130 Wheeler Avenue Cranston, RI 02905

Multi-Family (2-4 Units) MLS #: 1377716 Courtesy Of BLACKSTONE/OCEAN Properties

$850,000

7 beds | 5 baths | 3,524 sq ft
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Est. Property Tax: $11,977
Estimated monthly payments: $4,714/mo.* (recalculate)

Property InformationDescription

OWNER-OCCUPY this nicely updated and fully fire-coded 4-Unit home in Cranston's Edgewood Neighborhood, on the edge of Roger Williams Park. This 1920 property is solid and has low tenant turnover with market rents in place to offset your mortgage requirements. Along with that you'll enjoy the benefit of either additional income or on-site storage with a 3-Car Garage in the rear with easy (in or out) access from the rear service roadway (for locals only). Recent updates include sanded floors, freshly painted interiors and an updated foundation, with one unit being completely gutted and renovated from top to bottom, from kitchen to electrical and more! Other updates in the last few years include newer hot water tanks, newer heating system & a recently painted exterior. Both 1st floor units can enjoy the benefit of the classic Farmers porch in the front, while both 2nd floor units will enjoy the large rear deck. Parking for up to 11 cars in front and back, with low grounds maintenance make this an advantageous property, compared to other multi-family homes in the area. MUST SEE!! Just minutes from Providence, Pawtuxet Village, or Warwick! You'll have easy access to 95 with a short drive to all local dining, shopping, schools or all of the countless amenities that historically make Edgewood an amazing place to call HOME!!! NOTE: All but one of the Tenants are on a Month to Month Tenancy. Total rental income is now $88,800 yearly. Landlord pays heat from 2nd Floor units only.
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Features

  • Age: Over 50 Years Old
  • Amenities: Deck, Porch
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Architecture Style: Other
  • Floor Covering: Carpet, Hardwood, Laminate, Tile, Tile - Ceramic
  • Heating System: Baseboard, Forced Air, Steam
  • Lot Size: 0.25 Acres

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130 Wheeler Avenue, Cranston, RI 02905
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School Information

130 Wheeler Avenue, Cranston, RI 02905

Elementary School
Grades PK-5 | Public School
EDGEWOOD HIGHLANDS ELEMENTARY SCHOOL
Cranston, RI 02905
160 Pawtuxet Ave
401.­270.8065
Distance: 0.3 mi
School Rating
C
Student:Teacher Ratio
14:1
Total Students
282
Middle School
Grades 6-8 | Public School
PARK VIEW MIDDLE SCHOOL
Cranston, RI 02910
25 Park View Blvd
401.­270.8090
Distance: 0.9 mi
School Rating
B-
Student:Teacher Ratio
12:1
Total Students
720
High School
Grades 9-12 | Public School
CRANSTON HIGH SCHOOL EAST
Cranston, RI 02910
899 Park Ave
401.­270.8126
Distance: 1.9 mi
School Rating
D+
Student:Teacher Ratio
13:1
Total Students
1568
Other Nearby Schools Distance Type Grades School Rating
St Paul School 0.3 mi Private PK-8
Edward S. Rhodes Elementary School 0.5 mi Public KG-5 A-
Alan Shawn Feinstein Elementary School 0.5 mi Public KG-5
Cornel Young & Charlotte Woods 1.2 mi Public KG-5 D
Lillian Feinstein Elementary School 1.3 mi Public KG-5 D+
W B Cooley & Academy Internationa 1.3 mi Public 9-12 C-
Roger Williams Middle School 1.3 mi Public 6-8
360 High School 1.3 mi Public 9-12 D-
The Hope Academy 1.4 mi Public KG-6 C
The Grace School 1.4 mi Private KG-8
William R. Dutemple Elementary School 1.5 mi Public KG-5 C
Highlander Elementary Charter 1.5 mi Public PK-6 C-
Reservoir Avenue School 1.6 mi Public KG-5 C+
Mary E. Fogarty Elementary School 1.6 mi Public KG-5 F
Bishop Mcvinney Catholic Regional School 1.6 mi Private PK-8
Paul Cuffee Upper School 1.7 mi Public 9-12 C
Robert L. Bailey Iv 1.7 mi Public KG-5 C+
Dr. Jorge Alvarez High School 1.8 mi Public 9-12 F
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Providence, RI 02905

Median Age: 35.2
Married: 39%
Number of Households: 9,638
Households with Children: 33.9%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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