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    66 Clemence St Cranston, RI 02920

    For Sale
    $599,000

    Multi Family - Cranston, RI

    Type:Multi Family
    Property size:
    1,712 SF
    Lot size:
    0.24 Acres
    Days on Market:
    131
    Last Refresh:
    Dec 6 at 12:06 pm

    Property Features for 66 Clemence St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active
    Zoning
    B-1
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    2
    Parking
    10
    Patio and Porch features
    Patio, Porch
    Interior features
    Plumbing (mixed), Insulation (unknown)
    Exterior features
    Extra Lot, Paved Driveway, Sidewalks, Patio, Porch
    Appliances
    Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
    Size
    1,712 SF
    Lot size
    0.24 Acres

    Utilities

    Heating system
    Baseboard

    Building Details

    Year built
    1904
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Carpet, Hardwood, Laminate, Vinyl
    Building materials
    Aluminum Siding
    Architectural style
    Other

    RI Real Estate Services (401) 885-5400 [email protected]

    Listing agent Michael Russo (401) 885-5400

    Listing date Jul 29, 2025

    MLS# 1391260 Listing URL

    Copyright © 2025 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.

    Overview

    Cranston Multi-Family Investment Opportunity

    This offering presents a two-property investment opportunity in Cranston. The first property, located at 66 Clemence Street, features a well-maintained two-family home. Each unit has separate electric and gas utilities. The building has low-maintenance siding and ample parking. The first-floor unit is modern, featuring 2 bedrooms, 1 bathroom, a stainless steel kitchen, an updated bathroom, and a front porch. The second-floor unit also offers 2 bedrooms, 1 bathroom, bright rooms, and an upper balcony. The unfinished walkout lower level provides laundry facilities and ample storage. The second property, located at 0 Clemence Street, is a vacant lot situated to the right of 66 Clemence Street. This lot is suitable for the construction of a single-family home. All public utilities are in place, allowing for design and build with city approval. The lot size is 0.2444 acres. The zoning is B-1. The living area of the existing building is 1712 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cranston
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.479354
    Latitude
    41.79502

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    FAQs

    What type of property is this?
    Duplex - Two Cranston properties: a 2-family home and a vacant lot.
    Where is this duplex located?
    The property is located at 66 Clemence St Cranston, RI.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Two property investment opportunity: Includes a well-maintained 2-family home and a vacant lot ready for single-family construction.; - Separate utilities for each unit in the 2-family home (electric & gas).; - Vacant lot has all public utilities in place, simplifying the building process.
    (401) 885-5400
    Request Owner's contact information
    66 Clemence St Cranston, RI 02920
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    Cranston, RI 02920
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    66 Clemence St Cranston, RI 02920
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