$459,000
PENDING

36 Garfield St Central Falls, RI 02863

Estimated payment $2,868/month

Total Views 4,775
9 Beds
3 Baths
2,364 Sq Ft
$194 Price per Sq Ft

About This Home

This well-maintained property offers solid rental income and long-term investment potential. Each unit is spacious and in good condition, with reliable tenants already in place. The property includes an easement that provides access to off-street parking for the rear property (38 Garfield - MLS #1397058). Properties have separate deeded lots. Whether you're expanding your portfolio or entering the multifamily market, this property delivers stability and convenience. This is a smart investment with immediate cash flow.

Listing Agent

Bernadette Forbes

Coldwell Banker Realty Listed on: 10/06/2025

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,330

Year Built

  • Built in 1900

Lot Details

  • 2,574 Sq Ft Lot

Parking

  • 2 Car Parking Spaces

Home Design

  • Triplex

Interior Spaces

  • 2,364 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Community Details

  • 3 Units
  • Net Operating Income $49,200

Listing and Financial Details

  • Assessor Parcel Number M:06 P:318,316402

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,330

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1900
  • Levels: 3
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Unfinished
  • Above Grade Finished Sq Ft: 2364
  • Living Area: 2364
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN6181

Exterior Features

  • Foundation Details: Other
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Water Source: Public
  • Hot Water: Electric

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:06 P:318,316402
  • Zoning: R-3
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements
  • Lot Size Acres: 0.06
  • Lot Size Sq Ft: 2574
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 5330

Multi Family

  • Net Operating Income: 49200
  • Number Of Units Total: 3
  • Total Actual Rent: 4100
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 3: 3

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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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
10/23/2025 10/23/25 Pending -- -- --
10/06/2025 10/06/25 For Sale $459,000 +45.7% $194 / Sq Ft
07/15/2021 07/15/21 Sold $315,000 -16.0% $83 / Sq Ft View Prior Sale
06/15/2021 06/15/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $374,900 -- $99 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73440919

MLS Property Information Network (MLS PIN)

APN: CENT M:06 P:318