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44 School ST Central Falls, RI 02863
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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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