116 Foundry Street, Central Falls, RI 02863
Local realty services provided by:ERA Key Realty Services



116 Foundry Street,Central Falls, RI 02863
$999,990
- 10 Beds
- 6 Baths
- 5,410 sq. ft.
- Multi-family
- Active
Listed by:the wp group
Office:smith and oak real estate co.
MLS#:1389308
Source:RI_STATEWIDE
Price summary
- Price:$999,990
- Price per sq. ft.:$184.84
About this home
New Everything. NOI over $110K+, Cap Rate over 11%, 5 Total Units, $11,225 gross monthly rent. (1) Single Family with 2BR/2BA across 850 +/- sq. ft. currently rented at $3000 per month. (1) 4-Unit building. Unit 1 is a 3BR/1BA across 1,140 +/- sq. ft. and is vacant [MARKET $2,800 p/month]. Unit 2 is the same layout, occupied [$2,500 p/month]. The third floor is split into (2) 1BR/1BA units, both currently occupied [3L: $1,375 p/month, 3R: $1,550 p/month]. Don't let this opportunity slip. Brand new: plumbing, electrical, insulated windows, roof* siding, 3 navien tankless heat/hot water, flooring, kitchens, bathrooms, smoke detectors, light and plumbing fixtures. *Back house has brand new roof (archetectural shingles), 4-unit has flat, rubber roof in great condition. Maintenance free investment is a great addition to your portfolio in a growing market. Inquire about transferable property management available at discounted rate.
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Home facts
- Year built:1900
- Listing Id #:1389308
- Added:38 day(s) ago
- Updated:July 22, 2025 at 01:51 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:6
- Full bathrooms:6
- Living area:5,410 sq. ft.
Heating and cooling
- Heating:Gas
Structure and exterior
- Year built:1900
- Building area:5,410 sq. ft.
- Lot area:0.11 Acres
Utilities
- Water:Connected, Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$999,990
- Price per sq. ft.:$184.84
- Tax amount:$8,036 (2025)
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