RI > Central Falls
Central Falls, RI 02863,116 Foundry ST
Central Falls, RI 02863,116 Foundry ST
Central Falls, RI 02863,116 Foundry ST
Central Falls, RI 02863,116 Foundry ST
Central Falls, RI 02863,116 Foundry ST
Central Falls, RI 02863,116 Foundry ST
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L&L Homes Team

L&L Homes Team

+1(508) 649-5646
$ 949,000
Est. payment | /mo

4,130 SqFt

Save
$ 949,000
Est. payment | /mo
Save

4,130 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,130 sqft

Price per Sqft $229

MLS Listing ID 1389358

Style Tri-Level

HOA Y/N No

Abv Grd Liv Area 4,130

Year Built 1900

Annual Tax Amount $8,036

Tax Year 2025

Lot Size 5,000 Sqft

Acres 0.1148

Property Sub-Type Commercial

Property Description

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.

Location

State RI

County Providence

Zoning R-3

Rooms

Basement Full

Interior

Heating Baseboard, Gas

Cooling None

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

Laundry Common Area

Exterior

Community Features Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping

Utilities Available Electricity Available, Natural Gas Connected

Total Parking Spaces 6

Building

Story 4

Foundation Brick/Mortar

Sewer Public Sewer

Water Connected, Public

Architectural Style Tri-Level

Level or Stories 4

New Construction No

Others

Tax ID 116FOUNDRYSTCFLS

Security Features Smoke Detector(s)

© 2025 State-Wide Multiple Listing Service. All rights reserved.
Listed by Smith and Oak Real Estate Co.

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116 Foundry ST

L&L Homes Team
L&L Homes Team

Licensed in MA, CA, RI | License ID: 9527841

+1(508) 649-5646 | info@llhomesteam.com

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