29 Mowry St - Apartments FOR SALE


Central Falls, RI 02863
$850,000 USD
401-601-0157
29 Mowry St, Central Falls, RI for Sale
$850,000 USD
Apartments - FOR SALE
1/13
null | Request Cap Rate

29 Mowry St
Central Falls, RI 02863


HIGHLIGHTS

  • Rhode Island’s fastest-evolving communities
  • well-maintained 6-unit multifamily property
  • strong cash-flowing asset
  • Each of the six spacious units features 2 bedrooms and 1 full bathroom, providing a highly desirable layout for today’s rental market
  • convenience of 8-10 off-street parking spaces, a valuable amenity for both tenants and future owners.
  • Ideally located just minutes from I-95, the Blackstone Valley commuter rail station, restaurants, shopping, schools, parks

OVERVIEW

Exceptional investment opportunity in one of Rhode Island’s fastest-evolving communities! This well-maintained 6-unit multifamily property offers investors a rare chance to acquire a strong cash-flowing asset in the heart of Central Falls, a city experiencing continued revitalization, economic investment, and long-term growth. Each of the six spacious units features 2 bedrooms and 1 full bathroom, providing a highly desirable layout for today’s rental market. All utilities are separately metered, helping simplify management and reduce operating expenses. The property also offers the convenience of 8-10 off-street parking spaces, a valuable amenity for both tenants and future owners. Ideally located just minutes from I-95, the Blackstone Valley commuter rail station, restaurants, shopping, schools, parks, and the exciting community improvements taking place throughout Central Falls, this property is well-positioned to benefit from the city’s ongoing momentum. With strong rental demand, limited multifamily inventory, and continued public and private investment in the area, this is an outstanding opportunity for both seasoned investors and those looking to grow their portfolio with a high-performing asset. Don’t miss your chance to own a solid income-producing property in a community that continues to flourish and create new opportunities. Schedule your private showing today!

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$228 USD /SF

# OF UNITS

6

PRICE/UNIT

$141,667

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments, Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Residential

APN/PARCEL ID

CENT-000008-000000-000062

ASK ABOUT THIS PROPERTY

Clarifel CastilloInnovations RealtyMore Info
401-601-0157

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Clarifel CastilloInnovations RealtyMore Info
401-601-0157

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