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Fully Renovated Multifamily Building

387 Broad Street Central Falls, RI 02863

387 Broad Street, Central Falls, RI, 02863
$6,200,000
For Sale
$6,200,000

30 fully renovated units with studio, one-, and two-bedroom layouts along Broad Street.

Days on Market59

Property Features for 387 Broad Street

General Information

Standard status
Active
Property subtype
Commercial

Building Details

Year Built
1900
Listing Agency Century 21 Limitless
Listed by Kyle Seyboth · License #REC.0005226
Source Liongatere
Added: May 21 Checked: Jul 17 at 10:22 am

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 Century 21 Limitless


Investment Insights

Based on property information with market context.

This fully renovated 30-unit residential building offers modern finishes and spacious layouts across a well-balanced unit mix. The current composition includes 22 studio units, 4 one-bedroom units, and 4 two-bedroom units, giving ownership flexibility to appeal to a range of renter needs. The property is described as turnkey with updated interiors throughout, positioning it for immediate hands-on or managed operations.

Located along the highly traveled Broad Street corridor in Central Falls, the building provides convenient access to local shops, restaurants, and everyday amenities. It is minutes from Downtown Central Falls and close to Pawtucket dining, arts, and entertainment options. Commuter rail access is supported by proximity to the Pawtucket/Central Falls Transit Center.

With studios through two-bedroom homes, the tenant roster can reflect both singles and households seeking different space needs. The central access to Interstate 95, Dexter Street, and Lonsdale Avenue further supports practical day-to-day connectivity for residents. Additional nearby conveniences referenced include Slater Memorial Park, schools, healthcare, and Downtown Providence.

Key Highlights

  • Fully renovated 30‑unit residential building (year built 1900) in Central Falls
  • Unit mix: 22 studio units, 4 one‑bedroom units, and 4 two‑bedroom units
  • Renovated with updated interiors and spacious layouts throughout

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Skin Care Clinic Carpet & Flooring Store Veterinary Clinic Garden Center Locksmith Catering Service Plumbing Service Tech Support Center Tanning Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - 30 fully renovated units with studio, one-, and two-bedroom layouts along Broad Street.
Where is this apartment building located?
The property is located at 387 Broad Street Central Falls, RI.
What is the asking price?
The asking price for this property is $6,200,000.
What are key features of this property?
This property features: Fully renovated 30‑unit residential building (year built 1900) in Central Falls; Unit mix: 22 studio units, 4 one‑bedroom units, and 4 two‑bedroom units; Renovated with updated interiors and spacious layouts throughout
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