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Listed price in listed location currency (USD).
$899,000

1066

MLS® 1389308

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $8,036
Lot Size 0.1148 acres
Approx. Age 1900
MLS® Number 1389308

Property Address: 116 Foundry St, Central Falls, RI, 02863-2208

Average square foot calculated using Size range provided by listing agent.

Description

New Everything. NOI over $110K+, Cap Rate over 11%, 5 Total Units, $11, 225 gross monthly rent. (1) Single Family with 2BR/2BA across 850 +/- sq. Ft. Currently rented at $3000 per month. (1) 4-Unit building. Unit 1 is a 3BR/1BA across 1, 140 +/- sq. Ft. And is vacant [MARKET $2, 800 p/month]. Unit 2 is the same layout, occupied [$2, 500 p/month]. The third floor is split into (2) 1BR/1BA units, both currently occupied [3L: $1, 375 p/month, 3R: $1, 550 p/month]. Don't let this opportunity slip. Brand new: plumbing, electrical, insulated windows, roof* siding, 3 navien tankless heat/hot water, flooring, kitchens, bathrooms, smoke detectors, light and plumbing fixtures. *Back house has brand new roof (archetectural shingles), 4-unit has flat, rubber roof in great condition. Maintenance free investment is a great addition to your portfolio in a growing market. Inquire about transferable property management available at discounted rate.
MLS® Number1389308
Laundry LevelCommon Area
Central VacNo
FireplaceNo
Acreage0.1148
Exterior
GarageNo
Approx. Age1900
BasementFull, Interior Entry, Unfinished
DrivewayNo Garage
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

FIVE LEGAL UNITS. (1) 4 family, and (1) Stand-alone single-family home in the backyard is a 2 bed/2 bath and is currently rented as an AIRBNB. There are

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Price History

-End Date
-Sold Price

Pending

Jul 8, 2025List Date
$899,000List Price
  • Commute

Commute

Starting Address
Destination Address
116 Foundry St, Central Falls, RI

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