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112 Clay Street Central Falls, RI $ 599,900
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112 Clay Street
$ 599,900
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112 Clay Street

Central Falls, RI, 02863
$ 599,900
Bedrooms5 Baths3.0 Sq 2,518

Monthly Estimate*

$ 3,694

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Multi-Family Home for sale in Central Falls, RI

for $599,900 with 5 bedrooms and 3 full baths. This 2,518 square foot home was built in 1867 on a lot size of 0.15.

Incredible wealth-building opportunity at 112 Clay Street in Central Falls, RI! This massive, highly versatile 3-family property is delivered 100% vacant, offering an estimated $4,800+/month in residential rental income. Perfect for savvy real estate investors or owner-occupants seeking the ultimate house-hack, this spacious multi-family home features 5 bedrooms and 3 bathrooms across three functional, well-designed layouts. The property features a spacious 3-bed/1-bath unit ideal for an owner's suite, alongside two 1-bed/1-bath units to maximize your monthly cash flow. Extremely well-located in a high-demand commuter hub close to I-95, local restaurants, shopping, and the local train station, keeping tenant demand high and vacancy rates low. Adding massive value is a rare 2,000+ sqft detached garage with 13+ ft ceilings, 220V electrical power (separated), heavy-duty cinderblock construction, and an 8-inch concrete slab. This bonus commercial-grade structure is perfect for contractors, business storage, a private workshop, or separate rental income. Explore local zoning guidelines for ADU (Accessory Dwelling Unit) potential to add a 4th income-producing stream! With off-street parking for up to 12 cars, individual utility meters, low-maintenance vinyl siding, and unparalleled versatility, this property offers a rare combination of immediate high-yield cash-flow and long-term equity growth.

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Multi-Family Active

Price

$ 599,900

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,577

Style

Lot Size

0.15

Year Built

1867

Town/City

Central Falls

County/Region

Providence

MLS | Web ID

1414312
Features
General
Sewer Connected
Heating Forced Air Gas
Cooling Central Air
Utilities Sewer Connected
Possession Close Through 45 Days Immediately Negotiable
Garage Spaces 8
Patio/Porch Features Porch
Construction Materials Vinyl Siding
Year Built 1867
Electric 100 Amp Service Circuit Breakers Separate Meters
Property Subtype Multi Family
Tax Year 2025
County Providence
Operating Expense 0
New Construction false
Property Type Residential Income
Attached Garage false
Garage Y/N true
Total Rooms 9
Full Baths 3
Status Active
City Central Falls
Senior Community Y/N false
Number Of Units Total 3
Lot Size Units Square Feet
Lot Size Square Feet 6534
Land Lease Y/N false
Tax Annual Amount 6577
Virtual Tour https://www.instagram.com/reel/DXRZcGIgHyM/?utm_source=ig_web_copy_link&igsh=MzRlODBiNWFlZA==
Standard Status Active
Tax Assessed Value 497900
Tax Lot 24
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Interior
Basement Full Partially Finished
Flooring Carpet Ceramic Tile Hardwood
Total Fireplaces 0
Total Stories 2
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Window Features Storm Window(s)
Fireplace Y/N false
Half Baths 0
Total Bedrooms 5
Total Baths 3
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Exterior
Exterior Amenities Porch
Parking Features Detached Garage
Water Source Connected
Total Parking 15
Inclusions Buyer and Buyer’s Agent to perform all due diligence. Information provided including MLS data is deemed reliable but not guaranteed. Seller and Listing Agent make no representations or warranties as to accuracy.
Lot Size Area 6534
Number of Buildings 2
Building Area Total 2518
Lot Size Acres 0.15
Covered Spaces 8
Door Features Storm Door(s)
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* Excluded Features
List By
Exp Realty

Broker

jonathanbolano@bolanoteam.com

Email

Affordability Calculator

$4,242
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,694
Monthly Property Taxes
$548
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
6/4/2026$599,900 Listed Price

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112 Clay Street, Central Falls, RI, 02863 is a Multi-Family Home for sale at $599,900 with 2,518 sqft and a lot size of 0.15. 112 Clay Street has 5 bedrooms, 3.0 baths, and was built in 1867. The property's zip code is 02863 which is in Central Falls, RI

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