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Renovated 6-Unit Apartment Building
For Sale
$1,100,000

207 Cross St, Central Falls, RI 02863

Updated units, a garage, and off-street parking support an established multifamily rental configuration.

Property SizeContact for details
Days on Market16

Property Features for 207 Cross St

General Information

Standard status Active
Total Parking Spaces 6

Additional Details

Multifamily Units 6

Taxes and HOA fees

Annual Taxes $6,135
Listing Agency: N.E. Commercial RE Brokers
Listed By: Robert Berle
Source: Exprealty
Added: Aug 27 Changed: Sep 7 Last Checked: Sep 11 at 12:46PM

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 N.E. Commercial RE Brokers

Investment Insights

Based on property information with market context.

This renovated apartment property in Central Falls, RI, contains six units with updated interiors and a history of rental performance. The improvements are complemented by a one-car garage and five off-street parking spaces, providing dedicated vehicle storage and parking for residents.

Located at 207 Cross St, the property offers a compact multifamily configuration with established rental use and renovated unit interiors.

Key Highlights

  • Six‑unit apartment property in Central Falls, RI
  • Renovated property with updated unit interiors
  • One‑car garage included

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Carpet & Flooring Store Acupuncture Pet Grooming Service Garden Center Locksmith

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

1,629
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Updated units, a garage, and off-street parking support an established multifamily rental configuration.
Where is this apartment building located?
The property is located at 207 Cross St Central Falls, RI.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Six‑unit apartment property in Central Falls, RI; Renovated property with updated unit interiors; One‑car garage included
More about this property
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