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50 Garfield Street

Central Falls, RI 02863

$895,000 PRICE Reduced by $54,000
8 Beds
4 Baths
3,795 Sqft
0.06 Acres
1900 Built

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.

Additional Information

ADDITIONAL INFORMATION

BASEMENT DESCRIPTION: Full, Interior Entry, Unfinished
DAYS ON MARKET: 86
ELECTRICAL FEATURES: 100 Amp Service
LIVING AREA SQFT: 3795
ON MARKET DATE: 2026-05-21
PARKING: No Garage
PARKING SPACES: 2
STYLE: Stacked
TAX AMOUNT: $6,000
TAX YEAR: 2025
TYPE: Residential Income
UNIT COUNT: 4
UTILITIES: Sewer Available, Sewer Connected, Water Connected
YEAR BUILT: 1900

INTERIOR/EXTERIOR FEATURES

APPLIANCES INCLUDED: Electric Water Heater, Gas Water Heater, Oven, Range, Refrigerator, Water Heater
BEDS: 8
CONSTRUCTION MATERIALS: Plaster, Vinyl Siding
FLOORING: Laminate
FOUNDATION: Combination, Concrete Perimeter
FULL BATHS: 4
HEAT: Natural Gas, Baseboard, Electric, Hot Water
LIVING SQFT SOURCE: Public Records
ROOMS: 16

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Rhode Island

Rhode Island, Rhode Island

The coastal state of Rhode Island, known as "The Ocean State," represents one of New England's most distinctive living destinations. Measuring just 48 miles from north to south and 37 miles from east to...

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William Pitt Sotheby's International Realty

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The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than William Pitt Sotheby's International Realty are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Data is updated as of 08/15/2026. Listed By: Martha Habib of Pyramid Realty Inc (401.323.4315).