Skip To Content

517 High Street

Central Falls, RI 02863
  • $779,000
  • STATUS: Active
  • ON SITE: 14 Days
  • MLS #: 1400827
UPDATED: 76 min ago
$779,000
  • 5
    BEDS
  • 0.15
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

Description

Investment opportunity! A high-cash-flow 5-unit multi-family property split between a 2-unit and a 3-unit building located at 511-517 High St in Central Falls, Rhode Island. All five units are in excellent, turnkey condition with strong, established tenants providing reliable immediate income for the new owner. Current rents are solid but still under market value. Its highly desirable location is close to major commuter routes, local amenities, and the upcoming Pawtucket/Central Falls Transit Hub, making it very appealing to renters. This well-maintained asset is perfect for the serious investor seeking both stable current income and significant near-term equity growth. Do not miss this chance to acquire a prime investment property in a rapidly growing market. Selling in conjuction with MLS 1400829.

Monthly Payment Calculator



[Rhode Island Statewide MLS] logo

© 2025 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: 2025-12-10T09:37:37.257.
www.krekorianteam.com/homes/170904984
Print Image

517 High Street Central Falls, RI 02863

  • Price: $779,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 76 min ago
  • MLS #: 1400827
5
Beds
3
Baths
0
½ Baths
0.15
Acres
1900
Built
County:
Providence
Area:
Central Falls
Property Description
Investment opportunity! A high-cash-flow 5-unit multi-family property split between a 2-unit and a 3-unit building located at 511-517 High St in Central Falls, Rhode Island. All five units are in excellent, turnkey condition with strong, established tenants providing reliable immediate income for the new owner. Current rents are solid but still under market value. Its highly desirable location is close to major commuter routes, local amenities, and the upcoming Pawtucket/Central Falls Transit Hub, making it very appealing to renters. This well-maintained asset is perfect for the serious investor seeking both stable current income and significant near-term equity growth. Do not miss this chance to acquire a prime investment property in a rapidly growing market. Selling in conjuction with MLS 1400829.
Exterior Features

Construction Materials Vinyl Siding Covered Spaces 0 Garage YN No Parking Features No Garage Parking Total 0

Interior Features

Appliances Gas Water Heater Basement Exterior Entry Full Interior Entry Unfinished Basement YN Yes Cooling Window Unit(s) Cooling YN Yes Fireplace YN No Fireplaces Total 0 Flooring Ceramic Tile Vinyl Heating Baseboard Gas Heating YN Yes Interior Features Bathtub Tub Shower

Property Features

Community Features Highway Access Near Hospital Near Schools Public Transportation Restaurant Shopping Electric Separate Meters Human Modified YN No Land Lease YN No New Construction YN No Operating Expense 0 Property Sub Type Multi Family Senior Community YN No Sewer Connected Public Sewer Structure Type Apartment Tax Annual Amount 7970 Tax Assessed Value 613300 Tax Lot 104 Tax Year 2025 Utilities Sewer Connected Water Source Connected Public Zoning R-2

[Rhode Island Statewide MLS] logo Listing information © 2025 State-Wide Multiple Listing Service.
Listing provided courtesy of RE/MAX Impact: .



[Rhode Island Statewide MLS] logo

© 2025 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: 2025-12-10T09:37:37.257.
 
https://bt-photos.global.ssl.fastly.net/rhodeisland/orig_boomver_1_1400827-2.jpg https://bt-photos.global.ssl.fastly.net/rhodeisland/orig_boomver_1_1400827-2.jpg https://bt-photos.global.ssl.fastly.net/rhodeisland/orig_boomver_1_1400827-2.jpg
Logo
John Krekorian | Flagship Forbes Global Properties
28 Caswell Street
Narragansett RI, 02882