18 Pacific Street
Central Falls, RI 02863
- 7 beds
- 5 baths
- – sqft
- 5,227 sqft lot
- 1901 build
Discover an exceptional investment opportunity at 16-18 Pacific St. in Central Falls, featuring two buildings on a single lot. The front property is a well-maintained, 1,180 sq/ft single-family home offering 3 bedrooms, 2.5 bathrooms, and is currently rented at $2,200 per month. This move-in-ready home boasts maintenance-free vinyl siding and plenty of off-street parking. Behind the single-family home sits a versatile 2-unit multi-family building, ready to generate additional rental income. The first and second-floor units are vacant and move-in ready, while the third floor attic space could use some finishing touches to reach its full income potential. This unique setup offers great flexibility for an investor looking to owner-occupy while renting the other units, or for those seeking to expand their portfolio with a property that can start generating returns immediately. Whether you're a seasoned investor or new to real estate, this property's potential is hard to match. Don't miss out on this opportunity schedule your showing today!
Listing courtesy of RIMLS / HomeSmart Professionals
Last checked:
Checking…
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Last updated Nov 19, 2024
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MLS# 1372324 —
The Building
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Year Built:1901
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New Construction:false
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Building Area Total:4960.0
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Construction Materials:Drywall,Plaster,VinylSiding
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Structure Type:Apartment
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Foundation Details:Stone
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Stories Total:3
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Basement:ExteriorEntry,Full,InteriorEntry,Unfinished
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Basement:true
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Window Features:Skylights
Interior
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Interior Features:Bathtub,Skylights,StallShower,TubShower
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Flooring:Carpet,CeramicTile,Hardwood,Laminate,Vinyl
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Fireplace:false
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Fireplace Features:None
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Laundry Features:CommonArea
Room Dimensions
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Living Area Source:PublicRecords
Location
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Latitude:41.886617
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Longitude:-71.386236
The Property
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Property Type:ResidentialIncome
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Property Sub Type:MultiFamily
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Lot Size Acres:0.12
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Lot Size Area:5227.0
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Lot Size Square Feet:5227.0
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Lot Size Units:SquareFeet
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Parcel Number:18PACIFICSTCFLS
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Zoning:R-3
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Frontage Length:60
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (401) 743-2210
- Office phone:
- (401) 921-5011
Taxes
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Tax Year:2024
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Tax Annual Amount:7088.0
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Tax Assessed Value:376800
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Tax Lot:121
Beds
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Bedrooms Total:7
Baths
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Bathrooms Total:5
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Bathrooms Full:4
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Bathrooms Half:1
The Listing
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Virtual Tour URL Unbranded:https://tour.RiLiving.com/18-Pacific-Street-Central-Falls-RI-02863
Heating & Cooling
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Heating:Baseboard,Gas,HotWater,Oil,Steam,SpaceHeater
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Heating:true
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Cooling:WindowUnits
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Cooling:true
Utilities
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Utilities:SewerConnected
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Electric:Amps100
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Sewer:Connected,PublicSewer
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Water Source:Connected,Public
Appliances
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Appliances:Dryer,GasWaterHeater,Oven,Range,Refrigerator,WaterHeater,WaterHeaterRented,Washer
The Community
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Senior Community:false
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Association Fee Frequency:Annually
Parking
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Parking Total:6.0
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Parking Features:NoGarage
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Garage:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/18/24
Nov 18, 2024
|
Listed / Active | RIMLS | $575,000 |