$899,000
About this home
Exceptional Investment or Owner-Occupied Opportunity! Situated in a highly visible, high-traffic location, this turnkey development offers tremendous potential for residential or mixed-use applications. Comprised of two commercially zoned C-2 lots, the property presents a rare opportunity for investors, developers, or owner-occupants seeking flexibility and strong future value. Current approved plans feature three residential units, including a spacious first-floor apartment with two bedrooms and one full bath, complemented by two efficient one-bedroom units on the second floor. Having undergone a comprehensive redevelopment, the project offers the appeal and efficiency of effectively new construction, minimizing future maintenance concerns while maximizing rental income potential. With excellent exposure, versatile zoning, and a nearly completed redevelopment, this is a unique opportunity to capitalize on a property that is positioned for immediate occupancy or investment success. Don’t miss the chance to add this income-producing asset to your portfolio. Seller/developer also willing to entertain offers "as is" condition.
Highlights
Property details
- MLS #
- 1414237
- Property type
- Multi Family
- Subdivision
- Thorton
- Status
- Active
- Days on market
- 10
- On market date
- N/A
- Stories
- 2
- Garage spaces
- N/A
- Lot size
- 0.1469 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 327
- Student:teacher ratio
- 10.5:1
- District
- Johnston
- Enrollment
- 703
- Student:teacher ratio
- 12.8:1
- District
- Cranston
- Enrollment
- 1,684
- Student:teacher ratio
- 16.0:1
- District
- Cranston
Mortgage calculator
Estimate only - actual rate and payment depend on your lender, credit, and loan program.
Adjust tax / insurance estimates
Similar homes you might like
Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated June 13, 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.