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    152 Washington St Central Falls, RI 02863

    New
    Pending
    For Sale
    $650,000

    Apartment,Multi Family - Central Falls, RI

    Property size:
    5,195 SF
    Lot size:
    0.08 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 152 Washington St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    Bathrooms
    4
    Parking
    3
    Size
    5,195 SF
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Space Heater

    Building Details

    Year built
    1900
    Number of units
    4
    Flooring type
    Laminate
    Building materials
    Vinyl Siding
    Architectural style
    Other

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

    Listing agent Kyle Seyboth (508) 567-3468

    Listing date Dec 3, 2025

    MLS# 1399024 Listing URL

    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, Rhode Island. The building contains a mix of unit types, including two studios, one 3-bedroom, one 2-bedroom, and one 1-bedroom apartment. The property has been thoughtfully maintained, with new gas furnaces throughout. Each unit is equipped with individual gas and electric meters, along with new electric panels. Tenants are responsible for their own utilities. The building provides off-street parking. The property is conveniently located near major highways, public transportation, restaurants, and shopping. The property is situated on a lot of 0.08 acres and the building size is 5195 square feet. This property presents an opportunity for a turn-key investment in a rental market with cash flow and long-term potential.
    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

    Nearby Similar for Sale

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      Central Falls Multifamily Investment Property

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained 5-unit property in Central Falls, an excellent investment opportunity.
    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, well-maintained 5-unit multi-family property offering a diverse mix of unit types.; - Tenants pay their own utilities (gas and electric), resulting in low-maintenance and income generation.; - **New gas furnaces throughout and new electric panels enhance efficiency and convenience.**
    (508) 567-3468
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    152 Washington St Central Falls, RI 02863
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    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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