30 Ledge St Central Falls, RI 02863
This exceptional investment opportunity presents itself in the form of a mixed-use property located at 30 Ledge Street, Central Falls, Rhode Island, 02863. The property, encompassing a substantial 11,000 square feet lot, features two buildings constructed in 1900. The buildings currently house a total of six units, providing immediate rental income potential. Adding to the property's appeal is the inclusion of ten garages and ample parking, a significant advantage in a densely populated area. The asking price for this property is $750,000. It's important to note that the property is being sold "as is, where is" and is subject to court approval and the possibility of higher and better offers. This presents a unique chance for a savvy investor to acquire a well-situated property with considerable upside potential. The property's location in Central Falls, Providence County, offers convenient access to local amenities and transportation routes. The substantial lot size also allows for potential future development or expansion, subject to local zoning regulations. This is a rare opportunity to acquire a multi-unit property with significant parking in a desirable location. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.