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William Fooks

pf514@aol.com +1(401) 639-7657

$ 900,000

Est. payment -/mo

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48 School ST #44 Central Falls, RI 02863

4,791 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1424530

HOA Y/N No

Year Built 1900

Annual Tax Amount $14,552

Tax Year 2025

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Commercial

Property Description

Attractive 6-unit multi-family investment opportunity in the heart of Central Falls. This property offers a strong, versatile unit mix of three 2-bedroom units, two 1-bedroom units, and one 3-bedroom unit, appealing to a broad range of renters and supporting steady demand. Additional income comes from the on-site coin-operated washer and dryer, a convenient tenant amenity that generates ongoing revenue. Off-street parking is a valuable feature in this dense, walkable neighborhood and helps keep units in demand. Central Falls offers convenient access to Pawtucket, Providence, and major commuter routes, with shops, restaurants, parks, and public transportation close by. Whether you're an experienced investor looking to expand your portfolio or a newer buyer seeking a multi-unit with built-in cash flow, this property is an excellent opportunity to add value and build long-term equity. Buyer to verify all information, including rents, expenses, and unit details. Schedule your showing today!

Location

State RI

County Providence

Rooms

Basement Full

Interior

Heating Baseboard

Cooling None

Laundry Common Area, Laundry Room

Exterior

Community Features Highway Access, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Sidewalks, Street Lights

Utilities Available Cable Available, Electricity Available, Fiber Optic Available, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Connected

Street Surface Asphalt

Total Parking Spaces 4

Building

Lot Description Corner Lot

Story 3

Foundation Concrete Perimeter

Sewer Connected, Public Sewer, Sanitary

Water Connected, Public

Level or Stories 3

Structure Type Frame

New Construction No

Others

Tax ID 48SCHOOLST44CFLS

Security Features Closed Circuit Camera(s),Carbon Monoxide Detector(s),Fire Alarm,Fire Escape,Smoke Detector(s),Varies By Unit

Listed by RISE REC

William Fooks

48 School ST #44 Central Falls, RI 02863

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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48 School ST #44