Two-Family Home with 3-Car
For Sale
$639,000
255 Farmington Avenue, Cranston, RI 02920
Well-maintained duplex with a rentable second unit, full basement for the first floor, and an additional lot.
Property SizeContact for details
Days on Market75
Property Features for 255 Farmington Avenue
General Information
Standard status
Active
Property subtype
Multi-family
Occupancy
50%
Additional Details
Multifamily Units
2
Building Details
Year Built
1920
Listing Agency:
RI Real Estate Services
(401) 885-5400
Listed By:
Michael Russo · License #REB.0017244
Source:
Milburyre
Added: Jun 16
Changed: Aug 28
Last Checked: Aug 29 at 10:49AM
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 RI Real Estate Services
Investment Insights
Based on property information with market context.
This well-maintained two-family home includes a first-floor unit in excellent condition with high ceilings, natural light, hardwood floors, and stainless appliances. The first floor also has use of the full basement, which provides laundry and storage. The second-floor unit is currently vacant and in great shape, with plenty of natural light, hardwood floors, and a functional kitchen and bath, plus a private second-floor balcony for outdoor space.
The property is offered with an additional lot and a 3-car garage, along with a low-maintenance exterior and ample parking. Separate utilities and natural gas are noted, supporting independent service arrangements for the two units.
For tenants or owner-occupants seeking flexibility, the current layout supports living on one level while renting the other. The inclusion of the additional lot and 3-car garage also creates practical options for future reconfiguration, such as expanding on the existing footprint or adapting the garage for an alternative living arrangement, subject to applicable requirements. With separate utilities and a second unit already ready to rent, the property is positioned for straightforward occupancy planning.
The property is offered with an additional lot and a 3-car garage, along with a low-maintenance exterior and ample parking. Separate utilities and natural gas are noted, supporting independent service arrangements for the two units.
For tenants or owner-occupants seeking flexibility, the current layout supports living on one level while renting the other. The inclusion of the additional lot and 3-car garage also creates practical options for future reconfiguration, such as expanding on the existing footprint or adapting the garage for an alternative living arrangement, subject to applicable requirements. With separate utilities and a second unit already ready to rent, the property is positioned for straightforward occupancy planning.
Key Highlights
- Well‑maintained 2‑family home built in 1920 with a rentable second‑floor unit and an additional lot.
- First‑floor unit features high ceilings, natural light, hardwood floors, and stainless appliances, with access to the full basement for laundry and storage.
- Vacant second‑floor unit is ready to rent, with hardwood floors, functional kitchen/bath, and a 2nd‑floor balcony.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
50%
Occupancy
Location Intelligence
Trade Area within ½ mile
713
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex with a rentable second unit, full basement for the first floor, and an additional lot.
Where is this duplex located?
The property is located at 255 Farmington Avenue Cranston, RI.
What is the asking price?
The asking price for this property is $639,000.
What are key features of this property?
This property features: Well‑maintained 2‑family home built in 1920 with a rentable second‑floor unit and an additional lot.; First‑floor unit features high ceilings, natural light, hardwood floors, and stainless appliances, with access to the full basement for laundry and storage.; Vacant second‑floor unit is ready to rent, with hardwood floors, functional kitchen/bath, and a 2nd‑floor balcony.
