387 Broad St - Apartments FOR SALE


Central Falls, RI 02863
$6,200,000 USD
508-726-3492
387 Broad St, Central Falls, RI for Sale
$6,200,000 USD
Apartments - FOR SALE
1/41
null | Request Cap Rate

387 Broad St
Central Falls, RI 02863


OVERVIEW

Fully renovated 30-unit residential building in Central Falls offering an exceptional investment opportunity with modern finishes and spacious layouts throughout. Unit mix includes 22 studio units, 4 one-bedroom units, and 4 two-bedroom units, providing strong rental flexibility and broad tenant appeal. Recently renovated with updated interiors, this turnkey property is ideal for investors seeking a stabilized asset with long-term income potential. Conveniently located along the highly traveled Broad Street corridor with easy access to local shops, restaurants, and everyday amenities. Minutes to Downtown Central Falls and nearby Pawtucket dining, arts, and entertainment destinations. Close to the Pawtucket/Central Falls Transit Center for commuter rail access to Boston. Easy access to Interstate 95, Dexter Street, and Lonsdale Avenue. Near Slater Memorial Park, schools, healthcare, and Downtown Providence.

FOR SALE DETAILS

PRICE

$6,200,000 USD

PRICE/SF

$413 USD /SF

# OF UNITS

30

PRICE/UNIT

$206,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,572 SF

ZONING

C-2

APN/PARCEL ID

CENT-000001-000000-000070

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.