$599,000
About this home
Welcome to 189 Smith Street, Cranston - a prime investment opportunity! This well-maintained property boasts a total of 4 units, strategically divided into 2 commercial spaces and 2 residential units, providing a diverse income stream. Additionally, a 2-car garage is included, further enhancing your potential for additional rental income. All units, with the exception of one commercial space, are currently rented, offering immediate returns on your investment. The residential units feature elegant hardwood flooring, adding a touch of sophistication and easy maintenance. This property presents a unique opportunity for savvy investors to increase rental rates and bring the income closer to market value. The prime location of 189 Smith Street ensures a high demand for both commercial and residential spaces, making it an ideal investment for those seeking a reliable and lucrative real estate opportunity. Don't miss your chance to own a well-diversified income property in the heart of Cranston. Schedule a viewing today and explore the potential that this meticulously maintained building has to offer.
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.
- Real estate (PITI + HOA + PMI)
- $5,559
- Utilities
- $2,624
- Transportation
- $166
- Other (entertainment)
- $140
Quick facts
Home features
Lot features
Urban
Neighborhood — 02905
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 27,320 | 1,095,423 | 299,088,112 |
| Population Change Since1990 | 7.00% | 9.00% | 20.00% |
| Population Density | 7,181 | 994 | — |
| Male | 13,082 | 529,266 | 147,432,321 |
| Female | 14,238 | 566,157 | 151,655,844 |
| Never Married | 8,837 | 266,404 | 63,775,926 |
| Married | 7,297 | 435,678 | 123,120,365 |
| Separated | 1,317 | 43,642 | 12,639,686 |
| Widowed | 1,313 | 66,668 | 15,467,586 |
| Divorced | 2,141 | 83,843 | 23,075,029 |
| Number Of House Hold | 9,130 | 410,399 | 111,826,380 |
| Average House Hold Size | 2.82 | 2.56 | 2.60 |
| Medial Age | 29.63 | 37.27 | 35.46 |
| Median House Hold Income | $37,328 | $47,553 | $48,276 |
| Average House Hold Income | $53,328 | $61,609 | $63,629 |
| P C I | $19,090 | $23,965 | $24,529 |
| M D I | $32,918 | $40,634 | $41,133 |
| A T H E | $45,327 | $49,940 | $50,898 |
| S T R | 7.00% | 7.00% | — |
| W C J | 79.47% | 78.02% | 77.74% |
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
Open in Google Maps →Listing information last refreshed 5/1/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.