113 Summer Street Central Falls

$605,000
7 3 3,822 sq ft

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The Property

Investment opportunity in Central Falls: a fully tenant-occupied three-family home for sale near downtown, the Pawtucket–Central Falls commuter rail station, and Jenks Park. Built in 1900 and offering 2,730 square feet across three updated units, this turnkey multi-family delivers immediate rental income from day one. The unit mix includes two 2-bedroom apartments and one 3-bedroom apartment, each with a full bath and its own updated kitchen. Separate gas and electric metering lets tenants pay their own utilities, while three gas boilers and three gas hot water tanks keep operating costs simple and predictable.

Hardwood and vinyl floors run throughout, and a full basement adds shared storage and laundry potential. The roof is approximately 11 years old. A shared driveway provides off-street parking for up to six cars on a 5,227-square-foot lot. This commuter-friendly location puts you minutes from I-95 and Route 114, plus walkable access to Dexter Street and Broad Street shops and dining. Whether you are an investor expanding a portfolio or a first-time multi-family buyer looking to offset your mortgage, this updated income property is ready to perform. Schedule your private tour today.

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Listing Details

MLS Number

1415251

Lot Size:

0.12 acres

Features

  • Basement: Full, Interior Only, Unfinished, Laundry, Storage Space, Utility
  • Bus
  • Commuter Bus
  • Highway Access
  • Hospital
  • Interstate
  • Private School
  • Public School
  • Railroad
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Near Swimming
  • Heating: Natural Gas, Baseboard, Forced Water
  • Heating Fuel: Natural Gas, Baseboard, Forced Water
  • Fenced
  • Paved Driveway
  • Paved
  • Sidewalks
  • Year Built: 1900

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Market Trends for Single Family Homes
in Central Falls

  • Overview
    Homes for Sale Today12-89.4% decrease in inventory
    New on Market *950% increase in new listings
    Avg. Asking Price/Sq.Ft. *$217.46$19 increase in List Price/Sq.Ft.
    Avg. Sale Price *$565,400$45,850 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *102.76%0.9% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$201.12$20 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *546 decrease in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Coldwell Banker Realty
Email:
Phone: 401-351-2017

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