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Off market
  • $605,900

    863 Broad St, Central Falls, RI 02863

    6beds
    3,486sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $605,900 Zestimate®
    $174/sqft
    $1,463 Estimated rent

    Home value

    $605,900

    $545,000 - $654,000

    $1,463/mo

    Zestimate® history
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    $1,463/mo

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    Rent Zestimate®

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    $3,122/mo

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    What's special

    Take a look at this income generating multifamily mixed use property. $1800 a month income from the first floor restaurant. second and third floor generating $1100 monthly which is below market rent. Extra income from the storage in the back. Parking for 2-3 cars. this sale does not include the restaurant equipment. First floor tenant has a lease until June of 2022. Second floor town house style residential unit is currently occupied by the restaurant owner with no lease. Newer roof, heating system, hot water tank and ductless AC.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 2
    • 1/2 bathrooms: 2
    Heating
    • Baseboard, Forced air, Electric, Gas
    Features
    • Flooring: Hardwood
    • Basement: Finished
    Interior area
    • Total interior livable area: 3,486 sqft

    Property

    Features
    • Exterior features: Vinyl
    Lot
    • Size: 4,403 sqft
    Details
    • Parcel number: CENTM02P2

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Built-up
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: 100 Amps, 200 Amps, 220 Volts
    • Sewer: Connected, Public Connected

    Community & neighborhood

    Location
    • Region: Central Falls

    Other

    Other facts
    • Electric: 100 Amps, 200 Amps, 220 Volts
    • Exterior: Vinyl Siding
    • FinishedFloor: Hardwood
    • HeatingFuel: Gas, Electric
    • HeatPaidBy: Tenant
    • HotWater: Gas, Tenant Pays, Tank
    • Near: Bus, Shopping
    • FoundationType: Mixed
    • Wall: Dry Wall, Plaster
    • Type: Up/Down
    • Plumbing: Mixed
    • PropertyType: 2-4 Units Multi Family
    • Sewer: Connected, Public Connected
    • SubsidizedHousing: 0
    • UnderConstruction: 0
    • WaterSupply: Connected
    • Interior: Skylight
    • Cooling: Ductless AC, Window Units
    • Equipment: Alarm Owned
    • HeatingSystem: Baseboard, Central Air
    • Insulation: Unknown
    • Historic: Unknown
    • TimeShareYN: 0

    Price history

    DateEventPrice
    4/1/2021Listing removed--
    Source: StateWide MLS RI #1269012 Report a problem
    11/2/2020Listed for sale$315,000+530%$90/sqft
    Source: Green Island Realty, Inc. #1269012 Report a problem
    1/30/2014Sold$50,000-56.5%$14/sqft
    Source: Public Record Report a problem
    4/13/2009Sold$115,000-42.5%$33/sqft
    Source: Public Record Report a problem
    9/3/2008Sold$200,000-36.9%$57/sqft
    Source: Public Record Report a problem
    11/10/2005Sold$317,000$91/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,771 +20.7%$436,900 +56.3%
    2024$4,781 $279,600 -2.8%
    2023$4,781 $287,600
    2022$4,781 $287,600 +42.9%
    2021$4,781 +0.3%$201,200
    2020$4,766 -4.3%$201,200
    2019$4,982 -13.9%$201,200 -8.5%
    2018$5,788 +0.3%$220,000 +0.3%
    2017$5,772 +1.5%$219,400
    2016$5,689 +3.8%$219,400 +10.6%
    2015$5,482 +1.4%$198,400
    2014$5,408 +6%$198,400
    2013$5,103 +0.3%$198,400 +794.5%
    2012$5,090 +4.2%$22,180 -90%
    2011$4,886 +14.6%$221,800
    2010$4,263 +106.1%$221,800 +47.6%
    2006$2,068 +5.5%$150,300
    2005$1,960 $150,300
    2004$1,960 -35.5%$150,300 +17.5%
    2003$3,038 $127,900

    Find assessor info on the county website

    Neighborhood: 02863

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $605,900
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    Estimated market value
    $605,900