16 Colony Street
16 Colony Street photo 2
16 Colony Street photo 3
16 Colony Street photo 4
16 Colony Street photo 5
16 Colony Street photo 6
16 Colony Street photo 7
16 Colony Street photo 8
16 Colony Street photo 9
16 Colony Street photo 10
16 Colony Street photo 11
16 Colony Street photo 12
16 Colony Street photo 13
16 Colony Street photo 14
16 Colony Street photo 15
16 Colony Street photo 16
16 Colony Street photo 17
16 Colony Street photo 18
16 Colony Street photo 19
16 Colony Street photo 20
16 Colony Street photo 21
16 Colony Street photo 22
16 Colony Street photo 23
16 Colony Street photo 24
16 Colony Street photo 25
16 Colony Street photo 26
16 Colony Street photo 27
16 Colony Street photo 28
16 Colony Street photo 29
16 Colony Street photo 30
16 Colony Street photo 31
16 Colony Street photo 32
16 Colony Street photo 33
16 Colony Street photo 34
34 photos

$825,000

16 Colony Street
Cranston, RI 02920
Listed by Rimac Group
Bedrooms
6
Bathrooms
2
Living area
N/A
Year built
1924

About this home

Exceptional Two-Family Investment Opportunity with Two Additional Lots! Don't miss this rare opportunity to own a well-maintained two-family home being sold with two additional lots. Each unit features 3 bedrooms and 1 full bathroom, with functional floor plans, spacious living areas, and abundant natural light. Recent updates include fresh interior paint, new carpeting in select areas, and new oil tanks installed in 2025, providing added value and peace of mind. A charming front porch offers the perfect place to relax, while a large storage shed with a roll-up door and concrete floor provides excellent space for equipment, tools, or additional storage. Conveniently located near shopping, restaurants, schools, parks, public transportation, and major commuter routes, this property combines comfort, convenience, and long-term potential. The sale includes two additional lots. Buyers and buyers' agents must conduct their own due diligence regarding lot size, boundaries, zoning, buildability, permitted uses, utilities, and any other matters relating to the additional parcels. The seller makes no representations or warranties regarding the development potential or permitted uses of the lots. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this property presents a unique opportunity with added land value. Schedule your private showing today!

Property details

MLS #
1419430
Property type
Multi Family
Subdivision
Western Cranston
Status
Active
Days on market
15
On market date
August 3, 2026
Stories
2
Garage spaces
N/A
Lot size
0.2755 acres
Loading map…

Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Stone Hill School
0.37 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
268
Student:teacher ratio
14.9:1
District
Cranston
Middle
Western Hills Middle School
1.27 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
703
Student:teacher ratio
12.8:1
District
Cranston
High
Cranston High School West
1.5 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
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
% / yr
$
/mo
Est. monthly payment
$5,118/mo
$165,000 down
$660,000 loan
Principal & interest$4,281
Property tax (est.)$688
Home insurance (est.)$150

Similar homes you might like

Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 2 days ago.

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.