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116 Foundry Street Central Falls

$995,000
8 4 4,451 sq ft

The Property

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 at the front and a fully renovated 2-bedroom 2 Full Bath 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 Navient 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!

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Listing Details

MLS Number

1370029

Lot Size:

0.11 acres

Features

  • Basement: Full, Interior and Exterior, Unfinished, Utility
  • Bus
  • Restaurants
  • Schools
  • Shopping
  • Heating: Natural Gas, Baseboard
  • Heating Fuel: Natural Gas, Baseboard
  • Garage: 1
  • Paved Driveway
  • Year Built: 1900

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Market Trends for Multi Family
in Central Falls

  • Overview
    Homes for Sale Today7-56.3% decrease in inventory
    New on Market *4-20% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$189.35$25 increase in List Price/Sq.Ft.
    Avg. Sale Price *$587,500$16,375 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *105.56%4.4% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$186.16$5 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *863 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 Re/Max Innovations

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