Craston Rhode Island

[Kyle Garand]

Hey All,

I see a lot of talk here about the providence, pawtucket and woonsocket areas, but does anyone have any insight on Cranston? I am specifically looking to invest in a duplex and thinking of targeting edgewood, trying to stay closer to the pawtuxet village area. I feel this area is pretty central is RI and pawtuxet village seems as though it would be pretty alluring to potential renters. What are the pros / cons of this area and anything I should look out for? 

[Anthony Thompson]

@Kyle Garand yes, I'm a big fan of Cranston actually but it's on a lot of people's radar so prices have gone up.

The pros are that Edgewood/Pawtuxet is a nice, stable and generally well-maintained residential area. The cons are that prices are definitely up there now.

Some parts of it are close to the water so you want to find out if a property you're looking at is in a flood zone and if so, take into account any higher insurance you'll be paying (talk to your insurance agent).

Also, like the "East Side", people tend to use the label "Edgewood" liberally, to try to get higher prices, for properties that are really on the border of, or really outside of, Edgewood proper.

So make sure that if you're looking at or paying for an "Edgewood" property, you're not really paying for something that's outside that area (especially the parts that start to head into Providence).