Renovated Multi-Family Central Falls
For Sale
Contact for pricing
116 Foundry Street, Central Falls, RI 02863
Five units, renovated, great location, investment or owner-occupancy opportunity.
Property SizeContact for details
Days on Market755
Property Features for 116 Foundry Street
General Information
Standard status
Active
Total Parking Spaces
6
Property subtype
Land
Building Details
Year Built
1900
Buildings
2
Units
5
Listing Agency:
Re/Max Innovations
Listed By:
The Alba Group
Source:
Crexi
Added: Oct 3, 2024
Changed: Oct 25
Last Checked: Oct 26 at 3:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Re/Max Innovations
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Investment Insights
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This multi-family property features two homes on one lot and is located in Central Falls, Rhode Island. The property includes four renovated apartments with a total of 8 bedrooms and 4 full bathrooms at the front, and a renovated 2-bedroom, 2-bathroom single-family residence at the rear. The single-family home features 2 bedrooms and 2 modern bathrooms, along with a new roof. Both properties have been updated with vinyl flooring, white cabinetry, and stainless-steel appliances throughout each unit. Three new Navien systems have been installed for energy-efficient heating and hot water. The property is suitable for owner-occupants and investors. It is located near Highway 95, minutes from the new train station, 10 minutes from downtown Providence, and 40 minutes from Boston.
Key Highlights
- 5‑unit multi‑family property with two homes on one lot: four renovated apartments and a single‑family residence.
- Fully renovated units feature stylish vinyl flooring, sleek white cabinetry, and stainless‑steel appliances.
- Single‑family home features 2 bedrooms, 2 modern bathrooms, and a brand‑new roof.
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,236
Businesses Nearby
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Business Placement
Demographics for 02863, RI
22,596
Population
8,341
Households
2.7
Avg Household Size
32
Median Age
12%
College-Educated
60%
High-School Grad
1.2 sq mi
ZIP Area
18,830
Density / Sq Mi
$45,921
Median Household Income
$30,050
Median Earnings
$1,118
Median Rent
$300,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Five units, renovated, great location, investment or owner-occupancy opportunity.
Where is this apartment building located?
The property is located at 116 Foundry Street Central Falls, RI.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 5‑unit multi‑family property with two homes on one lot: four renovated apartments and a single‑family residence.; Fully renovated units feature stylish vinyl flooring, sleek white cabinetry, and stainless‑steel appliances.; Single‑family home features 2 bedrooms, 2 modern bathrooms, and a brand‑new roof.
