237 Cowden Street Central Falls, RI $ 1,200,000
237 Cowden Street
$ 1,200,000
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237 Cowden Street

Central Falls, RI, 02863
$ 1,200,000
Bedrooms-- Baths--

Monthly Estimate*

$ 7,389

237 Cowden Street, Central Falls, RI 02863 - Image 1
237 Cowden Street, Central Falls, RI 02863 - Image 2
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237 Cowden Street, Central Falls, RI 02863 - Image 4
237 Cowden Street, Central Falls, RI 02863 - Image 5
237 Cowden Street, Central Falls, RI 02863 - Image 6
237 Cowden Street, Central Falls, RI 02863 - Image 7
237 Cowden Street, Central Falls, RI 02863 - Image 8
237 Cowden Street, Central Falls, RI 02863 - Image 9
237 Cowden Street, Central Falls, RI 02863 - Image 10
237 Cowden Street, Central Falls, RI 02863 - Image 11
237 Cowden Street, Central Falls, RI 02863 - Image 12

Commercial Property for sale in Central Falls, RI

for $1,200,000. This building was built in 1900.

Turnkey 5-Unit Multifamily Investment Fully renovated 5-unit apartment building with all major capital improvements completed, including new plumbing, electrical, HVAC, insulation, kitchens, and bathrooms. Investors can benefit from minimal deferred maintenance and reduced capital expenditure risk for years to come. Located in a high-demand rental market near schools, parks, restaurants, shopping, public transportation, and major employment centers, supporting strong occupancy and tenant retention. Investment Highlights: 5 residential units 4 2 bedroom 1 bath 1 4 bedroom 2 bath 100% renovated building New major systems throughout Low-maintenance asset Strong rental demand location Ideal for cash flow and long-term appreciation A rare opportunity to acquire a stabilized, turnkey multifamily property. Perfect for investors seeking reliable income with limited near-term capital requirements.

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Commercial Active

Price

$ 1,200,000

Property Type

Commercial

Taxes

$ 7,351

Style

Year Built

1900

Town/City

Central Falls

County/Region

Providence

MLS | Web ID

1414946

Features
General
Sewer Connected
Heating Forced Air
Cooling Ductless Window Unit(s)
Utilities Cable Available Electricity Available Fiber Optic Available Natural Gas Available Natural Gas Connected Municipal Utilities Phone Available Water Connected Sewer Available Sewer Connected Water Available
Year Built 1900
Electric 110 Volts 220 Volts
Stories Count 3
Levels Three Or More
Property Subtype Commercial
Tax Year 2025
Business Type Residential
Community Features Near Schools Public Transportation Recreation Area Restaurant Shopping Street Lights
County Providence
New Construction false
Property Type Commercial Sale
Status Active
City Central Falls
Number Of Units Total 1
Lot Size Units Square Feet
Lot Size Square Feet 4356
Land Lease Y/N false
Tax Annual Amount 7351.96
Standard Status Active
Tax Assessed Value 570098
Tax Lot 269
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Interior
Basement Full
Total Stories 3
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Common Area
Total Baths 0
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Exterior
Water Source Connected Public
Total Parking 5
Lot Size Area 4356
Foundation Details Concrete Perimeter
Number of Buildings 1
Building Area Total 0
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* Excluded Features
List By
Keller Williams Leading Edge

Broker

tom.pelaez@kw.com

Email

Affordability Calculator

$8,001
Per Month
92%
8%
0%
Monthly Principal & Interest
$7,389
Monthly Property Taxes
$613
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
Pricing History
DatePricePrice ChangeDescription
6/9/2026$1,200,000 Listed Price

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237 Cowden Street, Central Falls, RI, 02863 is a Commercial Property for sale at $1,200,000. 237 Cowden Street was built in 1900. The property's zip code is 02863 which is in Central Falls, RI