For sale

Price cut: $20K (10/1)

$875,000

50 Garfield St, Central Falls, RI 02863

8beds

3,000sqft

$6,145/mo

Get pre-qualified

Multi Family

Built in 1900

-- sqft lot

$869,000 Zestimate^®

$292/sqft

$-- HOA

What's special

Stainless steel kitchensAll-around security camera systemNew tankless water heaterNew exterior siding

Solid TURN-KEY investment opportunity! Totaling 6 Modern-style units Renovated 2-BRs,1-BAs featuring Stainless Steel Kitchens,Floors,Baths. Several Capital improvements include: New Exterior Siding,Soffits, Gutters, Plumbing, New tankless water heater and more. Equipped with New Fire Alarm and an All-around Security Camera system Fully rented with month to month leases. Estimated NOI of $103,740/year yielding a Strong 21% ROI. Fantastic location near the Lincoln Line within minutes to Interstate highways,Train Station and several Conveniences. P&L Attached. Unit video tour clip available upon request.

145 days
204
17

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4

Bathroom

Features: Bath w Tub & Shower

Heating

Electric, Natural Gas, Baseboard, Forced Water

Cooling

None

Appliances

Included: Refrigerator, Electric Water Heater, Gas Water Heater
Laundry: Off Site

Features

Wall (Dry Wall), Wall (Plaster), Plumbing (Mixed), Plumbing (PVC)
Flooring: Laminate
Basement: Full,Interior Entry,Unfinished,Storage Space,Utility
Has fireplace: No

Interior area

Total structure area: 3,795
Total interior livable area: 3,000 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 2
Parking features: No Garage

Features

Stories: 3

Lot

Size: 2,648 Square Feet

Details

Parcel number: 50GARFIELDSTCFLS
Zoning: R-3

Construction

Type & style

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

Materials

Dry Wall, Plaster, Vinyl Siding
Foundation: Concrete Perimeter, Mixed

Condition

New construction: No
Year built: 1900

Utilities & green energy

Electric: 100 Amp Service
Water: Public
Utilities for property: Sewer Connected, Water Connected, Sewer Available

Community & HOA

Community

Features: Near Public Transport, Highway Access, Hospital, Interstate, Public School, Railroad, Schools
Security: Security System Owned

HOA

Has HOA: No

Location

Region: Central Falls

Financial & listing details

Price per square foot: $292/sqft
Annual tax amount: $6,000
Date on market: 5/21/2026
Total actual rent: 7500

Estimated market value

$869,000

$826,000 - $912,000

$1,524/mo

Price history

Date	Event	Price
10/1/2026	Price change	$875,000-2.2%$292/sqft
Source: StateWide MLS RI #1412765 Report a problem
9/15/2026	Listed for sale	$895,000$298/sqft
Source: StateWide MLS RI #1412765 Report a problem
8/20/2026	Contingent	$895,000$298/sqft
Source: StateWide MLS RI #1412765 Report a problem
8/14/2026	Price change	$895,000-5.7%$298/sqft
Source: StateWide MLS RI #1412765 Report a problem
7/28/2026	Price change	$949,000-4.6%$316/sqft
Source: StateWide MLS RI #1412765 Report a problem
7/23/2026	Listed for sale	$995,000$332/sqft
Source: StateWide MLS RI #1412765 Report a problem
7/20/2026	Contingent	$995,000$332/sqft
Source: StateWide MLS RI #1412765 Report a problem
5/21/2026	Listed for sale	$995,000$332/sqft
Source: StateWide MLS RI #1412765 Report a problem