16 Fales Street, Central Falls, RI 02863
Local realty services provided by:ERA Empire Real Estate
Upcoming open houses
- Sat, Sep 0511:30 am - 01:30 pm
Listed by: saul sanchez
Office: citylight homes
MLS#:1421571
Source:RI_STATEWIDE
Price summary
- Price:$699,995
- Price per sq. ft.:$178.39
About this home
An exceptional opportunity to live, invest, and build equity in Central Falls!This impeccably cared-for three-family home offers the perfect setup for an owner-occupant looking to enjoy the benefits of homeownership while generating rental income from two additional units. The first-floor unit features three bedrooms, while the second and third floors each offer two bedrooms, providing spacious and versatile living arrangements. Each unit showcases the home's original double parlors, beautiful hardwood floors, and natural wood finishes, preserving its timeless character. The partially finished basement adds valuable flexibility and includes a full bathroom, along with separate washer and dryer hookups for each unit. Outside, enjoy a fenced-in backyard with a grassy area perfect for entertaining, relaxing, or creating your own outdoor retreat. A detached two-car garage plus ample off-street parking adds even more convenience. Conveniently situated in the heart of Central Falls, with easy access to restaurants, schools, public transportation, and major highways, this property combines location, space, and income potential. Live in one unit and let the other two help offset your housing expenses while you build equity a compelling way to begin or expand your real estate investment journey. Well-maintained and ready for its next owner. The property is being sold as-is....
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Home facts
- Year built:1938
- Subdivision & Development:40
- Listing ID #:1421571
- Added:10 day(s) ago
- Updated:September 05, 2026 at 06:57 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:17
- Flooring:Ceramic Tile, Hardwood
- Bathrooms Description:Bathtub, Tub Shower
- Basement:Yes
- Basement Description:Exterior Entry, Full, Interior Entry, Partially Finished
- Living area:3,924 sq. ft.
Heating and cooling
- Heating:Baseboard, Gas
Structure and exterior
- Year built:1938
- Building area:3,924 sq. ft.
- Lot area:0.1 Acres
- Construction Materials:Drywall, Vinyl Siding
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$699,995
- Price per sq. ft.:$178.39
- Tax amount:$7,560 (2026)
Features and amenities
- Laundry features:Common Area
- Amenities:Gas Water Heater
Parking
- Total parking spaces:7
- Parking description:Detached, Garage
- Garage:Yes
- Garage spaces:2
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