116 Foundry St Central Falls, RI 02863
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 116 Foundry St
- Year built
- 1900
- Property type
- Commercial real estate
Description
This exceptional Central Falls, Rhode Island property presents a unique investment opportunity. Situated on a 5,000 square foot lot at 116 Foundry Street, this mixed-use property boasts two buildings: a four-unit multi-family home and a separate single-family residence. The multi-family building comprises four completely renovated apartments, each featuring modern amenities including stylish vinyl flooring, sleek white cabinetry, and contemporary stainless-steel appliances. These units offer a total of eight bedrooms and four full bathrooms. The single-family home, also fully renovated, includes two spacious bedrooms and two modern bathrooms, complemented by a brand-new roof. Three new Navien systems provide energy-efficient heating and hot water across the property. Conveniently located near Highway 95, this property offers easy access to commuting routes, the new train station, downtown Providence (10 minutes away), and Boston (40 minutes away). Built in 1900, this property is ideal for both owner-occupants seeking rental income and investors looking for a strong return. The asking price is $950,000. This is a rare opportunity to acquire a well-maintained, high-yield property in a desirable location. The property's combination of renovated units and convenient location makes it an attractive investment prospect with significant potential for future growth.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Central Falls
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.3886287
- Latitude
- 41.889379
