Turnkey 3-unit multi-family property perfectly situated on a premium corner lot, offering the ultimate blend of modern updates and high-yield investment potential. This powerhouse asset features a newer roof and updated hot water heaters, ensuring low-maintenance ownership for years to come. Connected to city water, city sewer, and natural gas, the property boasts an incredible paved parking area with space for 9+ vehicles-a rare and highly lucrative amenity for tenants.Units 1 and 2 each offer expansive 3-bedroom layouts featuring large kitchen and living areas, full bathrooms, and durable carpet and laminate flooring. Unit 3 has been completely renovated into a stylish 1-bedroom oasis, complete with a functional mudroom area, full bath, and bright living space. Investors will love the added passive income from the coin-operated laundry in the common area. Perfectly located within walking distance to shopping, public transit, and houses of worship, this cash-flowing asset is an absolute must-see for savvy investors or owner-occupants looking to live for free!
| MLS # | 1422076 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1920 |
| Days On Site | 35 |
| Listing Provided By | Coldwell Banker Realty | Robin Chudnow-Marsh |
| Bed(s) | 7 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,400 |
| Basement | Y |
| Story(s) | 3 |
| Units | 3 |
| Building(s) | 1 |
| Zoning | R3 |
| Acreage | 0.12 |
| Golf Course | Yes |
| Rooms Total | 13 |
|---|---|
| Heating | Electric, Natural Gas, Baseboard, Gas Connected |
| Heating Yes / No | Yes |
| Cooling | None |
| Cooling Yes / No | No |
| Appliances | Dryer, Oven, Range, Refrigerator, Washer, Gas Water Heater |
| Interior Features | Stairs, Plumbing (Mixed), Insulation (Unknown) |
| Fireplaces Total | 0 |
| Laundry Features | Common Area |
| Foundation Details | Mixed |
|---|---|
| Lot Features | Corner Lot, Paved Driveway, Sidewalks |
| Community Features | Bus, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Shopping, Near Swimming, Tennis |
| Construction Materials | Vinyl Siding |
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | No Garage |
| Utilities | Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer, Public Connected |
| Electric | 100 Amp Service |
| Community Features | Bus, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Shopping, Near Swimming, Tennis |
|---|
| Tax Annual Amount | 5229 |
|---|---|
| Tax Assessed Value | 395800 |
| Tax Lot | 272 |
| Tax Year | 2025 |
| State | RI |
|---|---|
| County | Providence |
| City | Central Falls |
| Zip Code | 02863 |
| Area | Providence |
| Listing VS Median (in 02863) | |
Price: $629,900 low | high Med: $574,500 sqft: 2,400 low | high Med: 2,577 $ / sqft: $262 low | high Med: $246 On site: 35 low | high Med: 27.5 | |
| State | RI |
|---|---|
| County | Providence |
| City | Central Falls |
| Zip Code | 02863 |
| Area | Providence |
| Listing VS Median (in 02863) | |
Price: $629,900 low | high Med: $574,500 sqft: 2,400 low | high Med: 2,577 $ / sqft: $262 low | high Med: $246 On site: 35 low | high Med: 27.5 | |
$675,000Central Falls, RI 02863 | |
$675,000Central Falls, RI 02863 | |
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