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44 School Street Central Falls

$719,990
0 4,792 sq ft

The Property

This outstanding 6-unit multifamily property is an ideal choice for investors looking for upside potential. Featuring a diverse mix of spacious living spaces, including three 2-bed 1-bath units, one 3-bed 1-bath unit, and two 1-bed 1-bath units, this gem promises both variety and appeal.

The property is not only well-maintained but also boasts a recent 3-year-old roof. With convenient off street parking, it adds an extra layer of desirability for potential tenants.

The total monthly rental income of $7,000 underscores the property’s earning potential, and there is room for growth with the possibility of achieving higher rents based on local market rent comps.

Whether you’re a seasoned investor or new to the market, don’t miss out on this exceptional opportunity to acquire a 6 unit. Schedule a viewing today and see the future that this multifamily property holds for your investment portfolio!

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Listing Details

MLS Number

1348947

Lot Size:

0.11 acres

Features

  • Basement: Full
  • Heating: Baseboard
  • Type: Apartment
  • Year Built: 1900

Market Trends for Commercial Properties
in Central Falls

  • Overview
    Homes for Sale Today8-91% decrease in inventory
    New on Market *4100% increase in new listings
    Avg. Asking Price/Sq.Ft. *$73.74$74 increase in List Price/Sq.Ft.
    Avg. Sale Price *$426,663$426,663 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *96.57%100% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$81.52$82 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *288288 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 Real Broker, LLC

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