Sold

116 Foundry Street, Central Falls, RI 02863

Beds
10
Baths
6
Sqft
5,410

View property features, location on map, relevant school information and overview from seller's agent.

Listed bySmith and Oak Real Estate Co.
  • 1
  • 0

Overview

New Everything. NOI over $110K+, Cap Rate over 11%, 5 Total Units, $11,225 gross monthly rent. (1) Single Family with 2BR/2BA across 850 +/- sq. ft. currently rented at $3000 per month. (1) 4-Unit building. Unit 1 is a 3BR/1BA across 1,140 +/- sq. ft. and is vacant [MARKET $2,800 p/month]. Unit 2 is the same layout, occupied [$2,500 p/month]. The third floor is split into (2) 1BR/1BA units, both currently occupied [3L: $1,375 p/month, 3R: $1,550 p/month]. Don't let this opportunity slip. Brand new: plumbing, electrical, insulated windows, roof* siding, 3 navien tankless heat/hot water, flooring, kitchens, bathrooms, smoke detectors, light and plumbing fixtures. *Back house has brand new roof (archetectural shingles), 4-unit has flat, rubber roof in great condition. Maintenance free investment is a great addition to your portfolio in a growing market. Inquire about transferable property management available at discounted rate.

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
3
Number of bedrooms
10
Number of bathrooms
6
Square feet
5,410
Lot size (acres)
0.11
Year built
1900

Interior features

Basement
Yes, Unfinished

Utilities

Heating
Natural gas
Cooling
None
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2025)
$8,036

Public schools

Loading

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®#: 1389308 Last checked:

The data relating to real estate for sale on this website comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by Smith and Oak Real Estate Co. are marked with the MLS logo and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site other than by a consumer seeking to purchase real estate is prohibited.