105 eldridge Street Cranston, RI 02910
MULTI_FAMILY - Cranston, RI
- Added:
- Jul 13, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 14 at 12:06 pm
Property Features for 105 eldridge Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 2, Basement, Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 4
- Parking
- 8
- Interior features
- Wall (Dry Wall)
- Basement
- Unfinished, Full
- Appliances
- Gas Water Heater, Dishwasher, Dryer, Oven/Range, Refrigerator, Washer
- Standard status
- Active
- Size
- 2,432 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 6436
Utilities
- Heating system
- Natural Gas, Baseboard
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1928
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood, Tile - Ceramic
- Building materials
- Dry Wall, Vinyl Siding
Listing agent Nicola Francis (401) 354-7092
Listing office Lenox Realty Group 380 Broadway, East Providence, RI (401) 572-3322
Listing date Jul 13, 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.
Investment Insights
Based on property information with market context.
Located in Cranston, the property is set on a quiet side street within walking distance to shops and restaurants in Cranston East.
The property is described as meticulously maintained, with a roof that is approximately three years old and siding approximately five years old. Each unit is stated to be fully up to date and lead certified.
Key Highlights
- Oversized 2‑unit multi‑family home built in 1928, offered with lead‑certified units
- Each unit features an eat‑in kitchen with granite countertops plus private in‑unit laundry
- Includes double‑car garage and 6 additional dedicated parking spots
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 | $61.9k | $25.44 |
| − Vacancy | −$4.0k | −$1.65 |
| EGI | $57.8k | $23.79 |
| − OpEx | −$17.4k | −$7.14 |
| NOI | $40.5k | $16.65 |
