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Renovated Three-Family Home
For Sale
$750,000

38 Fletcher Street Central, Central Falls, RI 02863

Each residence offers three bedrooms, separate utilities, and stainless-steel kitchen appliances.

Property SizeContact for details
Days on Market142

Property Features for 38 Fletcher Street Central

General Information

Standard status Active
Property subtype Multi-Family

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 3 x 3BR
Multifamily Units 3

Amenities

Baseboard
Gas
Gas Water Heater
Microwave
Oven
Range
Refrigerator
Sewer Connected

Building Details

Year Built 1910
Buildings 1
Stories 3
Listing Agency: RE/MAX Properties
Listed By: Rachel Baptista Da Moeda · License #RES.0042193
Source: Kw
Added: May 14 Changed: Oct 1 Last Checked: Oct 1 at 8:02AM

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 Properties

Investment Insights

Based on property information with market context.

This legal three-family property contains three-bedroom units, each updated with new windows, flooring, granite countertops, and stainless-steel appliances. Building improvements include new heating, plumbing, electrical systems, and a roof. Baseboard heat and gas service are noted, along with a gas water heater and connected sewer service.

The property was built in 1910 and has parking at the rear. It was formerly configured as a legal four-family residence; a return to that arrangement would require fire-code compliance.

Key Highlights

  • Legal three‑family property with three bedrooms in each unit
  • All units renovated with new windows, flooring, granite counters, and stainless‑steel appliances
  • New heating, roof, plumbing, and electrical systems

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Carpet & Flooring Store Veterinary Clinic Pet Grooming Service Garden Center

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

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,011
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
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Each residence offers three bedrooms, separate utilities, and stainless-steel kitchen appliances.
Where is this triplex located?
The property is located at 38 Fletcher Street Central Central Falls, RI.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Legal three‑family property with three bedrooms in each unit; All units renovated with new windows, flooring, granite counters, and stainless‑steel appliances; New heating, roof, plumbing, and electrical systems
More about this property
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