Three-Unit Multifamily
For Sale
$669,900
35 Rand Street, Central Falls, RI 02863
Legal three-family property with spacious units, substantial parking, and multiple residential layouts.
Property SizeContact for details
Days on Market151
Property Features for 35 Rand Street
General Information
Standard status
Active
Property subtype
Multi-family
Lease Term
[]
Additional Details
Public Transit
Yes
Multifamily Units
3
Building Details
Year Built
1900
Listing Agency:
RE/MAX Professionals
Listed By:
Nelson Esteves
(401) 619-8222
Source:
Teridegnan
Added: Mar 10
Changed: Aug 4
Last Checked: Aug 7 at 12:50AM
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 RE/MAX Professionals
Investment Insights
Based on property information with market context.
Built in 1900, this legal three-family property offers a varied unit configuration across the building. The first-floor residence includes a large kitchen with dining area, double parlor, and a combined three- to four-bedroom layout. A seven-bedroom townhouse-style unit occupies the second and third floors, while the basement contains a separate two-bedroom unit with electric heat. Navien heating systems have been updated for the other residences.
The property sits on a large lot with ample parking and is located near a train station, shopping, and schools. Solar panels serving the first-floor unit are subject to a remaining 9-year lease, which the buyer is expected to assume. A zoning certificate is available for the basement unit.
The property sits on a large lot with ample parking and is located near a train station, shopping, and schools. Solar panels serving the first-floor unit are subject to a remaining 9-year lease, which the buyer is expected to assume. A zoning certificate is available for the basement unit.
Key Highlights
- Legal 3‑family property built in 1900
- Seven‑bedroom townhouse‑style unit across the 2nd and 3rd floors
- First‑floor unit with large kitchen, dining area, and double parlor
Property Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,453
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Legal three-family property with spacious units, substantial parking, and multiple residential layouts.
Where is this triplex located?
The property is located at 35 Rand Street Central Falls, RI.
What is the asking price?
The asking price for this property is $669,900.
What are key features of this property?
This property features: Legal 3‑family property built in 1900; Seven‑bedroom townhouse‑style unit across the 2nd and 3rd floors; First‑floor unit with large kitchen, dining area, and double parlor
