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116 Foundry Street, Central Falls, RI 02863

Central Falls
Local realty services provided by:CENTURY 21 Shutters & Sails
116 Foundry Street,Central Falls, RI 02863
$840,000
  • 10 Beds
  • 6 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: the wp group
Office: smith and oak real estate co.
MLS#:1389308
Source:RI_STATEWIDE

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Price summary

  • Price:$840,000

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:254 day(s) ago
  • Updated:March 19, 2026 at 06:47 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:6
  • Full bathrooms:6
  • Rooms Total:16
  • Flooring:Vinyl
  • Bathrooms Description:Tub Shower
  • Kitchen Description:Dishwasher, Microwave, Oven, Range, Refrigerator
  • Basement:Yes
  • Basement Description:Full, Interior Entry, Unfinished

Heating and cooling

  • Heating:Gas

Structure and exterior

  • Year built:1900
  • Construction Materials:Drywall, Vinyl Siding
  • Foundation Description:Brick Mortar

Utilities

  • Water:Connected, Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$840,000
  • Tax amount:$8,036 (2025)

Features and amenities

  • Appliances:Microwave, Range, Refrigerator, Washer
  • Laundry features:Common Area, Dryer, Washer
  • Amenities:Gas Water Heater, Tankless Water Heater

Parking

  • Total parking spaces:6
  • Parking description:No Garage
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 Shutters & Sails 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 2026 State-Wide MLS, Inc. All rights reserved. Date Last Update: March 19, 2026

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