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Two-Family Duplex with Four-Car Garage
For Sale
$600,000

57 Rand Street, Central Falls, RI 02863

Two three-bedroom residences sit on a 7,400-square-foot parcel with off-street parking and a third-level studio conversion opportunity.

Property SizeContact for details
Lot Size0.17 Acres
Days on Market8

Property Features for 57 Rand Street

General Information

Standard status Active
Lot size 0.17 Acres
Property subtype Multi-family
Lease Term []

Units

Unit Mix 2 x 3BR
Multifamily Units 2

Building Details

Year Built 1900
Buildings 1
Listing Agency: August Associates,LLC
Listed By: Joe McCarthy
Source: Teridegnan
Added: Oct 20 Changed: Oct 26 Last Checked: Oct 26 at 5:15PM

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 August Associates,LLC

Rey
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Investment Insights

Based on property information with market context.

This duplex contains two three-bedroom units, each with an open living and dining area, a pantry, two bay windows, high ceilings, and insulated vinyl windows. Gas boilers have been serviced, and the third level offers space with potential for studio use. The building dates to 1900.

The 7,400-square-foot lot provides off-street parking and outdoor space. A four-car garage adds additional storage or workshop capacity alongside the two residential units.

Key Highlights

  • Two three‑bedroom units, each with open living and dining areas
  • Four‑car garage provides space for storage or workshop use
  • 7,400‑square‑foot lot with off‑street parking

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,453
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
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two three-bedroom residences sit on a 7,400-square-foot parcel with off-street parking and a third-level studio conversion opportunity.
Where is this duplex located?
The property is located at 57 Rand Street Central Falls, RI.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Two three‑bedroom units, each with open living and dining areas; Four‑car garage provides space for storage or workshop use; 7,400‑square‑foot lot with off‑street parking
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