$750,000
$29K PRICE DROP

517 High St Central Falls, RI 02863

Estimated payment $4,547/month

Total Views 3,828
5 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Window Unit Cooling System
  • Public Transportation
  • Property near a hospital
  • Bathtub with Shower
  • Shops
  • 3-minute walk to Central Falls Dog Park

About This Home

Price improvement! Investment opportunity! A high-cash-flow 5-unit multi-family property split between a 2-unit and a 3-unit building located at 511-517 High St in Central Falls, Rhode Island. All five units are in excellent, turnkey condition with strong, established tenants providing reliable immediate income for the new owner. Current rents are solid but still under market value. Its highly desirable location is close to major commuter routes, local amenities, and the upcoming Pawtucket/Central Falls Transit Hub, making it very appealing to renters. This well-maintained asset is perfect for the serious investor seeking both stable current income and significant near-term equity growth. Do not miss this chance to acquire a prime investment property in a rapidly growing market. Selling in conjuction with MLS 1400829.

Listing Agent

William Kuphal

RE/MAX Impact License #RES.0046170 Listed on: 11/25/2025

RE/MAX Impact

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,970

Year Built

  • Built in 1900

Parking

  • No Garage

Home Design

  • Vinyl Siding

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Additional Features

  • 1-Story Property
  • 6,524 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 104
  • Assessor Parcel Number 517HIGHSTCFLS

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,970

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1498
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Gas Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl
  • Interior Amenities: Bathtub, Tub Shower
  • Stories: 1

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: Separate Meters
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6524.0
  • Parcel #: 517HIGHSTCFLS
  • Zoning: R-2

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 7970.0
  • Tax Block: 000
  • Tax Lot: 104
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
--
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
01/21/2026 01/21/26 Price Changed $750,000 -2.6% --
12/29/2025 12/29/25 Price Changed $770,000 -1.2% --
11/25/2025 11/25/25 For Sale $779,000 -- --
Source: State-Wide MLS

Source: State-Wide MLS

MLS Number: 1400827

State-Wide MLS
Rhode Island Providence County Central Falls 02863

517 High St, Central Falls, RI

For Sale

MultiFamily

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Nearby Homes
Listing Agent
William Kuphal
Section Image
RE/MAX Impact
(401) 293-8993