Central Falls, RI 02863,44 School ST
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Central Falls, RI 02863,44 School ST
Central Falls, RI 02863,44 School ST
Central Falls, RI 02863,44 School ST
Central Falls, RI 02863,44 School ST

$725,000

Est. payment /mo

$719,990

0.7%
Est.Price: ?

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44 School ST Central Falls, RI 02863

4,792 Sqft Lot

SOLD DATE : 06/07/2024

Key Details

Sold Price $725,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 1348947

Sold Date 06/07/24

HOA Y/N No

Year Built 1900

Annual Tax Amount $7,116

Tax Year 2023

Lot Size 4,792 Sqft

Property Description

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!

Location

State RI

County Providence

Rooms

Basement Full

Interior

Heating Baseboard

Furnishings Unfurnished

Exterior

Community Features Sidewalks

Utilities Available Sewer Connected, Water Connected

Building

Story 3

Sewer Connected, Public Sewer

Water Connected, Public

Level or Stories 3

New Construction No

Others

Tax ID 44SCHOOLSTCFLS

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Listed by Real Broker, LLC
Bought with RISE REC

Emilio DiSpirito

License Partner | Private Office Advisor | License ID: S35582

+1(401) 359-2338

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