85 Hendricks Street, Central Falls, RI 02863
MULTI_FAMILY - Central Falls, RI
- Added:
- Mar 17, 2026
- Days on Market:
- 99
- Last Refresh:
- Jun 23 at 8:06 am
Property Features for 85 Hendricks Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Bedrooms
- 9
- Bathrooms
- 3
- Rooms
- Bedroom 8, Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 6, Bedroom 7, Bedroom 1, Bedroom 4, Bedroom 9, Bathroom 1, Bedroom 2, Bathroom 3, Basement
- Parking
- 8
- Basement
- Unfinished, Full
- Appliances
- Gas Water Heater
- Standard status
- Pending
- Size
- 2,995 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6466
Utilities
- Heating system
- Natural Gas, Baseboard
Building Details
- Year built
- 1895
- Number of units
- 3
- Flooring type
- Laminate, Hardwood
- Building materials
- Wood
Listing agent Kyle Seyboth License #REB.0794296 (508) 726-3492
Listing office Century 21 Limitless 969 Waterman Avenue, Suite 1, East Providence, RI (508) 567-3468
Listing date Mar 17, 2026
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.
HighLights
- Three‑unit multi‑family home with immediate rental income potential.
- Each unit features three bedrooms and one full bathroom.
- Enjoy the convenience of off‑street parking and a detached garage.
- Convenient location close to restaurants, shops, and amenities.
- Easy access to Interstate 95 and U.S. Route 1 for commuting.
- Large yard with a shed.
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $76.2k | $25.44 |
| − Vacancy | −$5.0k | −$1.65 |
| EGI | $71.2k | $23.79 |
| − OpEx | −$21.4k | −$7.14 |
| NOI | $49.9k | $16.65 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Central Falls
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.404657
- Latitude
- 41.888162
