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16 Fales Street, 
Central Falls, RI 02863

$699,995


7

Beds


3

Baths


3,924

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Saul Sanchez

Citylight Homes

Last updated:

October 3, 2026, 02:25 PM

MLS#

1421571

Source:

RI STATEWIDE

About This Home

16 Fales Street

An exceptional opportunity to live, invest, and build equity in Central Falls!This impeccably cared-for three-family home offers the perfect setup for an owner-occupant looking to enjoy the benefits of homeownership while generating rental income from two additional units. The first-floor unit features three bedrooms, while the second and third floors each offer two bedrooms, providing spacious and versatile living arrangements. Each unit showcases the home's original double parlors, beautiful hardwood floors, and natural wood finishes, preserving its timeless character. The partially finished basement adds valuable flexibility and includes a full bathroom, along with separate washer and dryer hookups for each unit. Outside, enjoy a fenced-in backyard with a grassy area perfect for entertaining, relaxing, or creating your own outdoor retreat. A detached two-car garage plus ample off-street parking adds even more convenience. Conveniently situated in the heart of Central Falls, with easy access to restaurants, schools, public transportation, and major highways, this property combines location, space, and income potential. Live in one unit and let the other two help offset your housing expenses while you build equity a compelling way to begin or expand your real estate investment journey. Well-maintained and ready for its next owner. The property is being sold as-is.

Home Facts

Multi-Family

3 Baths

7 Bedrooms

Built in 1938

Subdivision & Development:

40

Price Summary

699,995

$178 per Sq. Ft.

MLS #:

1421571

Last Updated:

October 3, 2026, 02:25 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

3,924 Sq. Ft.


Structure

Structure

Building Area:

3,924 Sq. Ft.

Year Built:

1938


Lot

Lot Size (Sq. Ft):

4,499


Finances & Disclosures

Finances

Price:

$699,995

Price per Sq. Ft:

$178 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 2026 State-Wide MLS, Inc. All rights reserved. Date Last Update: October 3, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.