152 Washington Street Central Falls

$650,000
8 4 5,195 sq ft

The Property

Profitable and well-maintained 5-unit multi-family property in Central Falls, RI—an excellent investment opportunity! This solid building features a diverse mix of units, including two studios, one 3-bedroom, one 2-bedroom, and one 1-bedroom apartment, appealing to a wide range of tenants. Each unit has been thoughtfully maintained, with new gas furnaces throughout and individual gas and electric meters, along with new electric panels for added efficiency and convenience. Tenants pay their own utilities, making this a low-maintenance and income-generating property for investors. The building also offers off-street parking, a valuable amenity in the area.

Conveniently located near major highways, public transportation, restaurants, and shopping, this property is ideal for commuters and renters alike. A great opportunity to own a turn-key investment in a strong rental market with reliable cash flow and long-term potential.

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Listing Details

MLS Number

1399024

Lot Size:

0.08 acres

Features

  • Basement: Full, Interior Only, Unfinished
  • Heating: Natural Gas, Space Heater
  • Heating Fuel: Natural Gas, Space Heater
  • Year Built: 1900

Market Trends for Single Family Homes
in Central Falls

  • Overview
    Homes for Sale Today9-88.8% decrease in inventory
    New on Market *5-16.7% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$218.26$13 increase in List Price/Sq.Ft.
    Avg. Sale Price *$574,000$56,500 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *102.42%3.8% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$214.99$21 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *7932 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 Century 21 Limitless

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