Central Falls RI Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
3,510
Status:
NEW LISTING
Beds:
9
Lot size:
0.13 Acres
Year built:
1900
Baths:
3.00
MLS#:
1374787

ADDITIONAL INFORMATION

Attention investors, and homebuyers this Remodeled 3 Family house w 3 beds each unit double living rooms, first floor is open concept features all updated units, 3 yrs old painted Exterior, newer windows newer roof updated electrical and plumbing newer central heating system on 3rd flr baseboard on 1 st and 2nd. Newer driveway, fenced in yard with white vinyl fence video camera system and parking for 10. Great rental or owner occupied property. Mins to train station to Boston & close to Massachusetts line.

Type:
Multi-Family
Sq.Ft.:
4,960
Status:
Active
Beds:
7
Lot size:
0.12 Acres
Year built:
1901
Baths:
5.00
MLS#:
1374594

ADDITIONAL INFORMATION

Discover an exceptional investment opportunity at 16-18 Pacific St. in Central Falls, featuring two buildings on a single lot. The front property is a well-maintained, 1,180 sq/ft single-family home offering 3 bedrooms, 2.5 bathrooms, and is currently rented at $2,200 per month. This move-in-ready home boasts maintenance-free vinyl siding and plenty of off-street parking. Behind the single-family home sits a versatile 2-unit multi-family building, ready to generate additional rental income. The first and second-floor units are vacant and move-in ready, while the third floor attic space could use some finishing touches to reach its full income potential. This unique setup offers great flexibility for an investor looking to owner-occupy while renting the other units, or for those seeking to expand their portfolio with a property that can start generating returns immediately. Whether you're a seasoned investor or new to real estate, this property's potential is hard to match. Don't miss out on this opportunity schedule your showing today! Sorry, NO FHA!

Type:
Multi-Family
Sq.Ft.:
2,974
Status:
Active
Beds:
6
Lot size:
0.07 Acres
Year built:
1890
Baths:
2.00
MLS#:
1374166

ADDITIONAL INFORMATION

Incredible Investment Opportunity! This expansive two-family home features 6 bedrooms and 2 bathrooms. Located on the border of Massachusetts. Perfect for owner-occupants or investors. The first-floor unit has been recently renovated, showcasing new floors, fresh paint, an updated kitchen with new appliances and sleek epoxy countertops, as well as an updated bathroom. Whether you're looking to move in or add to your investment portfolio, this property promises incredible value and potential.

Type:
Multi-Family
Sq.Ft.:
4,263
Status:
Active
Beds:
12
Lot size:
0.1 Acres
Year built:
1924
Baths:
6.00
MLS#:
1373682

ADDITIONAL INFORMATION

Prime investment opportunity! This 3-unit property features three 4-bedroom each units and 2 bath per unit also an spacious bonus room with the potential to add another kitchen and convert each unit to 2 bed unit if desired. Offering 4 off-street parking spots, this property is ideal for investors or owner-occupants looking to maximize returns. Conveniently located near shopping, dining, schools, and public transportation, it's perfectly positioned in a high-demand rental area. Don't miss your chance to own this income-generating asset " AS IS"

Type:
Multi-Family
Sq.Ft.:
4,435
Status:
Active
Beds:
6
Lot size:
0.18 Acres
Year built:
1870
Baths:
3.00
MLS#:
1372495

ADDITIONAL INFORMATION

224 Washington Street is a prime investment opportunity: a substantial two-family property in Central Falls with over 4,400 square feet of adaptable living space, including a finished basement in-law suite. The property features large, open layouts on both floors, each with three bedrooms and a full bath, providing ample space for tenants or multi-generational living. A three-car garage, gazebo, and extensive hardscaped seating areas add further value and appeal to this versatile property. With city approval, there is potential to build additional units, maximizing rental income in this growing area.

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Andrea Conner, License REC.0018633, Xome Inc., License REC.0018633, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.



Central Falls Real Estate

The median home value in Central Falls, RI is $329,000. 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 $329,000. 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.

Central Falls Weather

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.

Central Falls Real Estate Market Conditions

  • Median sales price

    $329,000
    16% change since last quarter
  • # Active listings

    15
    30-day change

Central Falls Schools and Demographics

Education near Central Falls, RI

Metric City County
High School Graduates 60.72 86.17
College Degree - 2 year 5.89 7.62
College Degree - 4 year 9.23 30.58
Graduate Degree 0.86 8.43
Expenditures per Student 18,605 18,605
Students per Teacher 13.4 13.4

Elementary Schools near Central Falls, RI

School Grades Students P/T Ratio ZIP
Agnes E. Little School KG - 05 428 15.3 02860
Cunningham School KG - 05 532 15.7 02860
Curvin-McCabe School KG - 05 440 14.2 02861
Elizabeth Baldwin School KG - 05 714 16.3 02860
Ella Risk School KG - 04 442 14.2 02863
Fallon Memorial School PK - 05 640 15.2 02861
Flora S. Curtis School PK - 05 350 12.7 02861
Francis J. Varieur School PK - 06 446 16.3 02860
G. Harold Hunt School PK - KG 91 9.4 02863
Henry J. Winters School KG - 06 471 17 02860
International Charter School KG - 05 325 14.8 02860
Joseph A. Whelan School KG - 05 260 16.4 02904
Lincoln Central Elementary School KG - 05 323 16.1 02865
Lonsdale Elementary School KG - 05 312 17.3 02865
Margaret I. Robertson School KG - 01 222 13.1 02863
Marieville School KG - 05 252 14.7 02904
Nathanael Greene School KG - 06 553 16.8 02860
Potter-Burns School KG - 05 516 16.9 02861
Saylesville Elementary School KG - 05 255 14.2 02865
Stephen Olney School KG - 05 296 16.8 02904
The Learning Community KG - 08 561 12.8 02863
Veazie Street School KG - 05 615 19.2 02904
Veterans Memorial Elementary School 01 - 04 503 15.7 02863

Middle Schools near Central Falls, RI

School Grades Students P/T Ratio ZIP
Birchwood Middle School 06 - 08 405 14.4 02904
Blackstone Valley Prep. 05 - 08 332 11.4 02865
Calcutt Middle School 05 - 08 660 15.3 02863
Esek Hopkins Middle School 06 - 08 574 16.1 02904
Goff Junior High School 06 - 08 658 15.3 02861
Joseph Jenks Junior High School 06 - 08 471 15.1 02860
Lincoln Middle School 06 - 08 775 16.9 02865
Samuel Slater Junior High School 06 - 08 684 15.7 02860
Segue Inst. for Learning 06 - 08 240 18.5 02863

High Schools near Central Falls, RI

School Grades Students P/T Ratio ZIP
Blackstone Academy Charter School 09 - 12 171 13.3 02860
Central Falls Senior High School 09 - 12 742 15.4 02863
Charles E. Shea High School 09 - 12 863 13.3 02860
Jacqueline M. Walsh School 09 - 12 192 14.2 02860
Lincoln Senior High School 09 - 12 918 15.1 02865
North Providence High School 09 - 12 970 11 02904
Sheila Skip Nowell Leadership 09 - 12 79 19.8 02863
William E Tolman Senior High School 09 - 12 996 11.4 02860

Ungraded Schools near Central Falls, RI

School Grades Students P/T Ratio ZIP
* Davies Career-Tech High School 09 - 12 826 11.8 02865
* E-Cubed Academy 09 - 12 353 13.1 02904

Demographics near Central Falls, RI

Metric City County
Neighborhood Type Inner City
Population 22,192 656,672
Population Density 18,571 1,604
Median Age 31.6 37.5
People per Household 3 2.5
Median Household Income 40,235 65,797
Average Income per Capita 17,962 34,889