Turnkey 5-Unit Apartment
237 Cowden Street Central Falls, RI 02863
237 Cowden Street, Central Falls, RI, 02863
$1,200,000
For Sale
$1,200,000
Fully renovated 5-unit building with new major systems and refreshed kitchens and baths, built for low-maintenance operation.
Days on Market40
Property Features for 237 Cowden Street
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1900
Listing Agency
Keller Williams Leading Edge
(203) 613-2629
Listed by
Tomas Pelaez
(203) 613-2629
Source
Liongatere
Added: Jun 9 Checked: Jul 17 at 10:35 am
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Investment Insights
Based on property information with market context.
This turnkey 5-unit apartment building has been fully renovated with major capital improvements completed, including new plumbing, electrical, HVAC, and insulation. Unit interiors include renovated kitchens and bathrooms throughout, supporting a ready-to-operate residential income configuration. The building’s current mix consists of four 2-bedroom, 1-bath units and one 4-bedroom, 2-bath unit.
The property is located in Central Falls, Rhode Island, and the surrounding area is described as close to schools, parks, restaurants, shopping, public transportation, and major employment centers. Access to these nearby daily conveniences can be a practical factor for tenant appeal and day-to-day living.
For investors or operators, the completed renovations and replacement of major systems are designed to reduce deferred maintenance and near-term capital expenditure risk. With all major improvements addressed and the units already refreshed, the building can be a straightforward fit for buyers seeking a stabilized multifamily asset with manageable operational demands and a clear unit mix for a range of household sizes.
The property is located in Central Falls, Rhode Island, and the surrounding area is described as close to schools, parks, restaurants, shopping, public transportation, and major employment centers. Access to these nearby daily conveniences can be a practical factor for tenant appeal and day-to-day living.
For investors or operators, the completed renovations and replacement of major systems are designed to reduce deferred maintenance and near-term capital expenditure risk. With all major improvements addressed and the units already refreshed, the building can be a straightforward fit for buyers seeking a stabilized multifamily asset with manageable operational demands and a clear unit mix for a range of household sizes.
Key Highlights
- Fully renovated 5‑unit multifamily building with major systems replaced, including plumbing, electrical, HVAC, and insulation.
- Unit mix: four 2‑bedroom/1‑bath units and one 4‑bedroom/2‑bath unit.
- Updated kitchens and bathrooms throughout the entire 100% renovated building.
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FAQs
What type of property is this?
Apartment building - Fully renovated 5-unit building with new major systems and refreshed kitchens and baths, built for low-maintenance operation.
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: Fully renovated 5‑unit multifamily building with major systems replaced, including plumbing, electrical, HVAC, and insulation.; Unit mix: four 2‑bedroom/1‑bath units and one 4‑bedroom/2‑bath unit.; Updated kitchens and bathrooms throughout the entire 100% renovated building.
