7 Elm Street
Central Falls, RI 02863
- 11 beds
- 6 baths
- 3,040 sqft
- 9,583 sqft lot
- $222 per sqft
- 1920 build
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Welcome to this versatile 4-family home in Central Falls, Rhode Island. A prime investment opportunity with consistent occupancy. Each of the four units offers approximately 760 square feet of living space, catering to diverse needs with varying bedroom and bathroom counts. This flexibility makes the property ideal for couples, individuals, and families of all sizes. All units are currently occupied on a month-to-month basis, ensuring steady rental income and offering potential for future lease adjustments. The property features the convenience of off-street parking, a rare find in the area, providing added value for tenants. Situated close to major highways and local amenities, this location ensures easy access to schools, shopping, dining, and entertainment options, enhancing the appeal for current and prospective tenants. Don't miss out on this fantastic investment in Central Falls, offering both stability and growth potential!
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Last updated Jan 7, 2025
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MLS# 1359551 —
The Building
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Year Built:1920
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New Construction:false
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Building Area Total:3040.0
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Construction Materials:AluminumSiding
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Structure Type:Apartment
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Basement:Full,InteriorEntry,Unfinished
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Basement:true
Interior
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Flooring:Hardwood,Laminate
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Fireplace:false
Room Dimensions
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Living Area Source:Owner
Location
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Latitude:41.885852
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Longitude:-71.384575
The Property
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Property Type:ResidentialIncome
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Property Subtype:MultiFamily
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Lot Size Acres:0.22
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Lot Size Area:9583.0
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Lot Size Square Feet:9583.0
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Lot Size Units:SquareFeet
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Parcel Number:7ELMSTCFLS
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (508) 726-3492
- Office phone:
- (401) 415-8527
Taxes
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Tax Year:2023
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Tax Annual Amount:6799.0
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Tax Assessed Value:366500
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Tax Lot:079
Beds
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Bedrooms Total:11
Baths
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Total Baths:6
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Full Baths:4
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Half Baths:2
The Listing
Heating & Cooling
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Heating:Baseboard,Gas
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Heating:true
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Cooling:None
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Cooling:false
Utilities
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Utilities:SewerConnected
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Electric:CircuitBreakers
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Sewer:Connected
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Water Source:Connected
Appliances
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Appliances:GasWaterHeater
The Community
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Senior Community:false
Parking
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Parking Total:8.0
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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).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
9/9/24
Sep 9, 2024
|
Sold | RIMLS | $675,000 |