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$899,000
122 Days On Site

116 Foundry Street
Central Falls, RI 02863

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
4,130
SqFt
$218
/SqFt
1900
Built
County:
Providence

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Call Now: (401) 447-8040
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(401) 447-8040
116 Foundry Street116 Foundry Street116 Foundry Street116 Foundry Street
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New Everything. NOI over $100K+, Cap Rate over 10%, 5 Total Units, $10,825 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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Listing Snapshot
Price 
$899,000
Days On Site 
122 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,130 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1148 Acres
Year Built 
1900
MLS® Number 
1389358
Status 
Active
Property Tax 
$8,036
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoPrice changed to $899,000
a week agoListing updated with changes from the MLS®
2 months agoStatus changed to Active
4 months agoListing first seen on site
General Features
Acres 
0.1148
Additional Property Use 
Residential
Foundation 
Brick/Mortar
Land Lease 
No
Number Of Stories 
4
Parking Spaces 
6
Security 
Smoke Detector(s)
Sewer 
Public Sewer
SqFt Above 
4130
SqFt Total 
4130
Style 
TriLevel
Utilities 
Electricity AvailableNatural Gas ConnectedWater Connected
Water Source 
Public
Zoning 
R-3
Interior Features
Basement 
Full
Electric 
Circuit Breakers
Heating 
Natural GasBaseboard
Laundry Features 
Common Area
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Exterior Features
Road Frontage 
City Street
Community Features
Community Features 
Restaurant
Listing courtesy of The WP Group of Smith and Oak Real Estate Co. 4012818491



Listing information is provided by Participants of the State-Wide MLS of Rhode Island, Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, State-Wide MLS of Rhode Island, Inc.
Last checked: 2025-11-07 02:43 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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