Back 41 Washington Avenue
Off Market

41 Washington Avenue

Cranston RI 02920

8
4
4
5025 sq. ft.
5500 sq. ft.
Multi-Family
Marko HarringtonMarko Harrington, last sold this property on 05 June 2026 after 22 days on market.

Overview

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

Features

8 bedrooms
4 bathrooms
4 carspaces
5025 sq. ft. floor area
5500 sq. ft. lot size
Multi-Family

Estimated Value

We need at least 3 similar 8 bedroom multi families sold in Cranston over the last 12 months.

Property history for 41 Washington Avenue

2026
Sold
Undisclosed
05 Jun 2026 by Marko Harrington, of REMAX One | Plainfield

Happy sellers in Cranston

96%
96% of sellers in Cranston reported that their sale price either exceeded or met their price expectations.

Cranston stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Cranston over the last 12 months.

Local market activity for 8 bedroom multi families in Cranston

In the last 12 months, 2 eight-bedroom multi families similar to 41 Washington Avenue, have been sold.

This represents a 200% decrease in eight-bedroom multi families sales when compared to the previous 12 months.

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