112 Clay St, Central Falls, RI 02863
- Beds
- 5
- Baths
- 3
- Sqft
- 2,518
- Garage
- Yes
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
Incredible wealth-building opportunity at 112 Clay Street in Central Falls, RI! This massive, highly versatile 3-family property is delivered 100% vacant, offering an estimated $4,800+/month in residential rental income. Perfect for savvy real estate investors or owner-occupants seeking the ultimate house-hack, this spacious multi-family home features 5 bedrooms and 3 bathrooms across three functional, well-designed layouts. The property features a spacious 3-bed/1-bath unit ideal for an owner's suite, alongside two 1-bed/1-bath units to maximize your monthly cash flow. Extremely well-located in a high-demand commuter hub close to I-95, local restaurants, shopping, and the local train station, keeping tenant demand high and vacancy rates low. Adding massive value is a rare 2,000+ sqft detached garage with 13+ ft ceilings, 220V electrical power (separated), heavy-duty cinderblock construction, and an 8-inch concrete slab. This bonus commercial-grade structure is perfect for contractors, business storage, a private workshop, or separate rental income. Explore local zoning guidelines for ADU (Accessory Dwelling Unit) potential to add a 4th income-producing stream! With off-street parking for up to 12 cars, individual utility meters, low-maintenance vinyl siding, and unparalleled versatility, this property offers a rare combination of immediate high-yield cash-flow and long-term equity growth.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of bedrooms
- 5
- Number of bathrooms
- 3
- Square feet
- 2,518
- Lot size (acres)
- 0.15
- Year built
- 1867
Interior features
- Basement
- Yes, Partially finished
Garage and parking
- Garage parking spaces
- 8
Utilities
- Heating
- Forced Air, Natural Gas
- Cooling
- Central Air
Taxes
- Tax Annual Amount (2025)
- $6,577
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: StateWide MLS MLS®#: 1414312 Last checked: …

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