Central Falls, RI 02863,72 Clay ST
Central Falls, RI 02863,72 Clay ST
Central Falls, RI 02863,72 Clay ST
$527,000
Est. payment /mo
$499,000
5.6%
Est.Price: ?

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6 Beds
3 Baths
2,856 SqFt
SOLD DATE : 07/26/2024

Key Details

Sold Price $527,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,856 sqft

Price per Sqft $184

MLS Listing ID 1360326

Sold Date 07/26/24

Bedrooms 6

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 2,856

Year Built 1900

Annual Tax Amount $6,716

Tax Year 2023

Lot Size 3,693 Sqft

Acres 0.0848

Property Description

HIGHEST & BEST DUE MONDAY 6/3 AT 5PM. Discover a unique investment opportunity with this multifamily home, ideally situated on the Central Falls/Pawtucket line. This property includes two buildings on one lot, offering a total of three fully occupied units with potential for expansion into the attic to create an oversized townhouse-style apartment. Each unit features 2 bedrooms and 1 bathroom, along with individually metered utilities, making it perfect for attracting long-term tenants. Off-street parking, a highly sought-after feature in this area, is also available. Most major updates have already been completed, including replacement windows, vinyl siding, and new roofs and boilers within the last 2-3 years. Coin-operated laundry provides additional tenant convenience and an extra revenue stream. With long-term tenants currently in place, there's also potential to increase rents and maximize your return on investment. Conveniently located just minutes from the train station, this property offers excellent commuter access and is situated in a growing neighborhood. It's ideal for investors looking to expand their portfolio with a stable, income-generating property. The opportunity to raise rents and add an additional unit makes this an attractive option for those seeking long-term value and growth. Don't miss out on this rare chance to own a multifamily home in a prime location with significant upside potential!

Location

State RI

County Providence

Zoning R3

Rooms

Basement Exterior Entry, Full, Interior Entry, Unfinished

Interior

Interior Features Attic, Bathtub, Permanent Attic Stairs, Tub Shower

Heating Baseboard, Gas

Cooling None

Flooring Carpet, Laminate, Vinyl

Fireplaces Type None

Fireplace No

Appliance Dryer, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer

Laundry Common Area

Exterior

Community Features Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping

Utilities Available Sewer Connected

Total Parking Spaces 3

Garage No

Building

Lot Description Paved

Foundation Concrete Perimeter

Sewer Connected, Public Sewer

Water Connected, Public, Water Tap Fee

Additional Building Outbuilding

Structure Type Drywall,Plaster,Aluminum Siding,Shingle Siding

New Construction No

Others

Senior Community No

Tax ID 7274CLAYSTCFLS

Financing FHA,VA

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Listed by Keller Williams Coastal
Bought with Keller Williams Coastal

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Eric Chauvin

+1(617) 448-0910

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