A STONE AWAY FROM BOSTON!! ATTENTION ALL ENTREPRENEURS AND INVESTORS. Nestled in the city's heart lies a remarkable investment treasure: SIX UNITS on a single lot. Each of these five residential spaces radiates meticulous care, featuring two ample bedrooms adorned with fresh paint, refinished flooring, a cutting-edge Navient heating system, and modern bathrooms. Every unit is thoughtfully equipped with its distinct circuit breaker, seamlessly blending individuality and convenience. A newer, fully coded fire alarm system ensures the safety of all inhabitants, pointing to a promising cap rate of 8.5%. Further enhancing this property's allure is the FULLY OPERATIONAL BAR. This ready-to-use establishment boasts essential licenses, an extensive inventory, posh furniture, a television, and a robust security system. For visionaries dreaming of a thriving restaurant, bar, or lounge venture, this place is rife with promise. Essential equipment and furniture stand at the ready. Location is paramount, and this property doesn't disappoint. Proximity to downtown, effortless access to I-95, and closeness to the Pawtucket/Central Falls Station mark it as an investment hotspot. Moreover, critical destinations like Providence and Boston are within comfortable reach. In essence, this mixed-use edifice is a rare blend of residential elegance and commercial opportunity, inviting discerning investors to harness its immense potential.
Great investment opportunity! 5 unit building with 4, 2 bed units and 1, 4 bed unit on the first floor. House has been updated recently and is in very good condition including roof, windows, vinyl siding, heating systems and electrical. Off street parking with one space per unit and separate utilities for each unit. Rents are below market value but Tenants have been long-term and consistent. Coin op laundry and Tenant storage in basement. This is a great, turn-key property, fully rented with upside potential.
Investors take Notice! This is a package Sale! This complete portfolio consists of 3 properties, Residential-Commercial-Mixed Use, totaling 27 Units fully rented with waiting list. Units are in Superb, above average condition. Upgrades include New Kitchens, Baths, Flooring, Ceilings, Windows, Doors, Gas Boiler, Electric Meters, Vinyl Siding, New Asphalt parking lots, Roofs and much more! Income/Expense information for properties can be provided for interested Buyers. Property #1 747-751 Broad Street Breakdown: 6-4 Bedroom units 2-Retail stores With off street parking. Property #2 753-757 Broad Street Breakdown: 6 - 1 Bedroom units 2 - 2 Bedroom units 2 - Retail/Office Separate Lot included for off street parking. Property #3 78-82-84 Railroad Street (Consists of 2 Buildings) Front Building 4 Unit all 2 Bedroom units. Back Building 5 Unit 4 - 2 Bedroom units and 1 - 3 Bedroom Unit With off street parking. If you are looking to expand your portfolio, or seeking solid income, this is the one! Conveniently located near all conveniences, all shopping, restaurants, I-95, Pawtucket/Central Falls Commuter Rail Station. Subject to a successful 1031 Like Exchange. Exchange property has been identified. Please call with questions.
PROFITABLE AUTO BODY BUSINESS. SALE PRICE INCLUDES REAL ESTATE, BUSINESS, EQUIPMENT AND LICENSES. THE SHOP HAS BEEN OPERATING AT THIS LOCATION FOR MANY YEARS AND WILL PAY FOR ITSELF IN LESS THAN TWO YEARS. THE SELLER MAY FINANCE UP TO 50% OF THE PURCHASE.
Welcome to this exceptional 5-unit multi-family property, featuring two homes on one lot, located in the heart of Central Falls, Rhode Island! This fantastic property includes four completely renovated apartments with a total of 8 bedrooms/ 4 full bathrooms at the front and a fully renovated 2-bedroom 2 Full Bathrooms single-family residence at the rear. It's a perfect opportunity for both owner-occupants and investors. The single-family home offers 2 spacious bedrooms and 2 modern bathrooms, along with a brand-new roof for added peace of mind. Both properties have been thoughtfully updated, with stylish vinyl flooring, sleek white cabinetry, and contemporary stainless-steel appliances throughout each unit. Additionally, 3 brand-new Navien systems have been installed for energy-efficient heating and hot water. Whether you're looking for an investment opportunity or the chance to live in one unit while renting out the others, this property offers great potential. Conveniently located near Highway 95 for an easy commute, it's just minutes from the new train station, 10 minutes from downtown Providence, and 40 minutes from Boston. Schedule your showing today and explore the possibilities!
2 buildings on 1 lot with total of 6 units, 10 garages and plenty of parking. Property being sold as is where is and subject to court approval and higher and better offers
The median home value in Central Falls, RI is $357,000. This is lower than the county median home value of $372,900. The national median home value is $338,100. The average price of homes sold in Central Falls, RI is $357,000. Approximately 22.45% of Central Falls homes are owned, compared to 65.33% rented, while 12.22% are vacant. Central Falls real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Central Falls real estate agent to arrange a tour today!
Central Falls, Rhode Island has a population of 22,192. Central Falls is more family-centric than the surrounding county with 29.09% of the households containing married families with children. The county average for households married with children is 27.53%.
The median household income in Central Falls, Rhode Island is $40,235. The median household income for the surrounding county is $65,797 compared to the national median of $69,021. The median age of people living in Central Falls is 31.6 years.
The average high temperature in July is 82.9 degrees, with an average low temperature in January of 17.9 degrees. The average rainfall is approximately 49.9 inches per year, with 37.7 inches of snow per year.