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Renovated Triplex with Rooftop Deck
New
For Sale
$724,900

1340 Cranston Street, Cranston, RI 02920

Updated units, separate utilities, and an available first-floor residence provide flexible occupancy options.

Property SizeContact for details
Days on Market7

Property Features for 1340 Cranston Street

General Information

Standard status Active
Property subtype Multi-family

Additional Details

Utilities to Site Yes
Multifamily Units 3

Building Details

Year Built 1930
Listing Agency: Amaral & Associaties RE,Inc.
Listed By: Brandan Burke · License #451503890
Source: Milburyre
Added: Sep 8 Changed: Sep 13 Last Checked: Sep 13 at 9:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Amaral & Associaties RE,Inc.

Investment Insights

Based on property information with market context.

Built in 1930, this triplex includes a recently renovated and vacant first-floor unit with a spacious kitchen, extensive cabinet storage, generously sized bedrooms, and two full bathrooms. The available residence may be occupied by the owner or leased separately.

A second unit has a cottage-style layout with a dining room, two full bathrooms, and a rooftop deck. The side unit has also been renovated. Gas and electric utilities are separately metered for each unit. The property is located a short drive from Downtown Providence and offers three-family residential income accommodation with one unit currently available.

Key Highlights

  • Three‑family property with a vacant first‑floor unit
  • Recently renovated first‑floor residence with two full bathrooms
  • Cottage‑style unit includes dining room and rooftop deck

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Computer & Electronic Repair Locksmith Tech Support Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

949
Businesses Nearby

Demographics for 02920, RI

37,791
Population
15,052
Households
2.5
Avg Household Size
43
Median Age
32%
College-Educated
88%
High-School Grad
8.9 sq mi
ZIP Area
4,246
Density / Sq Mi
$79,246
Median Household Income
$51,811
Median Earnings
$1,271
Median Rent
$336,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Updated units, separate utilities, and an available first-floor residence provide flexible occupancy options.
Where is this triplex located?
The property is located at 1340 Cranston Street Cranston, RI.
What is the asking price?
The asking price for this property is $724,900.
What are key features of this property?
This property features: Three‑family property with a vacant first‑floor unit; Recently renovated first‑floor residence with two full bathrooms; Cottage‑style unit includes dining room and rooftop deck
More about this property
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