$887,000
$870,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
15 Beds
6 Baths
7,968 SqFt
SOLD DATE : 03/24/2025
Key Details
Sold Price $887,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,968 sqft
Price per Sqft $111
MLS Listing ID 1377025
Sold Date 03/24/25
Bedrooms 15
Full Baths 6
HOA Y/N No
Abv Grd Liv Area 7,968
Year Built 1920
Annual Tax Amount $9,557
Tax Year 2024
Lot Size 5,749 Sqft
Acres 0.132
Property Sub-Type Multi Family
Property Description
This exceptional 15 Bedroom, 6 bath, HIGH CASH FLOW investment property in Central Falls, RI, includes two 3-unit houses, offering an excellent opportunity for investors or owner-occupants. The Front building has 3 Three bedroom, 1 bath units. The back house has 3 two bedrooms, 1 bath units. Many of the units have been remodeled and updated with all units having their own gas and electric meters for easy management and cost efficiency. The property also includes 6 off-street parking spaces, a rare and valuable feature in this area, providing added convenience for tenants. The units are fully rented with strong current rents and significant potential for future increases, making this an ideal income-generating property. Whether you're looking to expand your portfolio or live in one unit while collecting rent from the others, this property has tremendous upside. Don't miss this opportunity schedule your showing today!
Location
State RI
County Providence
Zoning R-3
Rooms
Basement Exterior Entry, Full, Interior Entry, Unfinished
Interior
Heating Baseboard, Gas
Cooling None
Flooring Laminate, Other
Fireplace No
Appliance Water Heater
Exterior
Total Parking Spaces 6
Garage No
Building
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 140LINCOLNAVCFLS
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