NOT LISTED FOR SALE

1 Worth St Central Falls, RI 02863

8 Beds
4 Baths
4,873 Sq Ft
4,792 Sq Ft Lot

Last Sold August 25, 2023

Last sale price $440,000 $90 Per Sq Ft

14 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • 4-minute walk to Central Falls Veterans Park
  • 2 Car Detached Garage

About This Home

As of August 2023

This Cash flowing multi-family home is located in a highly desirable, safe neighborhood that is popular among families and young professionals. The property consists of 3 units and a finished basement, each with a spacious floor plan and modern finishes. The building is well-maintained ensuring low maintenance costs for years to come with its new roof, new plumbing and updated fire alarm system! This property is collecting $4,500 in monthly rents! cash flow from day one! The exterior of the building is attractive and well-landscaped, with ample parking and outdoor living spaces for tenants to enjoy. The property also features convenient amenities. The location of this multi-family home is a major selling point, as it is situated in close proximity to popular shopping, dining, and entertainment destinations, as well as public transportation options. The neighborhood is known for its low crime rate and family-friendly atmosphere, making it an ideal place for tenants to call home. Overall, this multi-family home represents a fantastic investment opportunity, with strong rental demand and potential for long-term appreciation. Its combination of attractive features and prime location make it a must-see for any savvy real estate investor.

Last Agent to Sell the Property

Kevin Sokolowski

HERE Realty License #RES.0045061 Listed on: 06/05/2023

Last Buyer's Agent

Non-Mls Member

Non-Mls Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,572

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Aluminum Siding

Interior Spaces

  • 4,873 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Tax Lot 188
  • Assessor Parcel Number 1WORTHSTCFLS

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,572

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Above Grade Finished Sq Ft: 4873.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1900
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Number Of Buildings: 2
  • Appliances: Gas Water Heater
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Hardwood
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Aluminum Siding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4792.0
  • Parcel #: 1WORTHSTCFLS
  • Zoning: R-2
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3572.0
  • Tax Lot: 188
  • Tax Year: 2022

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2023 08/25/23 Sold $440,000 -2.2% $90 / Sq Ft
06/19/2023 06/19/23 Pending -- -- --
06/15/2023 06/15/23 Price Changed $450,000 -4.3% $92 / Sq Ft
06/05/2023 06/05/23 For Sale $470,000 +154.1% $96 / Sq Ft
09/18/2017 09/18/17 Sold $185,000 +2.8% $54 / Sq Ft View Prior Sale
08/19/2017 08/19/17 Pending -- -- --
03/23/2017 03/23/17 For Sale $180,000 -- $52 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kevin Sokolowski

    Seller's Agent in 2023

    Kevin Sokolowski

    HERE Realty

    (401) 523-9483

    3 in this area

    136 Total Sales

    Kevin Sokolowski
    Section Image

  • N

    Buyer's Agent in 2023

    Non-Mls Member

    Non-Mls Member

  • Helene Dominguez

    Seller's Agent in 2017

    Helene Dominguez

    D'Empire Real Estate LLC

    (401) 688-2119

    4 in this area

    103 Total Sales

    Helene Dominguez
    Section Image

  • C

    Buyer's Agent in 2017

    Colleen Conley

    Keller Williams Coastal

    (401) 465-0539

    10 Total Sales

    Colleen Conley
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1337007

State-Wide MLS

APN: CENT M:07 P:188

Rhode Island Providence County Central Falls 02863

1 Worth St, Central Falls, RI

Not Listed for Sale

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