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44 School Street Central Falls, RI $ 719,990
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$ 719,990 Get more info
44 School Street
$ 719,990
Back to search
Share Save

44 School Street

Central Falls, RI, 02863
$ 719,990
Baths0.0

Monthly Estimate*

$ 4,785

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Studio

Commercial Property for sale in Central Falls, RI

for $719,990. This building was built in 1900 on a lot size of 0.110009.

This outstanding 6-unit multifamily property is an ideal choice for investors looking for upside potential. Featuring a diverse mix of spacious living spaces, including three 2-bed 1-bath units, one 3-bed 1-bath unit, and two 1-bed 1-bath units, this gem promises both variety and appeal. The property is not only well-maintained but also boasts a recent 3-year-old roof. With convenient off street parking, it adds an extra layer of desirability for potential tenants. The total monthly rental income of $7,000 underscores the property's earning potential, and there is room for growth with the possibility of achieving higher rents based on local market rent comps. Whether you're a seasoned investor or new to the market, don't miss out on this exceptional opportunity to acquire a 6 unit. Schedule a viewing today and see the future that this multifamily property holds for your investment portfolio!

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Commercial Pending

Price

$ 719,990

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,116

Style

Commercial

Lot Size

0.110009

Year Built

1900

Town/City

Central Falls

County/Region

Providence

MLS | Web ID

1348947
Features
General
Sewer Connected PublicSewer
Heating Baseboard
Utilities SewerConnected WaterConnected
Year Built 1900
Electric Item200AmpService
Stories 3
Levels ThreeOrMore
Property SubType Commercial
Tax Year 2023
Community Features Sidewalks
County Providence
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Pending
City Central Falls
View Y/N N
Senior Community Y/N N
Total Units 5
Lot Size Square Feet 4792.0
Waterfront Y/N N
Carport Y/N N
Street Name School
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 7116.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://tour.RiLiving.com/44-School-ST-Central-Falls-RI-02863
Days on Market 121
Structure Type Apartment
Standard Status Pending
Occupancy Type Tenant
Tax Assessed Value 383600
Tax Lot 447
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Interior
Basement Full
Furnished Y/N Unfurnished
Total Stories 3
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 0.0
Street Suffix Street
Electric On Property Y/N N
Total Baths 0
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Exterior
Water Source Connected Public
Total Parking 0.0
Lot Size Area 4792.0
Number of Buildings 1
Spa N
Building Area Total 0.0
Lot Size Units SquareFeet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 44
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* Excluded Features
List By
Real Broker, Llc

Broker

info@yourealtorannmarie.com

Email

Affordability Calculator

$5,378
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,785
Monthly Property Taxes
$593
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
248553 Elementary School
248554 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/12/2023$719,990 Listed Price

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44 School Street, Central Falls, RI, 02863 is a Commercial Property for sale at $719,990 with a lot size of 0.110009. 44 School Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 02863 which is in Central Falls, RI

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