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.
Under contract
Price cut: $54K (8/14)
$895,000
50 Garfield St, Central Falls, RI 02863
8beds
3,000sqft
Multi Family
Built in 1900
-- sqft lot
$863,100 Zestimate®
$298/sqft
$-- HOA
What's special
Stainless steel kitchensAll-around security camera systemNew tankless water heaterNew exterior siding
- 98 days |
- 302 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
Martha Habib 401-864-5505,
Pyramid Realty Inc
Source: StateWide MLS RI,MLS#: 1412765
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: Electric Water Heater, Gas Water Heater, Oven/Range, Refrigerator
- 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
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: $298/sqft
- Annual tax amount: $6,000
- Date on market: 5/21/2026
- Total actual rent: 7500
Estimated market value
$863,100
$820,000 - $906,000
$1,949/mo
Price history
| Date | Event | Price |
|---|---|---|
| 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 | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 02863
Nearby schools
GreatSchools rating
- 4/10Veterans Memorial Elementary SchoolGrades: K-5Distance: 0.2 mi
- 4/10Calcutt Middle SchoolGrades: 6-8Distance: 0.2 mi
- 1/10Central Falls Sr High SchoolGrades: 9-12Distance: 0.1 mi
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- $500,0009 bd3 ba2.8k sqft36 Garfield St, Central Falls, RI 02863Sold
- $--3 bd1 ba950 sqft36 Garfield St FLOOR 1, Central Falls, RI 02863Off Market
- $--3 bd1 ba900 sqft36 Garfield St FLOOR 3, Central Falls, RI 02863Off Market
- $440,0007 bd3 ba2.4k sqft38 Garfield St, Central Falls, RI 02863Sold
A local agent can set up tours, give advice and negotiate with sellers.
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