Homes for sale - 116 Foundry ST, Central Falls, RI 02863

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HomeSmart Professionals Real Estate

broker@therhodehome.com +1(401) 921-5011

$ 899,000

Est. payment | -/mo

10 Beds

6 Baths

5,410 SqFt

Save

$ 899,000

Est. payment | -/mo

Save

10 Beds

6 Baths

5,410 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 5,410 sqft

Price per Sqft $166

MLS Listing ID 1389308

Bedrooms 10

Full Baths 6

HOA Y/N No

Abv Grd Liv Area 5,410

Year Built 1900

Annual Tax Amount $8,036

Tax Year 2025

Lot Size 5,000 Sqft

Acres 0.1148

Property Sub-Type Multi Family

Property 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.

Location

State RI

County Providence

Zoning R-3

Rooms

Basement Full, Interior Entry, Unfinished

Interior

Interior Features Interior Steps, Stall Shower, Tub Shower

Heating Gas

Cooling None

Flooring Vinyl

Fireplaces Type None

Inclusions 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

Fireplace No

Appliance Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer

Laundry Common Area

Exterior

Community Features Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Sidewalks

Total Parking Spaces 6

Garage No

Building

Foundation Brick/Mortar

Sewer Public Sewer

Water Connected, Public

Structure Type Drywall,Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 116FOUNDRYSTCFLS

Listed by Smith and Oak Real Estate Co.

Nearby Locations

SCHOOLSPROPERTIES

Elementary Schools 20

9

Saylesville Elementary School

Public | KG - 5
8

Blackstone Valley Preparatory

Public | KG - 4
7

Blackstone Valley Preparatory

Public | 5 - 8
7

B.F. Norton Elementary School

Public | KG - 5
7

Flora S. Curtis Elementary School

Public | PK - 5
6

Marieville School

Public | KG - 5
6

Garvin Memorial

Public | KG - 5
6

Robert J. Coelho Middle School

Public | 5 - 8
5

Lonsdale Elementary School

Public | PK - 5
5

Nathanael Greene Elementary School

Public | PK - 5
5

The Learning Community

Public | KG - 8
5

International Charter School

Public | KG - 5
5

Francis J. Varieur Elementary School

Public | KG - 5
5

Henry J. Winters Elementary School

Public | KG - 5
5

Fallon Memorial Elementary School

Public | PK - 5
5

Hill-Roberts Elementary School

Public | KG - 4
4

Agnes E. Little Elementary School

Public | KG - 5
4

Potter-Burns Elementary School

Public | KG - 5
3

M. Virginia Cunningham Elementary School

Public | KG - 5
2

Veterans Memorial Elementary School

Public | 1 - 4

Middle Schools 6

5

Joseph L. Mccourt Middle School

Public | 6 - 8
4

Segue Inst for Learning

Public | 6 - 8
4

Lyman B. Goff Middle School

Public | 6 - 8
3

Esek Hopkins Middle School

Public | 6 - 8
2

Joseph Jenks Middle School

Public | 6 - 8
1

Samuel Slater Middle School

Public | 6 - 8

High Schools 8

6

Blackstone Academy Charter

Public | 9 - 12
5

Jacqueline M. Walsh School

Public | 9 - 12
4

Central Falls Sr High School

Public | 9 - 12
1

Charles E. Shea Senior High School

Public | 9 - 12
1

William E. Tolman Senior High School

Public | 9 - 12
0

Bishop Keough Regional High School

Private | 9 - 12
0

Sheila Skip Nowell Leadership

Public | 9 - 12
0

St Raphael Academy

Private | 9 - 12

School and business data provided by Attom Data.

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+1(401) 921-5011

broker@therhodehome.com

100 Quaker Lane, Warwick, RI, 02886

116 Foundry ST Central Falls, RI 02863