112 Clay Street, Central Falls, RI 02863

Local realty services provided by:ERA Empire Real Estate
112 Clay Street,Central Falls, RI 02863
$599,900
  • 5 Beds
  • 3 Baths
  • 2,518 sq. ft.
  • Multi-family
  • Active
Listed by: jonathan bolano
Office: exp realty
MLS#:1414312
Source:RI_STATEWIDE

Price summary

  • Price:$599,900
  • Price per sq. ft.:$238.24

About this home

Incredible wealth-building opportunity at 112 Clay Street in Central Falls, RI! This massive, highly versatile 3-family property is delivered 100% vacant, offering an estimated $4,800+/month in residential rental income. Perfect for savvy real estate investors or owner-occupants seeking the ultimate house-hack, this spacious multi-family home features 5 bedrooms and 3 bathrooms across three functional, well-designed layouts. The property features a spacious 3-bed/1-bath unit ideal for an owner's suite, alongside two 1-bed/1-bath units to maximize your monthly cash flow. Extremely well-located in a high-demand commuter hub close to I-95, local restaurants, shopping, and the local train station, keeping tenant demand high and vacancy rates low. Adding massive value is a rare 2,000+ sqft detached garage with 13+ ft ceilings, 220V electrical power (separated), heavy-duty cinderblock construction, and an 8-inch concrete slab. This bonus commercial-grade structure is perfect for...

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Home facts

  • Year built:1867
  • Listing ID #:1414312
  • Added:2 day(s) ago
  • Updated:June 06, 2026 at 01:59 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:9
  • Flooring:Carpet, Ceramic Tile, Hardwood
  • Basement:Yes
  • Basement Description:Full, Partially Finished
  • Living area:2,518 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Gas
  • Central air:Yes

Structure and exterior

  • Year built:1867
  • Building area:2,518 sq. ft.
  • Lot area:0.15 Acres
  • Construction Materials:Vinyl Siding
  • Exterior Features:Porch

Utilities

  • Water:Connected
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$599,900
  • Price per sq. ft.:$238.24
  • Tax amount:$6,577 (2025)

Features and amenities

  • Amenities:Gas Water Heater, Storm Windows

Parking

  • Total parking spaces:15
  • Parking description:Detached, Garage
  • Garage:Yes
  • Garage spaces:8
MLS LogoThe data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than ERA Empire Real Estate are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 State-Wide MLS, Inc. All rights reserved. Date Last Update: June 6, 2026