72 74 Clay Street, Central Falls, RI, 02863
12 rooms
6 beds
3 Full baths
1900
HIGHEST & BEST DUE MONDAY 6/3 AT 5PM. Discover a unique investment opportunity with this multifamily home, ideally situated on the Central Falls/Pawtucket line. This property includes two buildings on one lot, offering a total of three fully occupied units with potential for expansion into the attic to create an oversized townhouse-style apartment. Each unit features 2 bedrooms and 1 bathroom, along with individually metered utilities, making it perfect for attracting long-term tenants. Off-street parking, a highly sought-after feature in this area, is also available. Most major updates have already been completed, including replacement windows, vinyl siding, and new roofs and boilers within the last 2-3 years. Coin-operated laundry provides additional tenant convenience and an extra revenue stream. With long-term tenants currently in place, there's also potential to increase rents and maximize your return on investment. Conveniently located just minutes from the train station, this property offers excellent commuter access and is situated in a growing neighborhood. It's ideal for investors looking to expand their portfolio with a stable, income-generating property. The opportunity to raise rents and add an additional unit makes this an attractive option for those seeking long-term value and growth. Don't miss out on this rare chance to own a multifamily home in a prime location with significant upside potential!
Status:
Pending
Type:
Multi-family
Laundry Remarks:
Common Area
Units:
3
Zoning:
R3
Garage:
No Garage
Heating:
Baseboard, Gas
Cooling:
None
Basement:
Exterior Entry, Full, Interior Entry, Unfinished
Parking:
3-car
Acreage:
0.08
Est. Taxes:
$6,717
Assessment
$362,100
Construction
Drywall,Plaster,Aluminum Siding,Shingle Siding
Utilities
Sewer Connected
Lot Description:
Paved
Amenities:
Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
Days on Market:
13
Appliances:
Dryer, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
MLS #:
1360326
Community Info
School Info
Walk Score
Mass Transit
Yelp
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