• SOLD

41 Washington Avenue

Cranston, RI 02920

  • $605,000 Sold on 06/05/2026
  • 8 Beds
  • 4 Baths
  • 5,025 Sqft
  • 0.13 Acres
  • 1920 Built

4-family in Cranston offering a strong value-add opportunity for investors or experienced buyers. The property features a desirable unit mix with two 1-bedroom units on the first floor, a spacious 3-bedroom unit on the second floor, and a 2-bedroom unit on the third floor. Recent improvements include remodeled kitchens in Units 1R and 2F, newer vinyl siding, replacement windows, and upgraded mechanicals. Interior conditions vary, with select units recently updated while others offer additional upside through cosmetic improvements and rent optimization. Ideal opportunity for investors seeking cash flow, forced appreciation, or long-term portfolio growth in a strong Cranston rental market. Property offers multiple income streams with clear value-add potential. Property is being sold as-is. Seller will not perform repairs or upgrades beyond any basic safety items deemed necessary for closing. Sale is subject to seller obtaining suitable housing. Seller may also consider a short-term rent-back period after closing if mutually agreeable. Conservative Estimates for Market Rents: 1F Rear Studio $1,550 | 1F Front 1BR $1,750 | 2F 3BR $2,150 | 3F 3BR $2,050 Estimated Gross Annual Income Potential: $90,000.00

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Property Highlights
  • SUBDIVISION : Arlington
  • PRICE/SQFT : $121
  • DAYS ON MARKET : 9
  • MLS : 1412357

Additional Information

ADDITIONAL INFORMATION
  • BASEMENT DESCRIPTION: Full, Interior Entry, Unfinished
  • DAYS ON MARKET: 9
  • ELECTRICAL FEATURES: Circuit Breakers, 100 Amp Service
  • LIVING AREA SQFT: 5025
  • ON MARKET DATE: 2026-05-13
  • PARKING: Paved, No Garage
  • PARKING SPACES: 4
  • SEWER: Public Sewer
  • STYLE: Stacked
  • SUBDIVISION: Arlington
  • TAX AMOUNT: $5,442
  • TAX YEAR: 2026
  • TYPE: Residential Income
  • UNIT COUNT: 4
  • UTILITIES: Sewer Connected, Water Connected
  • YEAR BUILT: 1920
AMENITIES
  • Restaurant
  • Sidewalks
INTERIOR/EXTERIOR FEATURES
  • APPLIANCES INCLUDED: Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • BEDS: 8
  • CONSTRUCTION MATERIALS: Plaster, Vinyl Siding
  • EXTERIOR FEATURES: Porch
  • FLOORING: Laminate
  • FOUNDATION: Brick/Mortar, Stone
  • FULL BATHS: 4
  • HEAT: Natural Gas, Baseboard, Forced Air
  • LIVING SQFT SOURCE: Public Records
  • ROOMS: 15

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Location for 41 Washington Avenue, Cranston, RI

Schools for 41 Washington Avenue, Cranston, RI

Our community offers residents access to a number of fine private and public schools for all grade levels. Please read below for information on each of the schools in our area.

  • Elementary School
    Unspecified
  • Middle School
    Unspecified
  • High School
    Unspecified
Private Schools
SCHOOL LOCATION GRADE
West End Child Care Center 109 Bucklin Street Providence, RI 02907 PK - KG
St. Bartholomew School 315 Laurel Hill Avenue Providence, RI 02909 PK - 8
Sophia Academy 582 Elmwood Avenue Providence, RI 02907 5 - 8
Cite School Inc 15 Bough Street Providence, RI 02909 KG - 12
Cornerstone School 665 Dyer Avenue Cranston, RI 02920 PK - UG
Beautiful Beginnings Child Care Center 700 Elmwood Avenue Providence, RI 02907 PK - KG
St. Mary Elementary School 30 Barton Street Providence, RI 02909 KG - 8
Silver Lake Day Care Center 529 Plainfield Street Providence, RI 02909 PK - KG
Tides Learning Center 790 Broad Street Providence, RI 02907 8 - 11
The Tides School 790 Broad Street Providence, RI 02907 7 - 12
Elmwood Community School 801 Elmwood Avenue Providence, RI 02907 UG
GreatSchools

*UG = ungraded.
Detailed school information provided by GreatSchools.org © . All rights reserved.

Public and private school information is provided by sources including GreatSchools.org and various MLS services including the One Key, SMARTMLS, NCMLS, DARMLS and Greenwich MLS, and is subject to the terms of use on those sites. William Pitt and Julia B. Fee Sotheby’s International Realty believes the information provided by these sources to be accurate but will not be held responsible if any data as well as information such as school districts for listings is inaccurate.

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Market Stats for Rhode Island, Rhode Island

An exclusive report that informs you of residential real estate sales activity and trends in Rhode Island, Rhode Island.

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than William Pitt Sotheby's International Realty are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Data is updated as of 06/10/2026. Listed By: Mark Harrington of RE/MAX ONE (401.943.6111).