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6 Beds
2 Baths
1,666 sqft

$805,000

16 Colony Street, Cranston RI, 02920

Price per sqft$483.19
Built in1924
Property size1,666 sqft
Property typeMulti-family

Overview

Active

Listed Aug 3, 2026

Updated 2 days ago

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!

$5,356/mo

Est. mortgage payment based on a $805,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1419430

Interior Features

Bedrooms
6
Bathrooms
2
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.28 Acres

Other Property Details

Taxes
$4,877
Tax Frequency
Annually
55+/Senior Community
No

Courtesy of REMAX Revolution, 401-316-8493

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than Compass are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.

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Data last updated 4:39 AM UTC, 10/8/2026.

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