148-152 Washington St - Apartments FOR SALE


Central Falls, RI 02863
$699,900 USD
508-726-3492
148-152 Washington St, Central Falls, RI for Sale
$699,900 USD
Apartments - FOR SALE
1/47
null | Request Cap Rate

NEW


148-152 Washington St
Central Falls, RI 02863


HIGHLIGHTS

  • Individual Gas and Electric Meters
  • New Electric Panels for Added Efficiency
  • Off-Street Parking
  • New Gas Furnaces Throughout

OVERVIEW

Profitable and well-maintained 5-unit multi-family property in Central Falls, RI—an excellent investment opportunity! This solid building features a diverse mix of units, including two studios, one 3-bedroom, one 2-bedroom, and one 1-bedroom apartment, appealing to a wide range of tenants. Each unit has been thoughtfully maintained, with new gas furnaces throughout and individual gas and electric meters, along with new electric panels for added efficiency and convenience. Tenants pay their own utilities, making this a low-maintenance and income-generating property for investors. The building also offers off-street parking, a valuable amenity in the area. Conveniently located near major highways, public transportation, restaurants, and shopping, this property is ideal for commuters and renters alike. A great opportunity to own a turn-key investment in a strong rental market with reliable cash flow and long-term potential.

FOR SALE DETAILS

PRICE

$699,900 USD

PRICE/SF

$280 USD /SF

# OF UNITS

-

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

C-1

APN/PARCEL ID

CENT-000005-000000-000122

ASK ABOUT THIS PROPERTY

Kyle SeybothCentury 21 The Seyboth TeamMore Info
508-726-3492

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Kyle SeybothCentury 21 The Seyboth TeamMore Info
508-726-3492

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.