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72 Clay Street
Central Falls, RI 02863

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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


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.


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San Fernando Realty, Inc
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