130 Wheeler Avenue Cranston, RI 02905
Listing Courtesy of: RHODE ISLAND / Blackstone/Ocean Properties / Donnie Bennett

  130 Wheeler Avenue Cranston, RI 02905

Pending (52 Days)
$850,000
7
BED
5
BATH
3,524
SQFT

Description

OWNER-OCCUPY this nicely updated and fully fire-coded 4-Unit home in Cranston's Edgewood Neighborhood, on the edge of Roger Williams Park. This 1920 property is solid and has low tenant turnover with market rents in place to offset your mortgage requirements. Along with that you'll enjoy the benefit of either additional income or on-site storage with a 3-Car Garage in the rear with easy (in or out) access from the rear service roadway (for locals only). Recent updates include sanded floors, freshly painted interiors and an updated foundation, with one unit being completely gutted and renovated from top to bottom, from kitchen to electrical and more! Other updates in the last few years include newer hot water tanks, newer heating system & a recently painted exterior. Both 1st floor units can enjoy the benefit of the classic Farmers porch in the front, while both 2nd floor units will enjoy the large rear deck. Parking for up to 11 cars in front and back, with low grounds maintenance make this an advantageous property, compared to other multi-family homes in the area. MUST SEE! Just minutes from Providence, Pawtuxet Village, or Warwick! You'll have easy access to 95 with a short drive to all local dining, shopping, schools or all of the countless amenities that historically make Edgewood an amazing place to call HOME!!! NOTE: All but one of the Tenants are Month to Month. Total rental income is now $88,800 yearly. Heat is included in rent. Highest & Best due by 5PM Wed, 2/12/25.

MLS #:
1377716
Taxes
$11,977(2024)
Lot Size
0.25 acres
Type
Multifamily
Year Built
1920
County
Providence County
Community
Edgewood

Listed By

Donnie Bennett, Blackstone/Ocean Properties
Source
RHODE ISLAND
Last checked Apr 1 2025 at 11:53 AM UTC
Bathroom Details
  • Full Bathrooms: 5
Interior Features
  • Stairs
  • Cathedral Ceilings
  • Plumbing: Mixed
  • Dishwasher
  • Dryer
  • Oven/Range
  • Refrigerator
  • Washer
  • Insulation: Unknown
  • Walls: Dry Wall
  • Laundry: In Building
  • Plaster
  • Laundry: Common Area
Subdivision
  • Edgewood
Lot Information
  • Paved Driveway
Property Features
  • Fireplace: None
  • Fireplace: 0
  • Foundation: Mixed
Heating and Cooling
  • Baseboard
  • Steam
  • Forced Air
  • Natural Gas
  • None
Basement Information
  • Full
  • Partially Finished
  • Interior and Exterior
  • Laundry
  • Common
Flooring
  • Hardwood
  • Laminate
  • Ceramic Tile
  • Carpet
Utility Information
  • Sewer: Connected, Public, Public Sewer
Garage
  • Garage
Parking
  • Detached
  • Total: 14
Stories
  • 3
Location
   
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$4,354 /mo.

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
($170,000)
Interest rate
%
Mortgage calculator estimates are provided by Williams and Stuart Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. © 2025 State-Wide Multiple Listing Service. All rights reserved. 4/1/25 04:53
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Sally Hersey

REALTOR

RES.0032723

Direct: (401) 440-7030

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