Excellent investment opportunity in Central Falls! This well-maintained 3 unit property features one unit with 3 bedrooms and two units with 2 bedrooms, all currently occupied. Each unit offers a spacious layout, providing comfortable living for tenants. The property consists of three separate units on one lot, ensuring tenant privacy and individual space. Additional features include a detached garage space and two off-street parking spots, adding convenience for residents. Located in a desirable area near highways and amenities, this property offers easy access to shopping, dining, and transportation. With its prime location, ample parking, and tenant privacy, this multifamily home is a solid investment with great rental income potential.
Sold for $560,000
$560,000
86 Washington St, Central Falls, RI 02863
7beds
2,010sqft
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$279/sqft
$4,573 Estimated rent
Home value
Not available
Estimated sales range
Not available
$4,573/mo
Zestimate® history
Owner options
List your home for rent
$4,573/mo
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$4,573/mo
Rent Zestimate®
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$2,885/mo
Est. payment
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$2,885/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Kyle Seyboth 508-726-3492,
Century 21 The Seyboth Team
Bought with:
Michele Stevenin, REB.0018850
Engel & Volkers Oceanside
Source: StateWide MLS RI,MLS#: 1361521
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Baseboard, Space Heater
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Flooring: Ceramic Tile, Laminate
- Basement: Full,Interior Entry,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,010
- Total interior livable area: 2,010 sqft
Property
Parking
- Total spaces: 3
- Parking features: Detached
- Garage spaces: 1
Lot
- Size: 5,227 sqft
Details
- Parcel number: CENTM05P248
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Central Falls
HOA & financial
Other financial information
- Total actual rent: 4150
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2024 | Sold | $560,000-2.6%$279/sqft |
Source:  StateWide MLS RI #1361521 Report a problem | ||
| 7/18/2024 | Pending sale | $575,000$286/sqft |
Source: StateWide MLS RI #1361521 Report a problem | ||
| 7/9/2024 | Price change | $575,000-4%$286/sqft |
Source: StateWide MLS RI #1361521 Report a problem | ||
| 6/13/2024 | Listed for sale | $599,000+698.7%$298/sqft |
Source: StateWide MLS RI #1361521 Report a problem | ||
| 4/16/2019 | Listing removed | $1,400$1/sqft |
Source: Blackstone Group Leasing and Management Report a problem | ||
| 3/27/2019 | Listed for rent | $1,400$1/sqft |
Source: Blackstone Group Leasing and Management Report a problem | ||
| 10/4/2017 | Sold | $75,000+36.4%$37/sqft |
Source: Public Record Report a problem | ||
| 6/3/2014 | Sold | $55,000$27/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,040 -36.3% | $457,200 -9.2% |
| 2024 | $9,475 +7.7% | $503,700 |
| 2023 | $8,795 | $503,700 |
| 2022 | $8,795 +78% | $503,700 +142.2% |
| 2021 | $4,942 +0.3% | $208,000 |
| 2020 | $4,928 -4.3% | $208,000 |
| 2019 | $5,150 +92.5% | $208,000 +104.5% |
| 2018 | $2,676 | $101,700 |
| 2017 | $2,676 +1.5% | $101,700 |
| 2016 | $2,637 +31.1% | $101,700 +39.7% |
| 2015 | $2,011 +1.3% | $72,800 |
| 2014 | $1,985 +6% | $72,800 |
| 2013 | $1,872 -23.5% | $72,800 +582.9% |
| 2012 | $2,446 +4.2% | $10,660 -90% |
| 2011 | $2,348 +6.2% | $106,600 -7.3% |
| 2010 | $2,210 +43.7% | $115,000 -19.4% |
| 2009 | $1,538 +2.3% | $142,700 |
| 2008 | $1,504 +10.2% | $142,700 +43.9% |
| 2006 | $1,365 +5.5% | $99,200 |
| 2005 | $1,294 | $99,200 |
| 2004 | $1,294 -22.8% | $99,200 +40.5% |
| 2003 | $1,677 | $70,600 |
Find assessor info on the county website
Neighborhood: 02863
Nearby schools
GreatSchools rating
- 4/10Veterans Memorial Elementary SchoolGrades: K-5Distance: 0.2 mi
- 4/10Calcutt Middle SchoolGrades: 6-8Distance: 0.1 mi
- 1/10Central Falls Sr High SchoolGrades: 9-12Distance: 0.1 mi
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- Rhode Island
- Providence County
- Central Falls
- 02863
- 86 Washington St
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