$605,000
OPEN SAT 12PM - 1:30PM

113 Summer St Central Falls, RI 02863

Estimated payment $3,756/month

Total Views 1,259
7 Beds
3 Baths
3,822 Sq Ft
$158 Price per Sq Ft

Highlights

  • Wood Flooring
  • Recreation Facilities
  • Bathtub with Shower
  • Community Pool
  • Window Unit Cooling System
  • Laundry Room

About This Home

Investment opportunity in Central Falls: a fully tenant-occupied three-family home for sale near downtown, the Pawtucket Central Falls commuter rail station, and Jenks Park. Built in 1900 and offering 2,730 square feet across three updated units, this turnkey multi-family delivers immediate rental income from day one. The unit mix includes two 2-bedroom apartments and one 3-bedroom apartment, each with a full bath and its own updated kitchen. Separate gas and electric metering lets tenants pay their own utilities, while three gas boilers and three gas hot water tanks keep operating costs simple and predictable. Hardwood and vinyl floors run throughout, and a full basement adds shared storage and laundry potential. The roof is approximately 11 years old. A shared driveway provides off-street parking for up to six cars on a 5,227-square-foot lot. This commuter-friendly location puts you minutes from I-95 and Route 114, plus walkable access to Dexter Street and Broad Street shops and dining. Whether you are an investor expanding a portfolio or a first-time multi-family buyer looking to offset your mortgage, this updated income property is ready to perform. Schedule your private tour today.

Listing Agent

Alex Parmenidez

Coldwell Banker Realty License #REB.0202861 Listed on: 06/16/2026

Coldwell Banker Realty

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,930

Year Built

  • Built in 1900

Lot Details

  • 5,150 Sq Ft Lot
  • Fenced
  • Paved or Partially Paved Lot

Home Design

  • Vinyl Siding
  • Plaster

Interior Spaces

  • 3,822 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Laundry Room
  • Utility Room

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage
  • Driveway

Location

  • Property near a hospital

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Separate Meters
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 122
  • Assessor Parcel Number 113SUMMERSTCFLS

Community Details

Overview

  • 3 Units

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Recreation Facilities
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,930

Year Built

Built in 1900

Lot Details

5,150 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1182
  • Above Grade Finished Sq Ft: 3822.0
  • Architectural Style: Stacked
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: 4097

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Interior Steps, Tub Shower
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3

Exterior Features

  • Fencing: Fenced
  • Lot Features: Paved
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, Separate Meters
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Pool, Public Transportation, Recreation Area, Restaurant, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5150.0
  • Parcel #: 113SUMMERSTCFLS
  • Zoning: R-3

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5930.0
  • Tax Lot: 122
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $3,352 $247,900 $70,700 $177,200
2024 $3,619 $208,600 $62,200 $146,400
2023 $3,453 $209,400 $62,200 $147,200
2022 $3,445 $209,400 $62,200 $147,200
2021 $3,175 $156,500 $51,800 $104,700
2020 $3,152 $156,500 $51,800 $104,700
2018 $3,580 $160,200 $69,400 $90,800
2017 $3,508 $160,200 $69,400 $90,800
2016 $3,460 $160,200 $69,400 $90,800
2015 $3,160 $134,300 $60,000 $74,300
2014 $3,165 $134,300 $60,000 $74,300
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 Prior Sale
06/16/2026 06/16/26 For Sale $605,000 +290.3% $158 / Sq Ft
04/08/2016 04/08/16 Sold $155,000 -8.8% $52 / Sq Ft View Prior Sale
03/09/2016 03/09/16 Pending -- -- --
08/31/2015 08/31/15 For Sale $169,900 -- $57 / Sq Ft
Source: State-Wide MLS

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 -- --
Deed -- --
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 $70,000 Unknown
Source: Public Records

About the Listing Agent

Alex Parmenidez

Coldwell Banker Realty

(401) 386-3706

Section Image

With over 13 years of real estate experience, Alexander Parmenidez is a trusted REALTOR® and Broker Associate with Coldwell Banker Realty, proudly serving clients across Rhode Island and southern New England. He specializes in residential, land, and commercial properties, offering expert guidance through every stage of the buying or selling process. Based near Providence, Alex brings deep knowledge of communities throughout Providence, Kent, and Washington counties. Known for his integrity,

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Source: State-Wide MLS

MLS Number: 1415251

State-Wide MLS

APN: LINC-000037-000240-000000

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