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Three-Building Multifamily Package
For Sale
Contact for pricing
Pending

54 - 58 60 Parker St, Central Falls, RI 02863

Well-maintained 10-unit, three-building package with shared rear parking for all units.

Property SizeContact for details
Days on Market137

Property Features for 54 - 58 60 Parker St

General Information

Standard status Pending
Property subtype Special Purpose

Additional Details

Cap Rate 8%
Highway Access Yes
Multifamily Units 10
Listing Agency: Century 21 The Seyboth Team
Listed By: Kyle Seyboth · License #RI, MA
Source: Crexi
Added: Apr 12 Changed: Aug 16 Last Checked: Aug 24 at 4:50AM

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 Century 21 The Seyboth Team

Investment Insights

Based on property information with market context.

This well-maintained three-building multifamily package totals 10 units. Building “54 Parker” includes four units in the front building and two units in the rear building. Buildings “58-60 Parker” contain an additional four units. Shared parking is located in the rear for all units across the package.

The property is located in the heart of Central Falls, with easy access to major highways, shopping, and other amenities.

Assessment figures provided for 2021 include $279,700 for 54 Parker with taxes of $6,646, and $236,800 for 58-60 Parker with taxes of $5,579.

Key Highlights

  • Package deal: 10 units across three buildings (54 Parker and 58–60 Parker)
  • 54 Parker: 4 units in the front building and 2 units in the rear building
  • 58–60 Parker: additional 4 units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Carpet & Flooring Store Acupuncture (Bike/Boat/Book/etc) Store Florist Veterinary Clinic Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

879
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained 10-unit, three-building package with shared rear parking for all units.
Where is this apartment building located?
The property is located at 54 - 58 60 Parker St Central Falls, RI.
What are key features of this property?
This property features: Package deal: 10 units across three buildings (54 Parker and 58–60 Parker); 54 Parker: 4 units in the front building and 2 units in the rear building; 58–60 Parker: additional 4 units
(508) 726-3492 Call to check price and availability
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