. Unit 1 offers a spacious kitchen with tons of cabinet space, generously sized bedrooms, and two full bathrooms, providing the next owner with the flexibility to occupy the unit or lease it at their discretion. The occupied unit features a unique cottage-style setup with a dining room, two full bathrooms, and a rooftop deck for additional outdoor space. Unit 2 has also been recently renovated, adding to the property's appeal. The parking lot is also partially rented to the pub next door, offering additional rental income! The units feature separate gas and electric utilities, with additional income potential from the vacant unit and room for future rental growth. Conveniently located just a short drive from Downtown Providence, this property offers a compelling combination of immediate income, vacancy, updated units, and long-term potential for an owner-occupant or investor.