80 Central St

Central Falls, RI 02863 Directions
$320,000
  • 1975Built

Property Highlights

  • Days on Market: 16
  • MLS: 1212509

Property Highlights

  • Days on Market: 16
  • MLS: 1212509

Attractive and very well maintained 6-Unit income property in Central Falls near the Pawtucket border. One of the few multi-family properties in the area built in the second half of the 20th century, this building offers a sound structure, newer roof (3 years old), less than 10 years old double-pane windows, new hot water tank, new circulator, new coin-op laundry appliances. Two out of the six units are Section 8, occupied since 1992 by the same families with no issues. 8.75% Cap Rate when considering an 8% management fee. Highest and Best Offers are due by end of the day on Monday, January 14th.

Property Highlights

  • Days on Market: 16
  • MLS: 1212509

Attractive and very well maintained 6-Unit income property in Central Falls near the Pawtucket border. One of the few multi-family properties in the area built in the second half of the 20th century, this building offers a sound structure, newer roof (3 years old), less than 10 years old double-pane windows, new hot water tank, new circulator, new coin-op laundry appliances. Two out of the six units are Section 8, occupied since 1992 by the same families with no issues. 8.75% Cap Rate when considering an 8% management fee. Highest and Best Offers are due by end of the day on Monday, January 14th.

Attractive and very well maintained 6-Unit income property in Central Falls near the Pawtucket border. One of the few multi-family properties in the area built in the second half of the 20th century, this building offers a sound structure, newer roof (3 years old), less than 10 years old double-pane windows, new hot water tank, new circulator, new coin-op laundry appliances. Two out of the six units are Section 8, occupied since 1992 by the same families with no issues. 8.75% Cap Rate when considering an 8% management fee. Highest and Best Offers are due by end of the day on Monday, January 14th.

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  • Additional Information
    • Electrical: 60 Amps
    • Gross Expenses: 28330.0000
    • Gross Income: 64800
    • Historic?: None
    • Present Use: 6-Unit
    • Road Description: Black Tar
    • Sewer: Connected
    • Status: Active
    • Type: Commercial Multi and Mixed Use Listings
    • Utilities: Electric, Gas
    • Year Built: 1975
    • Zoning: R-3
  • Interior/Exterior Features
    • Cooling: Wall Unit
    • Foundation: Concrete
    • Heat: Baseboard
    • Laundry Room: Common
    • Levels: 3
    • Stories: 3

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 01/24/2019. Listed By: C-21 Butterman & Kryston.

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