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50 Garfield Street

Central Falls, RI 02863
  • $995,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: 1412506
UPDATED: 45 min ago
$995,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,795
    SQFT
  • $262
    $/SQFT
Type:
Commercial
Built:
1900
County:

School Ratings & Info

Description

Solid TURN-KEY investment opportunity! Totaling 6 Renovated units New 2-BRs,1-BAs featuring Stainless Steel Kitchens,Floors,Baths. Several Capital improvements include: New Exterior Siding,Soffits, Gutters, Windows, Plumbing, Two heating systems 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/ Unit video tour clip available upon request.

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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: 2026-06-07T09:37:50.65.
www.lavonnelopes.com/homes/176416903
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50 Garfield Street Central Falls, RI 02863

  • Price: $995,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 45 min ago
  • MLS #: 1412506
0
Beds
0
Baths
0
½ Baths
0.06
Acres
3,795
SQFT
$262
$/SQFT
1900
Built
County:
Providence
Area:
Central Falls
Property Description
Solid TURN-KEY investment opportunity! Totaling 6 Renovated units New 2-BRs,1-BAs featuring Stainless Steel Kitchens,Floors,Baths. Several Capital improvements include: New Exterior Siding,Soffits, Gutters, Windows, Plumbing, Two heating systems 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/ Unit video tour clip available upon request.
Exterior Features

Construction Materials Frame Foundation Details Combination Concrete Perimeter Levels Three Or More Parking Total 2

Interior Features

Basement Full Basement YN Yes Furnished Unfurnished Heating Baseboard Hot Water Heating YN Yes

Property Features

Business Type Residential Community Features Highway Access Near Hospital Near Schools Public Transportation Sidewalks Electric 100 Amp Service Human Modified YN Yes Land Lease YN No Lease Considered YN Yes New Construction YN No Owner Pays Electricity Insurance Parking Fee Possible Use Residential Property Sub Type Commercial Road Frontage Type City Street Road Surface Type Concrete Security Features Fire Alarm24 Hour Security Building Security Sewer Connected Tax Annual Amount 6000 Tax Assessed Value 283300 Tax Lot 326 Tax Year 2025 Tenant Pays Heat Hot Water Utilities Natural Gas Available Natural Gas Connected Sewer Available Sewer Connected Zoning R-3

[Rhode Island Statewide MLS] logo Listing information © 2026 State-Wide Multiple Listing Service.
Listing provided courtesy of Pyramid Realty Inc: .



[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: 2026-06-07T09:37:50.65.
 
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The Lavonne Lopes Group | Keller Williams Coastal
501 Centerville Rd. Suite 201
Warwick RI, 02886