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$450,000

2 Gansett Avenue
Cranston, RI 02920
Listed by Ronald Deleon
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1920

About this home

Exceptional visibility at a prominent four-corner intersection highlights this well-maintained three-unit mixed-use building. The first floor features an attractive, updated commercial storefront with gas-forced hot-air heat—ideal for a variety of business uses. The second and third floors each offer, two-bedroom apartment and fully applianced. Rented units are on a month-to-month basis and feature gas baseboard heating, gas hot water, and separate utilities. An updated, hardwired, fire-code–compliant alarm system is already in place. This property presents an outstanding opportunity for investors or owner-occupants seeking strong visibility and reliable rental income. Will qualify for FHA financing and conventional loan.

Property details

MLS #
1415214
Property type
Apartment,Commercial
Subdivision
Cranston St
Status
Active
Days on market
15
On market date
N/A
Stories
3
Garage spaces
N/A
Lot size
0.0334 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Stadium School
0.28 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
238
Student:teacher ratio
12.5:1
District
Cranston
Middle
Hugh B. Bain Middle School
0.31 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
574
Student:teacher ratio
12.5:1
District
Cranston
High
Cranston High School East
1.03 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,540
Student:teacher ratio
12.4:1
District
Cranston

Mortgage calculator

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Est. monthly payment
$2,860/mo
$90,000 down
$360,000 loan
Principal & interest$2,335
Property tax (est.)$375
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated June 26, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.