Exceptional investment or owner-occupied opportunity in this spacious three-family home. This well-maintained and versatile multi-unit property is perfect for investors or owner-occupants seeking rental income. Each generously sized unit features three bedrooms, a formal dining room, and beautiful hardwood floors throughout. High ceilings add a touch of elegance and enhance the sense of space in every unit. Enjoy the convenience of separate gas utilities, ample driveway parking, and a full basement offering plenty of storage and a laundry area. Both front and rear staircases provide easy access, while the home’s prime location ensures quick access to major highways, just five minutes from the new train station and 20 minutes to Providence, making it ideal for working professionals and commuters.! Offers due on Friday July 18th at noon.
Sold for $630,000
$630,000
162-164 Rand St, Central Falls, RI 02863
9beds
4,128sqft
Multi Family
Built in 1900
-- sqft lot
$657,500 Zestimate®
$153/sqft
$1,661 Estimated rent
Home value
$657,500
$585,000 - $743,000
$1,661/mo
Zestimate® history
Owner options
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$1,661/mo
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$1,661/mo
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$3,246/mo
Est. payment
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$3,246/mo
Est. payment
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List your homeWhat's special
Laundry areaAmple driveway parkingPlenty of storageFull basementFormal dining roomHigh ceilingsBeautiful hardwood floors
Zillow last checked:
Listing updated:
Listed by:
Patty Bain 401-965-4822,
RE/MAX River's Edge
Bought with:
The Stearns McGee Team
RE/MAX Properties
Rachel Baptista Da Moeda, RES.0042193
RE/MAX Properties
Source: StateWide MLS RI,MLS#: 1387358
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Bath w Tub
Heating
- Natural Gas, Baseboard, Forced Water, Gas on Gas, Space Heater
Cooling
- None
Appliances
- Included: Gas Water Heater, Dryer, Oven/Range, Washer
- Laundry: In Building
Features
- Wall (Dry Wall), Wall (Plaster), Stairs, Plumbing (Mixed), Insulation (Unknown), Ceiling Fan(s)
- Flooring: Ceramic Tile, Hardwood, Laminate
- Basement: Full,Interior Entry,Unfinished,Laundry,Storage Space,Utility
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 4,128
- Total interior livable area: 4,128 sqft
Property
Parking
- Total spaces: 6
- Parking features: No Garage, Driveway
- Has uncovered spaces: Yes
Features
- Stories: 3
- Patio & porch: Porch
Lot
- Size: 5,662 sqft
Details
- Additional structures: Outbuilding
- Parcel number: CENTM06P356
- Zoning: R-3
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Plaster, Vinyl Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers, Individual Meter
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Near Public Transport, Highway Access, Hospital, Interstate, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping
Location
- Region: Central Falls
HOA & financial
Other financial information
- Total actual rent: 0
Price history
| Date | Event | Price |
|---|---|---|
| 9/8/2025 | Sold | $630,000+5%$153/sqft |
Source:  StateWide MLS RI #1387358 Report a problem | ||
| 8/5/2025 | Pending sale | $599,900$145/sqft |
Source: StateWide MLS RI #1387358 Report a problem | ||
| 7/23/2025 | Contingent | $599,900$145/sqft |
Source: StateWide MLS RI #1387358 Report a problem | ||
| 7/10/2025 | Listed for sale | $599,900$145/sqft |
Source: StateWide MLS RI #1387358 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,301 +7.1% | $552,700 +52.5% |
| 2024 | $6,819 +56.8% | $362,500 |
| 2023 | $4,350 | $362,500 |
| 2022 | $4,350 -9.9% | $362,500 +78.4% |
| 2021 | $4,828 +0.3% | $203,200 |
| 2020 | $4,814 -4.3% | $203,200 |
| 2019 | $5,031 +19.3% | $203,200 +26.8% |
| 2018 | $4,217 | $160,300 |
| 2017 | $4,217 +1.4% | $160,300 |
| 2016 | $4,157 +15.4% | $160,300 +22.9% |
| 2015 | $3,603 +1.4% | $130,400 |
| 2014 | $3,555 +6% | $130,400 |
| 2013 | $3,354 +3.9% | $130,400 +826.8% |
| 2012 | $3,229 +4.2% | $14,070 -90% |
| 2011 | $3,100 +14.6% | $140,700 |
| 2010 | $2,704 -20.8% | $140,700 -55.6% |
| 2009 | $3,415 +2.3% | $316,800 |
| 2008 | $3,339 +1.3% | $316,800 +32.3% |
| 2006 | $3,296 +5.5% | $239,500 |
| 2005 | $3,123 | $239,500 |
| 2004 | $3,123 +56% | $239,500 +184.1% |
| 2003 | $2,002 | $84,300 |
Find assessor info on the county website
Neighborhood: 02863
Nearby schools
GreatSchools rating
- 4/10Veterans Memorial Elementary SchoolGrades: K-5Distance: 0.3 mi
- 4/10Calcutt Middle SchoolGrades: 6-8Distance: 0.4 mi
- 1/10Central Falls Sr High SchoolGrades: 9-12Distance: 0.3 mi
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Estimated market value
$657,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$657,500
- Rhode Island
- Providence County
- Central Falls
- 02863
- 162-164 Rand St
Nearby cities
Nearby zip codes
Other Central Falls Topics
