For Sale
$950,000

116 Foundry St Central Falls, RI 02863

5-Unit Multi-Family, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional Central Falls, Rhode Island property presents a unique investment opportunity. Situated on a 5,000 square foot lot at 116 Foundry Street, this mixed-use property boasts two buildings: a four-unit multi-family home and a separate single-family residence. The multi-family building comprises four completely renovated apartments, each featuring modern amenities including stylish vinyl flooring, sleek white cabinetry, and contemporary stainless-steel appliances. These units offer a total of eight bedrooms and four full bathrooms. The single-family home, also fully renovated, includes two spacious bedrooms and two modern bathrooms, complemented by a brand-new roof. Three new Navien systems provide energy-efficient heating and hot water across the property. Conveniently located near Highway 95, this property offers easy access to commuting routes, the new train station, downtown Providence (10 minutes away), and Boston (40 minutes away). Built in 1900, this property is ideal for both owner-occupants seeking rental income and investors looking for a strong return. The asking price is $950,000. This is a rare opportunity to acquire a well-maintained, high-yield property in a desirable location. The property's combination of renovated units and convenient location makes it an attractive investment prospect with significant potential for future growth.

Highlights

  • $950,000 asking price.
  • 5-unit multi-family property on a 5,000 sq ft lot.
  • Two buildings on the property.
  • Located at 116 Foundry Street, Central Falls, RI 02863.
  • Built in 1900.

Property Details for 116 Foundry St

Property type
Land
Year Built
1900
Buildings
2
Units
5

Location Insight

City
Central Falls
County
Providence
State
Rhode Island
Latitude
41.889379
Longitude
-71.3886287

FAQs

What type of property is this?
Land - 5-Unit Multi-Family, Prime Location
Where is the land located?
The property is located at 116 Foundry St Central Falls, RI.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: $950,000 asking price.; 5-unit multi-family property on a 5,000 sq ft lot.; Two buildings on the property.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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116 Foundry St
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