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50 Garfield Street Central Falls, RI $ 995,000
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$ 995,000 Get more info
50 Garfield Street
$ 995,000
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50 Garfield Street

Central Falls, RI, 02863
$ 995,000
Bedrooms-- Baths-- Sq 3,795

Monthly Estimate*

$ 6,126

50 Garfield Street, Central Falls, RI 02863 - Image 1
50 Garfield Street, Central Falls, RI 02863 - Image 2
50 Garfield Street, Central Falls, RI 02863 - Image 3
50 Garfield Street, Central Falls, RI 02863 - Image 4
50 Garfield Street, Central Falls, RI 02863 - Image 5
50 Garfield Street, Central Falls, RI 02863 - Image 6
50 Garfield Street, Central Falls, RI 02863 - Image 7
50 Garfield Street, Central Falls, RI 02863 - Image 8
50 Garfield Street, Central Falls, RI 02863 - Image 9
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Commercial Property for sale in Central Falls, RI

for $995,000. This 3,795 square foot building was built in 1900 on a lot size of 0.06.

Solid TURN-KEY investment opportunity! Totaling 6 Modern-style units All 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 and a cap of $10%. 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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Commercial Active

Price

$ 995,000

Property Type

Commercial

Taxes

$ 6,000

Style

Lot Size

0.06

Year Built

1900

Town/City

Central Falls

County/Region

Providence

MLS | Web ID

1412506
Features
General
Sewer Connected
Heating Baseboard Hot Water
Utilities Natural Gas Available Natural Gas Connected Sewer Available Sewer Connected
Zoning R-3
Security Features Fire Alarm 24 Hour Security Building Security
Construction Materials Frame
Year Built 1900
Electric 100 Amp Service
Tenant Pays Heat Hot Water
Stories Count 3
Levels Three Or More
Property Subtype Commercial
Tax Year 2025
Business Type Residential
Community Features Highway Access Near Hospital Near Schools Public Transportation Sidewalks
County Providence
Net Operating Income 111100
Insurance Expense 600
New Construction false
Property Type Commercial Sale
Possible Use Residential
Status Active
City Central Falls
Number Of Units Total 1
Lot Size Units Square Feet
Lot Size Square Feet 2650
Number of Units Leased 6
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 6000
Electric Expense 3000
Trash Expense 1500
Water Sewer Expense 360
Lease Renewal Y/N true
Leasable Area 3795
Lease Considered Y/N true
Virtual Tour https://tour.RiLiving.com/50-Garfield-Street-Unit-6-Central-Falls-RI-02863
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 283300
Tax Lot 326
Cap Rate 11
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Interior
Basement Full
Furnished Y/N Unfurnished
Total Stories 3
Basement (Y/N) true
Heating Y/N true
Total Baths 0
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Exterior
Total Parking 2
Lot Size Area 2650
Foundation Details Combination Concrete Perimeter
Number of Buildings 1
Building Area Total 3795
Lot Size Acres 0.06
Road Surface Type Concrete
Road Frontage Type City Street
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* Excluded Features
List By
Pyramid Realty Inc

Broker

pyramidrealtyinc@gmail.com

Email

Affordability Calculator

$6,626
Per Month
92%
8%
0%
Monthly Principal & Interest
$6,126
Monthly Property Taxes
$500
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
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Pricing History
DatePricePrice ChangeDescription
5/13/2026$995,000 Listed Price

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50 Garfield Street, Central Falls, RI, 02863 is a Commercial Property for sale at $995,000 with 3,795 sqft and a lot size of 0.06. 50 Garfield Street was built in 1900. The property's zip code is 02863 which is in Central Falls, RI

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