About This Home
This 0-bedroom, 0-bathroom commercial at 237 Cowden Street in Central Falls, RI is listed for $1,050,000. Built in 1900, on a 0.10 acres lot.
Key Features
- Built in 1900
- 0.10 acre lot
- 5 parking spaces
Property Details
Amenities
Excellent investment opportunity in Central Falls! This fully renovated 5-unit multifamily property offers a desirable mix of four 2-bedroom/1-bath units and one spacious 4-bedroom/2-bath unit, making it an attractive addition to an investor portfolio or a strong owner-occupant opportunity.
The property has undergone extensive renovation and is designed for low-maintenance ownership, with updated kitchens, bathrooms, electrical, plumbing, HVAC, insulation, and other major building systems. The property also offers approximately 4,356 square feet of living space and off-street parking.
The property is currently generating approximately $10,800 per month in gross rental income, or $129,600 annually, providing a strong income-producing asset in a convenient Central Falls location. With its turnkey condition, strong rental income, flexible unit mix, and proximity to Providence, major transportation routes, shopping, restaurants, schools, and local amenities, this property presents a compelling opportunity for investors seeking a stabilized multifamily asset. Offered at $1,050,000.
Monthly Cost Estimate
$5,616/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
237 Cowden Street
Central Falls, RI 02863
Property Details
Heating
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 237 Cowden Street is listed at $1,050,000. The estimated monthly payment is $5,615 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1900, 0.10 acre lot, 5 parking spaces.
This property is listed by Tomas Pelaez and can be reached at 2036132629.