237 Cowden Street Central Falls

$1,050,000
4,356 sq ft

The Property

Excellent investment opportunity in Central Falls! This fully renovated 5-unit multifamily property offers a desirable mix of four 2-bedroom/1-bath units and one spacious 4-bedroom/2-bath unit, making it an attractive addition to an investor portfolio or a strong owner-occupant opportunity.

The property has undergone extensive renovation and is designed for low-maintenance ownership, with updated kitchens, bathrooms, electrical, plumbing, HVAC, insulation, and other major building systems. The property also offers approximately 4,356 square feet of living space and off-street parking.

The property is currently generating approximately $10,800 per month in gross rental income, or $129,600 annually, providing a strong income-producing asset in a convenient Central Falls location.

With its turnkey condition, strong rental income, flexible unit mix, and proximity to Providence, major transportation routes, shopping, restaurants, schools, and local amenities, this property presents a compelling opportunity for investors seeking a stabilized multifamily asset.

Offered at $1,050,000.

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Listing Details

MLS Number

1424820

Lot Size:

0.10 acres

Features

  • Commuter Bus
  • Highway Access
  • Public School
  • Railroad
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Heating: Forced Air, Gas Connected
  • Heating Fuel: Forced Air, Gas Connected
  • Urban
  • Year Built: 1900

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Market Trends for Commercial/Business,Commercial Sale
in Central Falls

  • Overview
    Homes for Sale Today9-10% decrease in inventory
    New on Market *350% increase in new listings
    Avg. Asking Price/Sq.Ft. *$0.00$435 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$0$950,000 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *%-100% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$0.00$0 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *181 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 Keller Williams Leading Edge
Email:
Phone: 401-333-4900

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