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237 Cowden Street

Central Falls, RI 02863
  • $1,175,000
  • STATUS: Active
  • ON SITE: 32 Days
  • MLS #: 1414946
Price Reduced
UPDATED: 20 min ago
$1,175,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1900
County:

School Ratings & Info

Description

Turnkey 5-Unit Multifamily Investment Fully renovated 5-unit apartment building with all major capital improvements completed, including new plumbing, electrical, HVAC, insulation, kitchens, and bathrooms. Investors can benefit from minimal deferred maintenance and reduced capital expenditure risk for years to come. Located in a high-demand rental market near schools, parks, restaurants, shopping, public transportation, and major employment centers, supporting strong occupancy and tenant retention. Investment Highlights: 5 residential units 4 2 bedroom 1 bath 1 4 bedroom 2 bath 100% renovated building New major systems throughout Low-maintenance asset Strong rental demand location Ideal for cash flow and long-term appreciation A rare opportunity to acquire a stabilized, turnkey multifamily property. Perfect for investors seeking reliable income with limited near-term capital requirements.

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[Rhode Island Statewide MLS] logo

© 2026 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than The Lavonne Lopes Group | Keller Williams Coastal are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lavonne Lopes Group | Keller Williams Coastal. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-07-12T23:37:34.807.
www.lavonnelopes.com/homes/177521774
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237 Cowden Street Central Falls, RI 02863

  • Price: $1,175,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 20 min ago
  • MLS #: 1414946
0
Beds
0
Baths
0
½ Baths
0.1
Acres
1900
Built
County:
Providence
Area:
Central Falls
Property Description
Turnkey 5-Unit Multifamily Investment Fully renovated 5-unit apartment building with all major capital improvements completed, including new plumbing, electrical, HVAC, insulation, kitchens, and bathrooms. Investors can benefit from minimal deferred maintenance and reduced capital expenditure risk for years to come. Located in a high-demand rental market near schools, parks, restaurants, shopping, public transportation, and major employment centers, supporting strong occupancy and tenant retention. Investment Highlights: 5 residential units 4 2 bedroom 1 bath 1 4 bedroom 2 bath 100% renovated building New major systems throughout Low-maintenance asset Strong rental demand location Ideal for cash flow and long-term appreciation A rare opportunity to acquire a stabilized, turnkey multifamily property. Perfect for investors seeking reliable income with limited near-term capital requirements.
Exterior Features

Foundation Details Concrete Perimeter Levels Three Or More Parking Total 5

Interior Features

Basement Full Basement YN Yes Cooling Ductless Window Unit(s) Cooling YN Yes Heating Forced Air Heating YN Yes

Property Features

Business Type Residential Community Features Near Schools Public Transportation Recreation Area Restaurant Shopping Street Lights Electric 110 Volts220 Volts Human Modified YN Yes Land Lease YN No Laundry Features Common Area New Construction YN No Owner Pays Common Area Maintenance Exterior Maintenance Sewer Taxes Trash Collection Water Property Sub Type Commercial Sewer Connected Tax Annual Amount 7351.96 Tax Assessed Value 570098 Tax Lot 269 Tax Year 2025 Utilities Cable Available Electricity Available Fiber Optic Available Natural Gas Available Natural Gas Connected Municipal Utilities Phone Available Water Connected Sewer Available Sewer Connected Water Available Water Source Connected Public

[Rhode Island Statewide MLS] logo Listing information © 2026 State-Wide Multiple Listing Service.
Listing provided courtesy of Keller Williams Leading Edge: .



[Rhode Island Statewide MLS] logo

© 2026 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than The Lavonne Lopes Group | Keller Williams Coastal are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lavonne Lopes Group | Keller Williams Coastal. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-07-12T23:37:34.807.
 
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The Lavonne Lopes Group | Keller Williams Coastal
501 Centerville Rd. Suite 201
Warwick RI, 02886