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50 Garfield Street

Central Falls, RI 02863
  • $995,000
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: 1412765
UPDATED: 26 min ago
$995,000
  • 8
    BEDS
  • 0.06
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,795
    SQFT
  • $262
    $/SQFT
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

Description

Solid TURN-KEY investment opportunity! Totaling 6 Modern-style units Renovated 2-BRs,1-BAs featuring Stainless Steel Kitchens,Floors,Baths. Several Capital improvements include: New Exterior Siding,Soffits, Gutters, Plumbing, New tankless water heater 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 Attached. 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 John Krekorian | Flagship Forbes Global Properties 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 John Krekorian | Flagship Forbes Global Properties. 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: 2026-06-11T11:38:01.903.
www.krekorianteam.com/homes/176723686
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50 Garfield Street Central Falls, RI 02863

  • Price: $995,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 26 min ago
  • MLS #: 1412765
8
Beds
4
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 Modern-style units Renovated 2-BRs,1-BAs featuring Stainless Steel Kitchens,Floors,Baths. Several Capital improvements include: New Exterior Siding,Soffits, Gutters, Plumbing, New tankless water heater 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 Attached. Unit video tour clip available upon request.
Exterior Features

Architectural Style Stacked Construction Materials Drywall Plaster Vinyl Siding Covered Spaces 0 Foundation Details Combination Concrete Perimeter Garage YN No Parking Features No Garage Parking Total 2

Interior Features

Appliances Electric Water Heater Gas Water Heater Oven Range Refrigerator Water Heater Basement Full Interior Entry Unfinished Basement YN Yes Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring Laminate Heating Baseboard Electric Gas Hot Water Heating YN Yes Interior Features Tub Shower

Property Features

Community Features Highway Access Near Hospital Near Schools Public Transportation Electric 100 Amp Service Human Modified YN Yes Land Lease YN No New Construction YN No Operating Expense 26460 Property Sub Type Multi Family Security Features Security System Owned Senior Community YN No Sewer Connected Structure Type Apartment Tax Annual Amount 6000 Tax Assessed Value 283300 Tax Lot 326 Tax Year 2025 Utilities Sewer Available Sewer Connected Water Source Connected Public 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 John Krekorian | Flagship Forbes Global Properties 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 John Krekorian | Flagship Forbes Global Properties. 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: 2026-06-11T11:38:01.903.
 
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John Krekorian | Flagship Forbes Global Properties
28 Caswell Street
Narragansett RI, 02882