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Sold for $675,000 on 09/09/24
  • $675,000

    7 Elm St, Central Falls, RI 02863

    11beds
    3,040sqft
    Multi Family
    Built in 1920
    -- sqft lot
    $705,600 Zestimate®
    $222/sqft
    $2,015 Estimated rent

    What's special

    Welcome to this versatile 4-family home in Central Falls, Rhode Island. A prime investment opportunity with consistent occupancy. Each of the four units offers approximately 760 square feet of living space, catering to diverse needs with varying bedroom and bathroom counts. This flexibility makes the property ideal for couples, individuals, and families of all sizes. All units are currently occupied on a month-to-month basis, ensuring steady rental income and offering potential for future lease adjustments. The property features the convenience of off-street parking, a rare find in the area, providing added value for tenants. Situated close to major highways and local amenities, this location ensures easy access to schools, shopping, dining, and entertainment options, enhancing the appeal for current and prospective tenants. Don't miss out on this fantastic investment in Central Falls, offering both stability and growth potential!

    Zillow last checked: 7 hours ago

    Listing updated: January 07, 2025 at 11:38am

    Listed by:

    Kyle Seyboth 508-726-3492,

    Century 21 The Seyboth Team

    Bought with:

    The ALBA Group

    RE/MAX Innovations

    Source: StateWide MLS RI,MLS#: 1359551MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 6
    • Full bathrooms: 4
    • 1/2 bathrooms: 2
    Heating
    • Natural Gas, Baseboard
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Hardwood, Laminate
    • Basement: Full,Interior Entry,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 3,040
    • Total interior livable area: 3,040 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: No Garage
    Lot
    • Size: 9,583 sqft
    Details
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Aluminum Siding
    Condition
    • New construction: No
    • Year built: 1920

    Utilities & green energy

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

    Community & neighborhood

    Location
    • Region: Central Falls

    HOA & financial

    Other financial information
    • Total actual rent: 5100
    Services availability
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $705,600
    2% more+ $14,112
    With Zillow Showcase(estimated)
    $719,712