Leanne McCormick
Milestone Realty, Inc.
(781) 633-7912
158 Total Sales
1 in Downtown Pawtucket
$399,000 Price
112 Clay St Central Falls, RI 02863
Downtown Pawtucket Neighborhood
5
Beds
3
Baths
2,518
Sq Ft
6,534
Sq Ft Lot
Highlights
- Wood Flooring
- Porch
- Storage Room
- 8 Car Detached Garage
- Storm Windows
- Forced Air Heating and Cooling System
About This Home
As of July 2026Incredible 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.
Last Agent to Sell the Property
eXp Realty License #RES.0043036 Listed on: 06/03/2026
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,577
Year Built
- Built in 1867
Parking
- 8 Car Detached Garage
Home Design
- Vinyl Siding
Interior Spaces
- 2,518 Sq Ft Home
- 2-Story Property
- Storage Room
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Home Security
- Storm Windows
- Storm Doors
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Separate Meters
- 100 Amp Service
- Gas Water Heater
Additional Features
- Porch
- 6,534 Sq Ft Lot
Community Details
- 2 Buildings
- 3 Units
Listing and Financial Details
- Tax Lot 24
- Assessor Parcel Number 112CLAYSTCFLS
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 21, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,948
Outstanding Balance
$160,227
Interest Rate
4.75%
Mortgage Type
FHA
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Pawtucket, RI
-
Leanne McCormick
-
Elvis Santana
Elvis Santana
Circle 100 Real Estate
(774) 806-8764
94 Total Sales
2 in Downtown Pawtucket
$569K - $625K Price Range
-
Alex Parmenidez
Alex Parmenidez
Coldwell Banker Realty
(401) 425-4256
130 Total Sales
2 in Downtown Pawtucket
$503K - $606K Price Range
-
Samuel Alba
Samuel Alba
Responds QuicklyInnovations Realty
(401) 406-4077
516 Total Sales
1 in Downtown Pawtucket
$560,000 Price
-
Herson Martinez
Herson Martinez
RISE REC
(401) 414-4072
102 Total Sales
2 in Downtown Pawtucket
$410K - $429K Price Range
-
Lisa Duffy
Lisa Duffy
Residential Properties Ltd.
(774) 500-3819
84 Total Sales
1 in Downtown Pawtucket
$642,500 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $200,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $186,948 | FHA | |
| Previous Owner | $143,500 | No Value Available |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/07/2026 07/07/26 | Sold | $625,000 | +4.2% | $248 / Sq Ft |
| 06/30/2026 06/30/26 | Pending | -- | -- | -- |
| 06/03/2026 06/03/26 | For Sale | $599,900 | -- | $238 / Sq Ft |
Source: State-Wide MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,577 | $497,900 | $126,800 | $371,100 |
| 2024 | $6,070 | $322,700 | $87,400 | $235,300 |
| 2023 | $5,986 | $322,700 | $87,400 | $235,300 |
| 2022 | $3,872 | $322,700 | $87,400 | $235,300 |
| 2021 | $5,163 | $217,300 | $42,000 | $175,300 |
| 2020 | $5,148 | $217,300 | $42,000 | $175,300 |
| 2019 | $5,380 | $217,300 | $42,000 | $175,300 |
| 2018 | $4,709 | $179,000 | $37,500 | $141,500 |
| 2017 | $4,709 | $179,000 | $37,500 | $141,500 |
| 2016 | $4,641 | $179,000 | $37,500 | $141,500 |
| 2015 | $4,910 | $177,700 | $37,500 | $140,200 |
| 2014 | $4,844 | $177,700 | $37,500 | $140,200 |
| 2013 | $4,570 | $177,700 | $37,500 | $140,200 |
Source: Public Records
Agents Affiliated with this Home
-
Jonathan Bolano
Seller's Agent in 2026
Jonathan Bolano
eXp Realty
(401) 612-3755
1 in this area
53 Total Sales
-
Juan Tejada
J
Buyer's Agent in 2026
Juan Tejada
Innovations Realty
(401) 261-7403
1 in this area
202 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1414312
APN: CENT M:05 P:24
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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