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Off market
  • $577,000

    98 Railroad St, Central Falls, RI 02863

    7beds
    2,534sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $577,000 Zestimate®
    $228/sqft
    $1,425 Estimated rent

    Home value

    $577,000

    $525,000 - $623,000

    $1,425/mo

    Zestimate® history
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    Owner options

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    $1,425/mo

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    $1,425/mo

    Rent Zestimate®

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    $2,973/mo

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    $2,973/mo

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    What's special

    Attention investors! Excellent opportunity to own a money making 3-family without even making a single change. 1st floor has and eat-in-kitchen with a large living room and 3 bedrooms with some hardwood flooring. 2nd floor is divided to make into 2 units. One unit has an eat-in-kitchen and 2 bedrooms with gas-on-gas heat. The other unit is a townhouse style unit with a eat-in-kitchen and living room on the first level and 2 bedrooms on the second level also with gas-on-gas heating. There is room for off-street parking. Rents are below market but all tenants are long term. One has been there for over 30 years! ALL TENANTS TO REMAIN and property will not qualify for FHA financing. Cash or 203k buyers only.

    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: 7
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Baseboard, Gas, Oil
    Cooling
    • None
    Appliances
    • Laundry: In Building
    Features
    • Flooring: Carpet, Hardwood, Laminate, Linoleum / Vinyl
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 2,534 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 5,009 sqft
    Details
    • Parcel number: CENTM01P124

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: 100 Amps
    • Sewer: Connected

    Community & neighborhood

    Location
    • Region: Central Falls

    Other

    Other facts
    • Electric: 100 Amps
    • FinishedFloor: Hardwood, Vinyl, Wall to Wall Carpet, Laminate
    • BasementFinish: Unfinished
    • HeatingFuel: Gas, Oil
    • HeatPaidBy: Tenant
    • BasementType: Full
    • FoundationType: Concrete
    • HotWater: Oil
    • BasementAccess: Interior Only
    • Laundry: In Building
    • Type: Up/Down
    • Plumbing: Mixed
    • PropertyType: 2-4 Units Multi Family
    • Exterior: Other Siding
    • Sewer: Connected
    • SubsidizedHousing: 0
    • UnderConstruction: 0
    • Wall: Plaster, Ceramic
    • WaterSupply: Connected
    • LotDescription: Corner
    • HeatingSystem: Baseboard, Gas on Gas
    • Insulation: Unknown
    • Historic: Unknown
    • ApxHeatCost: Undetermined
    • TimeShareYN: 0

    Price history

    DateEventPrice
    11/20/2020Sold$210,000-6.6%$83/sqft
    Source: StateWide MLS RI #1265718 Report a problem
    10/15/2020Listed for sale$224,900$89/sqft
    Source: The Mercurio Group Real Estate #1265718 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,424 +9.4%$410,600 +55.8%
    2024$4,958 +7.7%$263,600
    2023$4,602 $263,600
    2022$4,602 +36.7%$263,600 +86%
    2021$3,367 +0.3%$141,700
    2020$3,357 -4.3%$141,700
    2019$3,508 +21.8%$141,700 +29.4%
    2018$2,881 $109,500
    2017$2,881 +1.5%$109,500
    2016$2,839 +15.6%$109,500 +23.2%
    2015$2,456 +1.4%$88,900
    2014$2,423 +5.9%$88,900
    2013$2,287 -8.6%$88,900 +715.6%
    2012$2,502 +4.2%$10,900 -90%
    2011$2,401 +14.6%$109,000
    2010$2,095 -21.3%$109,000 -55.9%
    2009$2,663 +2.3%$247,000
    2008$2,603 +1.8%$247,000 +32.9%
    2006$2,557 +5.9%$185,800 +0.3%
    2005$2,415 $185,200
    2004$2,415 +16%$185,200 +111.4%
    2003$2,081 $87,600

    Find assessor info on the county website

    Neighborhood: 02863

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $577,000
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    Estimated market value
    $577,000