Prime Investment Opportunity! Ideal for Owner Occupants! Great Spacious, Updated Property with Strong Rental Income Potential. Welcome to this exceptional 3 unit property offering both size and style. This property boasts generous living spaces at 1,066 sq ft a unit and each unit has 3 bedrooms with wood floors, along with modern updates, making it an ideal choice for both owner occupants and investors seeking strong returns. Its generously proportioned interiors provide tenants with plenty of room to spread out and enjoy comfortable living. 1st and 2nd floors offer updated kitchens featuring granite countertops and contemporary appliances and 3rd floor has updated kitchen cabinets. These upgrades enhance both the property's aesthetics and functionality for both owner occupants and attracting tenants seeking a comfortable living experience. All three units feature a galley kitchen design that opens up to the dining room that has ceramic flooring and then to living room that has wood floor, creating a spacious and welcoming atmosphere. Units 1 & 2 feature its own circuit breaker panel, providing convenience and control over personal circuits. Units and common areas have been hardwired for fire alarms. Situated in the southern part of Central Falls, the property provides convenient access to a range of amenities, services, and transportation options.
Sold for $540,000
$540,000
27-29 Ayr St, Central Falls, RI 02863
9beds
3,198sqft
Multi Family
Built in 1910
-- sqft lot
$687,300 Zestimate®
$169/sqft
$1,912 Estimated rent
Home value
$687,300
$653,000 - $722,000
$1,912/mo
Zestimate® history
Owner options
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$1,912/mo
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$1,912/mo
Rent Zestimate®
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$2,782/mo
Est. payment
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$2,782/mo
Est. payment
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List your homeWhat's special
Updated propertyUpdated kitchen cabinetsWood floorModern updatesWood floorsContemporary appliancesGranite countertops
Zillow last checked:
Listing updated:
Listed by:
Escaler Group 401-497-5460,
Vylla Home
Bought with:
Non-Mls Member
Non-Mls Member
Source: StateWide MLS RI,MLS#: 1353706
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Bath w Tub & Shower
Heating
- Natural Gas, Baseboard
Cooling
- None
Appliances
- Included: Gas Water Heater, Microwave, Oven/Range, Refrigerator
- Laundry: Off Site
Features
- Wall (Dry Wall), Wall (Paneled), Stairs, Plumbing (Mixed), Plumbing (PVC), Insulation (Ceiling), Insulation (Unknown), Insulation (Walls)
- Flooring: Ceramic Tile, Wood
- Windows: Storm Window(s)
- Basement: Full,Interior Entry,Unfinished,Utility
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 4,406
- Total interior livable area: 3,198 sqft
Property
Parking
- Parking features: No Garage
Features
- Stories: 3
- Patio & porch: Porch
- Exterior features: Balcony
Lot
- Size: 3,484 Square Feet
Details
- Parcel number: CENTM09P191
- Zoning: R-2
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Paneled, Vinyl Siding
- Foundation: Stone, Unknown
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers, Common Meter
- Sewer: Cesspool
- Water: Public
- Utilities for property: Water Connected
Community & HOA
Community
- Features: Near Public Transport, Highway Access, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping
HOA
- Has HOA: No
Location
- Region: Central Falls
Financial & listing details
- Price per square foot: $169/sqft
- Tax assessed value: $472,500
- Annual tax amount: $5,613
- Date on market: 9/26/2024
- Inclusions: Seller has never occupied the property. Cesspool consists of a main chamber and two secondary chambers. There is a pipe already in place that was run from the foundation to the sidewalk for purpose of possible sewer line connection. Cesspool last pumped 9/14/23, approximately 1000 gallons pumped from main chamber. House Meter Electric Monthly bill:$30-35; Water bill avg:$80 high $60 low end. Home Insurance: $2, 000-$2, 500avg seller been paying, insured cost based on individual by individual.
- Total actual rent: 5100
- Tenant pays: Hot Water, Heat
Price history
| Date | Event | Price |
|---|---|---|
| 4/22/2024 | Sold | $540,000+8.2%$169/sqft |
Source:  StateWide MLS RI #1353706 Report a problem | ||
| 3/19/2024 | Pending sale | $499,000$156/sqft |
Source: StateWide MLS RI #1353706 Report a problem | ||
| 3/10/2024 | Contingent | $499,000$156/sqft |
Source: StateWide MLS RI #1353706 Report a problem | ||
| 2/29/2024 | Listed for sale | $499,000+824.1%$156/sqft |
Source: StateWide MLS RI #1353706 Report a problem | ||
| 4/30/2009 | Sold | $54,000-68.2%$17/sqft |
Source: Public Record Report a problem | ||
| 6/18/2008 | Sold | $170,000+61.1%$53/sqft |
Source: Public Record Report a problem | ||
| 12/14/2001 | Sold | $105,500+50.7%$33/sqft |
Source: Public Record Report a problem | ||
| 7/31/2001 | Sold | $70,000$22/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,242 +10.7% | $472,500 +57.6% |
| 2024 | $5,639 +6.7% | $299,800 -0.9% |
| 2023 | $5,283 | $302,600 |
| 2022 | $5,283 +26.3% | $302,600 +71.9% |
| 2021 | $4,182 +0.3% | $176,000 |
| 2020 | $4,169 -4.3% | $176,000 |
| 2019 | $4,358 +20.1% | $176,000 +27.6% |
| 2018 | $3,628 +0.1% | $137,900 +0.1% |
| 2017 | $3,626 +1.5% | $137,800 |
| 2016 | $3,573 +12.3% | $137,800 +19.6% |
| 2015 | $3,183 +1.4% | $115,200 |
| 2014 | $3,140 +6% | $115,200 |
| 2013 | $2,963 +3.6% | $115,200 +824.6% |
| 2012 | $2,860 +2.2% | $12,460 -90.2% |
| 2011 | $2,798 +14.6% | $127,000 |
| 2010 | $2,441 -17.3% | $127,000 -53.6% |
| 2009 | $2,950 +2.3% | $273,700 |
| 2008 | $2,885 +12.7% | $273,700 +47.2% |
| 2006 | $2,559 +5.5% | $186,000 |
| 2005 | $2,425 | $186,000 |
| 2004 | $2,425 +67.1% | $186,000 +204.4% |
| 2003 | $1,451 | $61,100 |
Find assessor info on the county website
Neighborhood: 02863
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Nearby schools
GreatSchools rating
- 4/10Veterans Memorial Elementary SchoolGrades: K-5Distance: 0.5 mi
- 4/10Calcutt Middle SchoolGrades: 6-8Distance: 0.7 mi
- 1/10Central Falls Sr High SchoolGrades: 9-12Distance: 0.6 mi
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Estimated market value
$687,300
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
$687,300
- Rhode Island
- Providence County
- Central Falls
- 02863
- 27-29 Ayr St
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