Corner-Lot Multifamily
For Sale
Contact for pricing
543 Laurel Hill Avenue, Cranston, RI 02920
Corner-lot property with upgraded units, tenant parking, two garages, and covered outdoor space.
Property SizeContact for details
Days on Market143
Property Features for 543 Laurel Hill Avenue
General Information
Standard status
Active
Property subtype
Land
Financials
Cap Rate
7.7%
Gross Income
$84,600
Amenities
wrap-around porch
covered patio
garages
Listing Agency:
New England Apartment Group
(508) 330-0325
Listed By:
John Slyman
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 4:24AM
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 New England Apartment Group
Investment Insights
Based on property information with market context.
This multifamily property occupies a corner lot in a single-family neighborhood in Cranston, Rhode Island. Several units have received interior improvements, and the property includes off-street tenant parking, two garages, a wrap-around porch, and a covered patio.
The asset is located at 543 Laurel Hill Avenue and is offered with a reported 7.7% cap rate. Pro forma metrics include a 10% cap rate and 16% cash-on-cash return. The property also has documented current and pro forma income figures, with financials available upon request.
The asset is located at 543 Laurel Hill Avenue and is offered with a reported 7.7% cap rate. Pro forma metrics include a 10% cap rate and 16% cash-on-cash return. The property also has documented current and pro forma income figures, with financials available upon request.
Key Highlights
- Multifamily property on a corner lot in Cranston, RI
- 7.7% cap rate
- Pro forma metrics include a 10% cap and 16% cash‑on‑cash return
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
715
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Multifamily property - Corner-lot property with upgraded units, tenant parking, two garages, and covered outdoor space.
Where is this multifamily property located?
The property is located at 543 Laurel Hill Avenue Cranston, RI.
What are key features of this property?
This property features: Multifamily property on a corner lot in Cranston, RI; 7.7% cap rate; Pro forma metrics include a 10% cap and 16% cash‑on‑cash return
