72 Clay Street
Central Falls,
RI
02863
Property Details
List Price: |
$499,000 |
Beds: |
6 |
Baths: |
3 |
Status: |
Pending |
SqFt: |
2856 |
Agency: |
Keller Williams Realty of Newport / East Bay / Nor |
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Description/Comments
Lot Size: |
-- |
Property Type: |
MultiFamily |
Year Built: |
1900 |
Notes: |
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 a fourth unit or 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.<br />
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.<br />
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.<br />
Don't miss out on this rare chance to own a multifamily home in a prime location with significant upside potential! |
MlsNumber: |
1360326 |
Estimate Your Monthly Payment
Listing Provided By: |
Keller Williams Realty of Newport / East Bay / Nor, original listing |
Name: |
Keller Williams Realty of Newport / East Bay / Nor |
Phone: |
(401) 845-9200 |
Office Name: |
Keller Williams Coastal |
Office Phone: |
(401) 845-9200 |
Agent Name: |
Jason Boulay |
Disclaimer: |
Copyright © 2024 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |