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Property profile & analytics
FOR SALE
Apartment buildings

116 Foundry St Central Falls, RI 02863

Built 1900
Entity Owned
Property ID
US76-0325874
Property summary
AI-generated overview

Welcome to this exceptional 5-unit multi-family property, featuring two homes on one lot, located in the heart of Central Falls, Rhode Island! This fantastic property includes four completely renovated apartments with a total of 8 bedrooms/ 4 full bathrooms at the front and a fully renovated 2-bedroom 2 Full Bathrooms single-family residence at the rear. It’s a perfect opportunity for both owner-occupants and investors. The single-family home offers 2 spacious bedrooms and 2 modern bathrooms, along with a brand-new roof for added peace of mind. Both properties have been thoughtfully updated, with stylish vinyl flooring, sleek white cabinetry, and contemporary stainless-steel appliances throughout each unit. Additionally, 3 brand-new Navien systems have been installed for energy-efficient heating and hot water. Whether you're looking for an investment opportunity or the chance to live in one unit while renting out the others, this property offers great potential. Conveniently located near Highway 95 for an easy commute, it’s just minutes from the new train station, 10 minutes from downtown Providence, and 40 minutes from Boston. Schedule your showing today and explore the possibilities!

Property profile
Verified
Property type Apartment buildings
Year built 1900
UPID US76-0325874
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Tiger Mowing LLC
Tiger Mowing LLC
since 2026
4 recorded transactions
2026
$840,000
2024
Price N/A
2023
Price N/A
2021
$100,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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