Skip main navigation
For sale
  • $999,990

    116 Foundry St, Central Falls, RI 02863

    10beds
    4,130sqft
    : 
    Multi Family
    Built in 1900
    -- sqft lot
    $975,300 Zestimate®
    $242/sqft
    $-- HOA

    What's special

    Flat rubber roof
    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.
    33 days
    on Zillow
    |
    746
    |
    50
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 17, 2025 at 09:36pm

    Listed by:

    The WP Group 401-281-8491,

    Smith and Oak Real Estate Co.

    Source: StateWide MLS RI,MLS#: 1389308MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 116 Foundry St.

    Next available tour time:Today at 6:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 6
    • Full bathrooms: 6
    Bathroom
    • Features: Bath w Shower Stall, Bath w Tub & Shower
    Heating
    • Natural Gas, Gas Connected
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater, Tankless Water Heater, Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
    • Laundry: In Building
    Features
    • Wall (Dry Wall), Stairs, Plumbing (Mixed), Insulation (Unknown)
    • Flooring: Vinyl
    • Basement: Full,Interior Entry,Unfinished,Laundry
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 5,410
    • Total interior livable area: 4,130 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: No Garage
    Features
    • Stories: 3
    Lot
    • Size: 5,000.69 Square Feet
    • Features: Sidewalks
    Details
    • Parcel number: CENTM05P347
    • Zoning: R-3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Dry Wall, Vinyl Siding
    • Foundation: Brick/Mortar
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Municipal, Public
    • Utilities for property: Water Connected

    Community & HOA

    Community
    • Features: Near Public Transport, Commuter Bus, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping
    HOA
    • Has HOA: No
    Location
    • Region: Central Falls

    Financial & listing details

    • Price per square foot: $242/sqft
    • Tax assessed value: $471,800
    • Annual tax amount: $8,036
    • Date on market: 7/7/2025
    • Inclusions: FIVE LEGAL UNITS. (1) 4 family, and (1) Stand-alone single-family home in the backyard is a 2 bed/2 bath and is currently rented as an AIRBNB. There are
    • Total actual rent: 11225
    • Loading
    • Loading