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$649,900 Just Listed

  • For Sale
  • Active
  • Apartment
  • 5 Beds
  • 4 Full Baths
  • 0.1 Acres
  • Updated 5 days ago
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Prime Investment Opportunity at a great price! This versatile three-unit mixed-use property offers an excellent opportunity for investors, with the potential to create a 4th and 5th unit for additional income potential. Ideally located on Reservoir Avenue, the property is within walking distance to shopping, restaurants, dining, and everyday stores. Three existing units are currently rented, with two tenants on a month-to-month basis, providing flexibility. The property features a newer furnace, hardwood and vinyl flooring throughout, and private off-street parking in the rear. With a strong location, existing rental income, and potential for additional space, this property offers an exciting opportunity to expand and maximize its investment potential.

Full Property Details for 700 Reservoir Ave

General

  • Price: $649,900
  • Taxes: $4,672 (2025)
  • Status: Active
  • Type: Apartment
  • Source: STWMLS
  • MLS ID: 1424352
  • Updated: 9/30/2026
  • Added to Site: 5 day(s) ago

Interior

  • Number of Rooms: 11
  • Interior Features: Bathtub, Interior Steps, Stall Shower, Tub Shower
  • Fireplace(s): None
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Flooring: Ceramic Tile, Hardwood, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: Common Area, In Unit

Exterior

  • Exterior Features: Paved Driveway

Parking

  • Total Spaces: 4
  • Parking Features: No Garage

Location

  • County: Providence
  • Subdivision: Reservoir
  • Near Highway: Yes

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard, Gas

Utilities

  • Sewer: Connected
  • Water: Connected
  • Utility Description: Sewer Connected

Structural Information

  • # Buildings: 1
  • Structure Type: Apartment
  • Detached/Attached: Detached
  • Construction: Drywall, Plaster, Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Full, Interior Entry, Unfinished
  • Stories/Levels: 3
  • Building Size: 2340
  • Finished Total: 2,340 Sq. Ft.
  • Finished Above Grnd: 2,340 Sq. Ft.
  • Year Built: 1920

Lot Features

  • Lot Size (Acres): 0.1
  • Lot Size (Sq. Ft.): 4,356
  • Lot Size: 4356
  • Sidewalks: Yes

Financial Considerations

  • Operating Expenses: $6,500
  • Tax Amount: $4,672
  • Tax Year: 2025

Disclosures and Reports

  • Property ID: 700RESERVOIRAVCRAN
  • Lot Number: 320

Listed by Century 21 Limitless

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Listing agent

— 700 Reservoir Ave —

  • Century 21 Limitless

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 700 Reservoir Ave

School District:Cranston School District
NameGradesDistance
Eden Park School
180 Oakland Avenue, Cranston, RI 02910
K-50.6 mi
Park View Middle School
25 Park View Boulevard, Cranston, RI 02910
6-81.4 mi
Cranston High School East
899 Park Avenue, Cranston, RI 02910
9-120.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 700 Reservoir Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/30/2026
Listed
$649,900
91.15%
MLS
3/17/2021
Sold
$340,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 700 Reservoir Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,672
100%
$336,600
23%
2023
100%
$274,400
—
2022
100%
$274,400
30%
2020
100%
$211,400
5%
2017
100%
$201,200
—
2016
100%
$201,200
—
2015
100%
$201,200
-22%
2014
100%
$258,600
—
2013
—
$258,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Century 21 Limitless

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700 Reservoir Avenue, Cranston, RI 02910 (MLS# 1424352) is a Apartment property with 5 bedrooms and 4 full bathrooms. 700 Reservoir Avenue is currently listed for $649,900 and was received on September 30, 2026. Want to learn more about 700 Reservoir Avenue? Do you have questions about finding other Apartment real estate for sale in Cranston? You can browse all Cranston real estate or contact a Coldwell Banker agent to request more information.

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