Sold for $650,000

$650,000

31 Lincoln Ave, Central Falls, RI 02863

12beds

2,600sqft

Multi Family

Built in 1900

-- sqft lot

$769,900 Zestimate^®

$250/sqft

$2,128 Estimated rent

Home value

$769,900

$724,000 - $816,000

$2,128/mo

Zestimate^® history

Owner options

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$2,128/mo

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$2,128/mo

Rent Zestimate^®

Refinance and save

$3,349/mo

Est. payment

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$3,349/mo

Est. payment

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What's special

Close to shopping

An EXTREMELY rare Central Falls SIX family! Six-family homes TWELVE bedrooms within six units are not particularly common in Central Falls, RI. While there are several multi-family homes for sale in the area, most of them have fewer than six units. With 100% occupancy, this is a solid investment generating incredible monthly income. This property has been well-maintained and features several updates. Most importantly 6 Navien tankless water heaters! Finally, this property is located in a convenient location, where you'll be close to shopping, dining, and entertainment options, as well as public transportation.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12
Bathrooms: 4
Full bathrooms: 4

Heating

Natural Gas, Baseboard

Cooling

Window Unit(s)

Appliances

Laundry: Off Site

Features

Flooring: Laminate, Carpet
Basement: Full,Interior Entry,Unfinished
Has fireplace: No

Interior area

Total structure area: 4,998
Total interior livable area: 2,600 sqft

Property

Parking

Total spaces: 6
Parking features: No Garage

Features

Stories: 3

Lot

Size: 4,791 Square Feet

Details

Special conditions: Conventional/Market Value

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Vinyl Siding

Condition

New construction: No
Year built: 1900

Utilities & green energy

Electric: Circuit Breakers, Common Meter, Individual Meter
Sewer: Public Sewer
Water: Municipal

Green energy

Energy efficient items: Water Heater

Community & HOA

HOA

Has HOA: No

Location

Region: Central Falls

Financial & listing details

Price per square foot: $250/sqft
Date on market: 9/26/2024
Total actual rent: 4700
Tenant pays: Heat

Price history

Date	Event	Price
11/1/2023	Sold	$650,000+3.2%$250/sqft
Source: StateWide MLS RI #1341558 Report a problem
9/2/2023	Pending sale	$630,000$242/sqft
Source: StateWide MLS RI #1341558 Report a problem
8/21/2023	Listed for sale	$630,000$242/sqft
Source: StateWide MLS RI #1341558 Report a problem