NOT LISTED FOR SALE

38 Garfield St Central Falls, RI 02863

7 Beds
3 Baths
3,300 Sq Ft
2,570 Sq Ft Lot

Last Sold July 15, 2021

Last sale price $315,000 $95 Per Sq Ft

32 Days on Market

Highlights

  • Wood Flooring
  • Public Transportation
  • Baseboard Heating
  • Recreation Facilities
  • Property near a hospital

About This Home

As of July 2021

Potential Owner Occupants and Investors look no further! 7 Bed, 3 Bath turn key investment property for sale! This 3-unit multifamily property had an interior renovation down to the studs in 2011 and roof replacement in 2016. The next owner will be able to gross a rental income of $39,000 per year. All units are currently occupied with month-to-month tenants. Property recently had water main separated from 36 Garfield St. As a term of the sale, seller will be adding deeded easement over 36 Garfield St. to access the property/share parking. Driveway was repaved in early May 2021.

Last Agent to Sell the Property

Jonathan Perry

Coldwell Banker Realty License #RES.0043996 Listed on: 05/13/2021

Last Buyer's Agent

Yasah Pitcher

Keller Williams Leading Edge License #RES.0045591

Keller Williams Leading Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,691

Year Built

  • Built in 1900

Lot Details

  • 2,570

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,300 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Baseboard Heating
  • 100 Amp Service
  • Electric Water Heater

Additional Features

  • 2,570 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 317
  • Assessor Parcel Number 38GARFIELDSTCFLS

Community Details

Recreation

  • Recreation Facilities

Additional Features

  • 3 Units
  • Public Transportation
  • Operating Expense $8,796

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,691

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.059
  • Above Grade Finished Sq Ft: 3300.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2570.04
  • Parcel #: 38GARFIELDSTCFLS
  • Zoning: R-3
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 8796.0

Tax Info

  • Tax Annual Amount: 3690.9
  • Tax Lot: 317
  • Tax Year: 2020

Range of Values:

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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 Change Sq Ft Price
07/15/2021 07/15/21 Sold $315,000 -12.5% $95 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $359,900 -- $109 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jonathan Perry

    Coldwell Banker Realty

  • Y

    Buyer's Agent in 2021

    Yasah Pitcher

    Keller Williams Leading Edge

    (401) 286-9420

    2 in this area

    12 Total Sales

    Yasah Pitcher
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1282702

State-Wide MLS

APN: CENT M:06 P:317

Rhode Island Providence County Central Falls 02863

38 Garfield St, Central Falls, RI

This home is located at 38 Garfield St, Central Falls, RI 02863 since 13 May 2021. This property was built in 1900. 38 Garfield St is a home located in Providence County with nearby schools including Central Falls Senior High School, Blackstone Valley Prep Elementary School 2, and Blackstone Valley Prep Junior High School.

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