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80 Central St
Central Falls, RI 02863
80 Central St, Central Falls · Multifamily Property For Sale
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5 Units
PROPERTY FACTS
| No. Units | 5 | Lot Size | 0.32 AC |
| Property Type | Multifamily | Building Size | 5,303 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1975 |
| Building Class | C | Parking Ratio | 1.51/1,000 SF |
| Zoning | R-3 | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 5,303 SF |
| No. Stories | 3 |
| Year Built | 1975 |
| Parking Ratio | 1.51/1,000 SF |
| Zoning | R-3 |
ABOUT 80 CENTRAL ST , CENTRAL FALLS, RI 02863
Attractive and very well maintained 6-Unit income property in Central Falls near the Pawtucket border. One of the few multi-family properties in the area built in the second half of the 20th century, this building offers a sound structure, newer roof (3 years old), less than 10 years old double-pane windows, new hot water tank, new circulator, new coin-op laundry appliances. The units have been maintained, refreshed, and repaired as needed over the years. No deferred maintenance. 8.75% Cap Rate when considering an 8% management fee. Two out of the six units are Section 8, occupied since 1992 by the same families with no issues.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 5 | $875.00 | 800 |
PROPERTY TAXES
| Parcel Number | CENT-000001-000000-000322 | Improvements Assessment | $345,200 |
| Land Assessment | $129,700 | Total Assessment | $474,900 |
PROPERTY TAXES
