237 Cowden Street Central Falls

$1,200,000
4,356 sq ft

The Property

Turnkey 5-Unit Multifamily Investment

Fully renovated 5-unit apartment building with all major capital improvements completed, including new plumbing, electrical, HVAC, insulation, kitchens, and bathrooms. Investors can benefit from minimal deferred maintenance and reduced capital expenditure risk for years to come.

Located in a high-demand rental market near schools, parks, restaurants, shopping, public transportation, and major employment centers, supporting strong occupancy and tenant retention.

Investment Highlights:

5 residential units

4 2 bedroom 1 bath

1 4 bedroom 2 bath

100% renovated building

New major systems throughout

Low-maintenance asset

Strong rental demand location

Ideal for cash flow and long-term appreciation

A rare opportunity to acquire a stabilized, turnkey multifamily property.

Perfect for investors seeking reliable income with limited near-term capital requirements.

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Listing Details

MLS Number

1414946

Lot Size:

0.10 acres

Features

  • Basement: Full
  • Bus
  • Commuter Bus
  • Public School
  • Railroad
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Heating: Forced Air
  • Heating Fuel: Forced Air
  • Laundry
  • Urban
  • Year Built: 1900

See more features

Market Trends for Commercial Properties
in Central Falls

  • Overview
    Homes for Sale Today11-91% decrease in inventory
    New on Market *3200% increase in new listings
    Avg. Asking Price/Sq.Ft. *$0.00$262 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$0$0 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *%100% increase 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 *0 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 Keller Williams Leading Edge

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