30-Unit Apartment
For Sale
$6,200,000
387 Broad Street, Central Falls, RI 02863
Commercial/Business,Commercial Sale, Central Falls, RI
Property SizeContact for details
Lot Size0.61 Acres
Days on Market98
Property Features for 387 Broad Street
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Parking
30
Lot features
Urban
Standard status
Active
Lot size
0.61 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
27790
Building Details
Year built
1900
Building materials
Brick
Listing Agency:
Century 21 Limitless · Century 21 Real Estate
(508) 567-3468
Listed By:
Kyle Seyboth · License #32535
(508) 726-3492
Added: May 21
Changed: Aug 19
Last Checked: Aug 26 at 4:06PM
MLS# 1412929
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.
Investment Insights
Based on property information with market context.
This brick apartment property contains 30 residential units with a varied mix of 22 studios, 4 one-bedroom units, and 4 two-bedroom units. Built in 1900, the building occupies 0.61 acres at 387 Broad Street in Central Falls, Rhode Island.
The property sits along Broad Street near local shops, restaurants, schools, healthcare services, and everyday amenities. Downtown Central Falls and Pawtucket dining, arts, and entertainment destinations are nearby, while Slater Memorial Park provides additional surrounding context.
Access to the Pawtucket/Central Falls Transit Center provides commuter rail service to Boston. Interstate 95, Dexter Street, Lonsdale Avenue, and Downtown Providence are also within the surrounding transportation network.
The property sits along Broad Street near local shops, restaurants, schools, healthcare services, and everyday amenities. Downtown Central Falls and Pawtucket dining, arts, and entertainment destinations are nearby, while Slater Memorial Park provides additional surrounding context.
Access to the Pawtucket/Central Falls Transit Center provides commuter rail service to Boston. Interstate 95, Dexter Street, Lonsdale Avenue, and Downtown Providence are also within the surrounding transportation network.
Key Highlights
- 30‑unit apartment building on 0.61 acres
- Unit mix includes 22 studios, 4 one‑bedroom units, and 4 two‑bedroom units
- Brick construction with a 1900 build year
Property Analytics
Property Profile
Current Use
Lease Details
30
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,552
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?
Apartment building - Brick construction with studio, one-bedroom, and two-bedroom residential layouts.
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: 30‑unit apartment building on 0.61 acres; Unit mix includes 22 studios, 4 one‑bedroom units, and 4 two‑bedroom units; Brick construction with a 1900 build year
