112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls
112 Clay Street, Central Falls

112 Clay Street Central Falls

$599,900
5 3 2,518 sq ft

Map View Street View

The Property

Incredible wealth-building opportunity at 112 Clay Street in Central Falls, RI! This massive, highly versatile 3-family property is delivered 100% vacant, offering an estimated $4,800+/month in residential rental income. Perfect for savvy real estate investors or owner-occupants seeking the ultimate house-hack, this spacious multi-family home features 5 bedrooms and 3 bathrooms across three functional, well-designed layouts. The property features a spacious 3-bed/1-bath unit ideal for an owner’s suite, alongside two 1-bed/1-bath units to maximize your monthly cash flow. Extremely well-located in a high-demand commuter hub close to I-95, local restaurants, shopping, and the local train station, keeping tenant demand high and vacancy rates low.

Adding massive value is a rare 2,000+ sqft detached garage with 13+ ft ceilings, 220V electrical power (separated), heavy-duty cinderblock construction, and an 8-inch concrete slab. This bonus commercial-grade structure is perfect for contractors, business storage, a private workshop, or separate rental income. Explore local zoning guidelines for ADU (Accessory Dwelling Unit) potential to add a 4th income-producing stream! With off-street parking for up to 12 cars, individual utility meters, low-maintenance vinyl siding, and unparalleled versatility, this property offers a rare combination of immediate high-yield cash-flow and long-term equity growth.

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Listing Details

MLS Number

1414312

Lot Size:

0.15 acres

Features

  • Basement: Full, Bulkhead, Partially Finished, Storage Space
  • Porch
  • Heating: Natural Gas, Forced Air
  • Heating Fuel: Natural Gas, Forced Air
  • Garage: 1
  • Year Built: 1867

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Market Trends for Single Family Homes
in Central Falls

  • Overview
    Homes for Sale Today16-86.2% decrease in inventory
    New on Market *12100% increase in new listings
    Avg. Asking Price/Sq.Ft. *$210.99$15 increase in List Price/Sq.Ft.
    Avg. Sale Price *$537,833$70,667 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *103.61%8% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$195.97$7 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *5571 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 Exp Realty

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