29 Mowry Street Central Falls

$850,000
3,720 sq ft

The Property

Exceptional investment opportunity in one of Rhode Island’s fastest-evolving communities! This well-maintained 6-unit multifamily property offers investors a rare chance to acquire a strong cash-flowing asset in the heart of Central Falls, a city experiencing continued revitalization, economic investment, and long-term growth.

Each of the six spacious units features 2 bedrooms and 1 full bathroom, providing a highly desirable layout for today’s rental market. All utilities are separately metered, helping simplify management and reduce operating expenses. The property also offers the convenience of 8-10 off-street parking spaces, a valuable amenity for both tenants and future owners.

Ideally located just minutes from I-95, the Blackstone Valley commuter rail station, restaurants, shopping, schools, parks, and the exciting community improvements taking place throughout Central Falls, this property is well-positioned to benefit from the city’s ongoing momentum. With strong rental demand, limited multifamily inventory, and continued public and private investment in the area, this is an outstanding opportunity for both seasoned investors and those looking to grow their portfolio with a high-performing asset.

Don’t miss your chance to own a solid income-producing property in a community that continues to flourish and create new opportunities. Schedule your private showing today!

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Listing Details

MLS Number

1418803

Lot Size:

0.11 acres

Features

  • Basement: Full
  • Bus
  • Highway Access
  • Hospital
  • Restaurants
  • Schools
  • Shopping
  • Heating: Gas Connected
  • Heating Fuel: Gas Connected
  • Laundry
  • Urban
  • Year Built: 1900

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

  • Overview
    Homes for Sale Today7133.3% increase in inventory
    New on Market *1-50% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$228.49$228 increase 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.

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