58 Perkins Avenue, Cranston, RI 02910
MULTI_FAMILY - Cranston, RI
- Added:
- Jun 11, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 12 at 12:06 am
Property Features for 58 Perkins Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bathroom 2, Bedroom 1, Basement, Bedroom 2, Bathroom 1, Bedroom 3
- Parking
- 7
- Interior features
- Wall (Dry Wall), Wall (Paneled), Wall (Plaster), Stairs, Plumbing (Mixed), Insulation (Unknown)
- Basement
- Full, Unfinished
- Appliances
- Gas Water Heater, Oven/Range, Refrigerator
- Standard status
- Active
- Size
- 2,466 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4338
Utilities
- Heating system
- Natural Gas, Baseboard
Building Details
- Year built
- 1947
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl, Hardwood, Tile - Ceramic
- Building materials
- Dry Wall, Paneled, Plaster, Aluminum Siding
Listing agent Lisa Bernardeau (401) 333-4900
Listing office Keller Williams Leading Edge 28 Thurber Boulevard, Lincoln, RI (401) 333-4900
Listing date Jun 11, 2026
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two‑family home built in 1947 with 2 bedrooms and 1 full bathroom in each unit
- Both units include a living room and a kitchen layout
- Vacant delivery—ready for an owner‑occupant or to set market rents
- Heating: natural gas with baseboard systems
- Flooring includes vinyl, hardwood, and ceramic tile
- Includes a garage, a spacious yard, and an additional lot
Overview
The property is located in Cranston, Rhode Island, at 58 Perkins Avenue. It sits on a lot listed at 0.11 acres and is positioned for convenience, with access to major highways and nearby shopping, dining, entertainment, and schools.
With both units delivered vacant, the property can suit an owner-occupant looking to live in one unit while renting the other, or an investor seeking a straightforward start. The two-unit configuration and included outdoor amenities support a variety of residential income and owner-use scenarios.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.7k | $25.44 |
| − Vacancy | −$4.1k | −$1.65 |
| EGI | $58.7k | $23.79 |
| − OpEx | −$17.6k | −$7.14 |
| NOI | $41.1k | $16.65 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cranston
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.417904
- Latitude
- 41.765183
