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    152 Washington St Central Falls, RI 02863

    Pending
    For Sale
    $650,000

    COMMERCIAL - Central Falls, RI

    Lot size:
    0.08 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 13 at 7:06 pm

    Property Features for 152 Washington St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Parking
    3
    Lot size
    0.08 Acres

    Building Details

    Year built
    1900
    Building materials
    Frame

    Century 21 Limitless (508) 726-3492 [email protected]

    Listing agent Kyle Seyboth (508) 726-3492

    Listing date Dec 3, 2025

    Copyright © 2025 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Central Falls Multifamily Investment Property

    This is a well-maintained 5-unit multi-family property located in Central Falls, RI. The building contains a mix of units, including two studios, one 3-bedroom, one 2-bedroom, and one 1-bedroom apartment. Each unit has been maintained and features new gas furnaces. Individual gas and electric meters are present, along with new electric panels. Tenants are responsible for their own utilities. Off-street parking is available. The property is located near major highways, public transportation, restaurants, and shopping. The lot size is 0.08 acres.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Central Falls
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.392366
    Latitude
    41.89069

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      Central Falls Commercial Property

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    FAQs

    What type of property is this?
    Apartment building - Profitable, well-maintained 5-unit multifamily property in Central Falls, RI.
    Where is this apartment building located?
    The property is located at 152 Washington St Central Falls, RI.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Profitable 5-unit multi-family property with a diverse mix of unit types.; - New gas furnaces and individual gas/electric meters, including new electric panels.; - Tenants pay their own utilities, offering a low-maintenance investment.
    (508) 726-3492
    Request Owner's contact information
    152 Washington St Central Falls, RI 02863
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    152 Washington St
    Central Falls, RI 02863
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    152 Washington St Central Falls, RI 02863
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