Address: |
view address Central Falls, RI 02863 Map Location |
Features: | Forced Air, Multi-level |
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Bedrooms: | 9 | Bathrooms: | 6 (full: 6) |
Square Feet: | 5,293 sq.ft. | Lot Size: | 0.11 acres |
Year Built: | 1900 | Property Type: | MultiFamily |
Neighborhood: | Central Falls Train Station | County: | Providence |
List Date: | 2024-01-24 | Listing Number: | 1351322 |
Listed By: | Coldwell Banker Realty | Virtual Tour: | Click Here |
A STONE AWAY FROM BOSTON!! ATTENTION ALL ENTREPRENEURS AND INVESTORS. Nestled in the city's heart lies a remarkable investment treasure: SIX UNITS on a single lot. Each of these five residential spaces radiates meticulous care, featuring two ample bedrooms adorned with fresh paint, refinished flooring, a cutting-edge Navient heating system, and modern bathrooms. Every unit is thoughtfully equipped with its distinct circuit breaker, seamlessly blending individuality and convenience. A newer, fully coded fire alarm system ensures the safety of all inhabitants, pointing to a promising cap rate of 8.5%. Further enhancing this property's allure is the FULLY OPERATIONAL BAR. This ready-to-use establishment boasts essential licenses, an extensive inventory, posh furniture, a television, and a robust security system. For visionaries dreaming of a thriving restaurant, bar, or lounge venture, this place is rife with promise. Essential equipment and furniture stand at the ready. Location is paramount, and this property doesn't disappoint. Proximity to downtown, effortless access to I-95, and closeness to the Pawtucket/Central Falls Station mark it as an investment hotspot. Moreover, critical destinations like Providence and Boston are within comfortable reach. In essence, this mixed-use edifice is a rare blend of residential elegance and commercial opportunity, inviting discerning investors to harness its immense potential.
Ceramic Tile Flooring: | Yes | Forced Air: | Yes |
Hardwood Floors: | Yes | Hot Water Heat: | Yes |
Laminate Flooring: | Yes | Natural Gas Heat: | Yes |
Brick Exterior: | Yes | Total Above Grade Finished Sq Ft: | 5,293.00 |
Vinyl Siding: | Yes |
Frontage: | 50.00 | Lot Acres: | 0.11 |
Lot Number: | 310.00 | Lot Sqft: | 5,000.00 |
Public Sewer: | Yes | Public Water: | Yes |
Subdivision: | Central Falls Train Station | Taxes: | 5,216.00 |
Transaction Type: | Sale | Year Built: | 1900 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.