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116 Foundry Street, Central Falls, RI 02863

Local realty services provided by:CENTURY 21 Topsail Realty
116 Foundry Street,Central Falls, RI 02863
$899,000
  • 10 Beds
  • 6 Baths
  • 5,410 sq. ft.
  • Multi-family
  • Pending
Listed by: the wp group
Office: smith and oak real estate co.
MLS#:1389308
Source:RI_STATEWIDE

Price summary

  • Price:$899,000
  • Price per sq. ft.:$166.17

About this home

New Everything. NOI over $110K+, Cap Rate over 11%, 5 Total Units, $11,225 gross monthly rent. (1) Single Family with 2BR/2BA across 850 +/- sq. ft. currently rented at $3000 per month. (1) 4-Unit building. Unit 1 is a 3BR/1BA across 1,140 +/- sq. ft. and is vacant [MARKET $2,800 p/month]. Unit 2 is the same layout, occupied [$2,500 p/month]. The third floor is split into (2) 1BR/1BA units, both currently occupied [3L: $1,375 p/month, 3R: $1,550 p/month]. Don't let this opportunity slip. Brand new: plumbing, electrical, insulated windows, roof* siding, 3 navien tankless heat/hot water, flooring, kitchens, bathrooms, smoke detectors, light and plumbing fixtures. *Back house has brand new roof (archetectural shingles), 4-unit has flat, rubber roof in great condition. Maintenance free investment is a great addition to your portfolio in a growing market. Inquire about transferable property management available at discounted rate.

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Home facts

  • Year built:1900
  • Listing ID #:1389308
  • Added:164 day(s) ago
  • Updated:December 19, 2025 at 08:16 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:6
  • Full bathrooms:6
  • Living area:5,410 sq. ft.

Heating and cooling

  • Heating:Gas

Structure and exterior

  • Year built:1900
  • Building area:5,410 sq. ft.
  • Lot area:0.11 Acres

Utilities

  • Water:Connected, Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$899,000
  • Price per sq. ft.:$166.17
  • Tax amount:$8,036 (2025)
MLS LogoThe data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than CENTURY 21 Topsail Realty are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 State-Wide MLS, Inc. All rights reserved. Date Last Update: December 19, 2025

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