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    Turnkey 5-Unit Multifamily Building Title is generated by Realmo AI

    237 Cowden Street, Central Falls, RI 02863

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    Claim this Listing
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    For Sale
    $1,200,000

    COMMERCIAL - Central Falls, RI

    Lot size:
    0.10 Acres
    Added:
    Jun 9, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 11 at 6:06 pm

    Property Features for 237 Cowden Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Rooms
    Basement
    Parking
    5
    Interior features
    Ceiling Height (7 to 9 Ft)
    Basement
    Full
    Standard status
    Active
    Lot size
    0.10 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    7352

    Utilities

    Heating system
    Forced Air
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1900
    Floors in Building
    3
    Number of units
    1

    We can help!

    Listing Contact
    Tomas Pelaez

    Listing agent Tomas Pelaez

    Listing office Keller Williams Leading Edge 28 Thurber Boulevard, Lincoln, RI

    Listing date Jun 9, 2026

    MLS# 1414946

    Copyright © 2026 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.

    HighLights

    • 5‑unit multifamily building with 4 two‑bedroom/1‑bath units and 1 four‑bedroom/2‑bath unit
    • Fully renovated with new plumbing, electrical, HVAC, insulation, kitchens, and bathrooms
    • New major systems throughout, supporting a low‑maintenance ownership profile
    • Interior ceiling height range of 7 to 9 ft
    • Forced‑air heating with window unit cooling
    • Year built: 1900

    Overview

    This turnkey 5-unit apartment building has been fully renovated, with major capital improvements completed throughout. Updates include new plumbing and electrical, new HVAC, insulation, and refreshed kitchens and bathrooms across the property. The unit mix provides four 2-bedroom, 1-bath apartments and one 4-bedroom, 2-bath apartment.

    The building is located in Central Falls, Rhode Island, at 237 Cowden Street. The surrounding area is described as being near schools, parks, restaurants, shopping, public transportation, and major employment centers.

    For investors seeking a low-maintenance multifamily asset, this property is positioned as a recently improved building with major systems addressed. The configuration supports a mix of resident household types, with four smaller units and one larger unit, all within a single renovated property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    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
    -71.3941241
    Latitude
    41.8895113

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    FAQs

    What type of property is this?
    Apartment building - Fully renovated 5-unit apartment building with updated major systems and four 2-bedroom units plus one 4-bedroom unit.
    Where is this apartment building located?
    The property is located at 237 Cowden Street Central Falls, RI.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: 5‑unit multifamily building with 4 two‑bedroom/1‑bath units and 1 four‑bedroom/2‑bath unit; Fully renovated with new plumbing, electrical, HVAC, insulation, kitchens, and bathrooms; New major systems throughout, supporting a low‑maintenance ownership profile
    (401) 333-4900
    We can help!
    Listing Contact
    Tomas Pelaez
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