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.
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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
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: …

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