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224 Washington Street Central Falls

$550,000
6 3 4,435 sq ft

The Property

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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Listing Details

MLS Number

1372495

Lot Size:

0.18 acres

Features

  • Basement: Full, Walkout, Finished, Bathroom, Bedroom(s), Common, Kitchen, Laundry, Living Room
  • Bus
  • Commuter Bus
  • Highway Access
  • Hospital
  • Interstate
  • Public School
  • Railroad
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Heating: Natural Gas, Baseboard, Forced Water
  • Heating Fuel: Natural Gas, Baseboard, Forced Water
  • Garage: 1
  • Laundry
  • Paved Driveway
  • Year Built: 1870

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Market Trends for Multi Family
in Central Falls

  • Overview
    Homes for Sale Today3-88.5% decrease in inventory
    New on Market *2-33.3% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$156.91$12 increase in List Price/Sq.Ft.
    Avg. Sale Price *$637,333$166,666 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *104.19%-1.5% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$185.33$7 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *1114 increase 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 Lenox Realty Group

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