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116 Foundry Street, 
Central Falls, RI 02863

$999,990


10

Beds


6

Baths


5,410

Sq Ft


Multi-Family

Active

Listed by

The Wp Group

Smith And Oak Real Estate Co.

Last updated:

July 14, 2025, 11:07 PM

MLS#

1389308

Source:

RI STATEWIDE

About This Home

116 Foundry Street

New Everything. NOI over $110K+, Cap Rate over 11%, 5 Total Units, $11,225 gross monthly rent. (1) Single Family with 2BR/2BA across 850 +/- sq. ft. currently rented at $3000 per month. (1) 4-Unit building. Unit 1 is a 3BR/1BA across 1,140 +/- sq. ft. and is vacant [MARKET $2,800 p/month]. Unit 2 is the same layout, occupied [$2,500 p/month]. The third floor is split into (2) 1BR/1BA units, both currently occupied [3L: $1,375 p/month, 3R: $1,550 p/month]. Don't let this opportunity slip. Brand new: plumbing, electrical, insulated windows, roof* siding, 3 navien tankless heat/hot water, flooring, kitchens, bathrooms, smoke detectors, light and plumbing fixtures. *Back house has brand new roof (archetectural shingles), 4-unit has flat, rubber roof in great condition. Maintenance free investment is a great addition to your portfolio in a growing market. Inquire about transferable property management available at discounted rate.

Home Facts

Multi-Family

6 Baths

10 Bedrooms

Built in 1900

Price Summary

999,990

$184 per Sq. Ft.

MLS #:

1389308

Last Updated:

July 14, 2025, 11:07 PM

Added:

9 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

10

Bathrooms

Total Bathrooms:

6

Full Bathrooms:

6

Interior

Living Area:

5,410 Sq. Ft.


Structure

Structure

Building Area:

5,410 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

5,000


Finances & Disclosures

Finances

Price:

$999,990

Price per Sq. Ft:

$184 per Sq. Ft.

MLS Logo
The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Coldwell Banker Coastal Homes are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 State-Wide MLS, Inc. All rights reserved. Date Last Update: July 14, 2025

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