Side-by-Side Ranch
For Sale
$639,000
55 Vinton Ave, Cranston, RI 02920
Two separate residences offer private outdoor space, paved parking, and shared basement storage on a landscaped corner lot.
Property Size3,778 SF
Price / SF$169.14
Days on Market57
Property Features for 55 Vinton Ave
General Information
Standard status
Active
Size
3,778 SF
Property subtype
Residential Income
Units
Unit Mix
2BR/1.5BA, 2BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$6,034
Amenities
private decks
off-street parking
unfinished basement
fireplace
Building Details
Buildings
1
Construction
ranch-style
Listing Agency:
Keller Williams Coastal
(401) 845-9200
Listed By:
Jeff St. Germain
(401) 226-2148
Source:
Exprealty
Added: Aug 25
Changed: Oct 14
Last Checked: Oct 19 at 7:26AM
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 Keller Williams Coastal
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This side-by-side duplex includes two ranch-style residences with distinct layouts. The larger unit has two bedrooms, one-and-a-half baths, a living room with a fireplace, and a private deck. The second residence provides two bedrooms, one full bath, and its own deck. Both units have access to a full unfinished basement that provides storage space and room for future expansion. Paved off-street parking serves the property, which is set on a landscaped corner lot.
The property is located in Cranston’s Meshanticut neighborhood, near shopping, grocery stores, restaurants, and highway access. A new roof and new decks were completed in 2022. The configuration supports both owner-occupancy and investor ownership, as stated in the property information.
The property is located in Cranston’s Meshanticut neighborhood, near shopping, grocery stores, restaurants, and highway access. A new roof and new decks were completed in 2022. The configuration supports both owner-occupancy and investor ownership, as stated in the property information.
Key Highlights
- Side‑by‑side duplex with two ranch‑style residences
- Larger unit has 2 bedrooms, 1.5 baths, fireplace, and private deck
- Second unit includes 2 bedrooms, 1 full bath, and a private deck
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,924
Cap Rate
7.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$998,480
$998.5K
Cap Rate 7%
$713,200
$713.2K
Cap Rate 9%
$554,711
$554.7K
Market Conditions
NOI Build-Up for 3,778 SF
Gross rent
$96.6K $25.56/SF
− Vacancy
−$5.8K −$1.53/SF
EGI
$90.8K $24.03/SF
− OpEx
−$40.8K −$10.81/SF
NOI
$49.9K $13.21/SF
Area
Providence County, RI
Vacancy
6.00%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$998,480
Cap Rate 7%
$713,200
Cap Rate 9%
$554,711
Alternative Uses
Best Use
Multifamily LT 5
$898.7K
$786.3K – $1.05M
NOI $62,906 @ 7.0% cap · market cap 9.84%
Second Best
Apartment 5plus
$713.2K
$624.1K – $832.1K
NOI $49,924 @ 7.0% cap · market cap 7.81%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
321
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer private outdoor space, paved parking, and shared basement storage on a landscaped corner lot.
Where is this duplex located?
The property is located at 55 Vinton Ave 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: Side‑by‑side duplex with two ranch‑style residences; Larger unit has 2 bedrooms, 1.5 baths, fireplace, and private deck; Second unit includes 2 bedrooms, 1 full bath, and a private deck
