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51 Marden St
Cranston, RI 02910
Multifamily Property For Sale
·
9 Units
PROPERTY FACTS
| No. Units | 9 | Lot Size | 0.24 AC |
| Property Type | Multifamily | Building Size | 4,798 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1948 |
| Building Class | C | Parking Ratio | 4.38/1,000 SF |
| Zoning | B2 | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 4,798 SF |
| No. Stories | 3 |
| Year Built | 1948 |
| Parking Ratio | 4.38/1,000 SF |
| Zoning | B2 |
ABOUT 51 MARDEN ST , CRANSTON, RI 02910
Once in a lifetime opportunity to purchase a nine unit rental income generator! Located on a quiet, dead end street in the Auburn area of Cranston, this all brick exterior apartment building is just waiting for a new owner. Each unit has one bedroom and one bathroom, with plenty of parking for all occupants and guests, and the property even has 5 garages for additional parking or storage. All rents are currently under market average, and with just a little updating, the potential to increase rents is unquestionable! Minutes from Rt. 95, the Warwick malls, everything Garden City has to offer, and close to all amenities for optimal convenience for your tenants. This property grosses just shy of $100,000 a year in rent and you can make your investment back in no time at all. Wow!
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 9 | - | - |
PROPERTY TAXES
| Parcel Number | CRAN-000003-000002-000992 | Improvements Assessment | $721,500 |
| Land Assessment | $135,000 | Total Assessment | $856,500 |
PROPERTY TAXES
