517 High St Central Falls, RI 02863
Estimated payment $4,723/month
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.
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
- Separate Meters
- 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
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/03/2026 03/03/26 | Pending | -- | -- | -- |
| 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
MLS Number: 1400827
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Ask me questions while you tour the home.