Mark Peris - Andrew Abu Inc Realtors Logo
Price Reduced Listing
$875,000
 $4,697 est/mo Sourced by Back At You

50 Garfield Street,Central Falls, RI 02863

Central Falls, RI 02863

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Description

Solid TURN-KEY investment opportunity! Totaling 6 Modern-style units Renovated 2-BRs,1-BAs featuring Stainless Steel Kitchens,Floors,Baths. Several Capital improvements include: New Exterior Siding,Soffits, Gutters, Plumbing, New tankless water heater and more. Equipped with New Fire Alarm and an All-around Security Camera system Fully rented with month to month leases. Estimated NOI of $103,740/year yielding a Strong 21% ROI. Fantastic location near the Lincoln Line within minutes to Interstate highways,Train Station and several Conveniences. P&L Attached. Unit video tour clip available upon request.

Details

MLS #1412765
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1900
Days On Site133
Listing Provided ByPyramid Realty Inc | Martha Habib

Features

Bed(s)8
Bath(s) 4 Total
SQ Feet3,795
BasementY
Story(s)3
Units4
Building(s)1
ZoningR-3
Acreage0.06

Interior

Rooms Total16
HeatingElectric, Natural Gas, Baseboard, Forced Water
Heating Yes / NoYes
CoolingNone
Cooling Yes / NoNo
AppliancesOven, Range, Refrigerator, Electric Water Heater, Gas Water Heater
Interior FeaturesWall (Dry Wall), Wall (Plaster), Plumbing (Mixed), Plumbing (PVC)
Fireplaces Total0
Laundry FeaturesOff Site

Exterior

Foundation DetailsConcrete Perimeter, Mixed
Community FeaturesBus, Highway Access, Hospital, Interstate, Public School, Railroad, Schools
Construction MaterialsDry Wall, Plaster, Vinyl Siding

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo
Parking FeaturesNo Garage

Utilities

UtilitiesSewer Connected, Water Connected
SewerAvailable
Electric100 Amp Service

Location

Community FeaturesBus, Highway Access, Hospital, Interstate, Public School, Railroad, Schools

Taxes

Tax Annual Amount6000
Tax Assessed Value283300
Tax Lot326
Tax Year2025

Area Information

StateRI
CountyProvidence
CityCentral Falls
Zip Code02863
AreaProvidence
Listing VS Median (in 02863)
Price:
$875,000
low | high
Med:
$497,000
93.2% of Average
sqft:
3,795
low | high
Med:
1,812
100% of Average
$ / sqft:
$231
low | high
Med:
$274
31.039735099338% of Average
On site:
133
low | high
Med:
21
100% of Average
Sourced by Back At You

Market Activity 02863

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Additional Information

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Learn More About This Property

Mark Peris

Mark Peris

Andrew Abu Inc

9033838 (508) 523-6239mark@andrewabu.com
StateRI
CountyProvidence
CityCentral Falls
Zip Code02863
AreaProvidence
Listing VS Median (in 02863)
Price:
$875,000
low | high
Med:
$497,000
93.2% of Average
sqft:
3,795
low | high
Med:
1,812
100% of Average
$ / sqft:
$231
low | high
Med:
$274
31.039735099338% of Average
On site:
133
low | high
Med:
21
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $656K - $1.93M
sqft: 2,500 - 4,500
Nearby Listings Property ImageNearby Listings Details
50 Garfield Street Property Photo 1
$949,000
50 Garfield Street
Central Falls, RI 02863
Listing Updated: October 1, 2026 at 5:01:45 AM PDT