NOT LISTED FOR SALE

53 Summer St Unit 55 Central Falls, RI 02863

11 Beds
4 Baths
5,865 Sq Ft
4,356 Sq Ft Lot

Last Sold August 05, 2022

Last sale price $450,000 $77 Per Sq Ft

36 Days on Market

Highlights

  • Storage Room
  • Public Transportation
  • Baseboard Heating

About This Home

As of August 2022

What a wonder multifamily house is on the market for sale. This is a legal 4 units that is presently used as a 3 family house. With a lot of work performed in 2020 this property is a great opportunity for a homeowner occupied or investment. All 3 units are in extremely good condition. Electrical has been update and also 3 new boiler has been installed. Rent is bringing over $45,000 a year, with the potential for another $15,000 after unit #4 is ready. Also a good advantage of this property is that it is within walking distance from a high school and a elementary school. What can be better?

Last Agent to Sell the Property

Gustavo Sanchez

C-21 Butterman & Kryston License #RES.0042320 Listed on: 10/20/2021

Last Buyer's Agent

Premier Group

Century 21 Limitless PRG

Century 21 Limitless PRG

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,743

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • Brick Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 5,865 Sq Ft Home
  • 4-Story Property
  • Storage Room
  • Utility Room
  • Laminate Flooring

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

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

Parking

  • 8 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Community Details

  • 4 Units
  • Public Transportation

Listing and Financial Details

  • Tax Lot 314
  • Assessor Parcel Number 53SUMMERSTCFLS

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,743

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Above Grade Finished Sq Ft: 5865.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 11
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Bathtub
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Vinyl Siding
  • Foundation Details: Brick/Mortar

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • 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: Near Schools, Public Transportation
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4356.0
  • Parcel #: 53SUMMERSTCFLS
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3743.0
  • Tax Lot: 314
  • Tax Year: 2021

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
08/05/2022 08/05/22 Sold $450,000 +4.7% $77 / Sq Ft
11/26/2021 11/26/21 Pending -- -- --
10/20/2021 10/20/21 For Sale $429,900 -- $73 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Gustavo Sanchez

    Seller's Agent in 2022

    Gustavo Sanchez

    C-21 Butterman & Kryston

    (401) 521-9490

    5 in this area

    125 Total Sales

    Gustavo Sanchez
    Section Image

  • P

    Buyer's Agent in 2022

    Premier Group

    Century 21 Limitless PRG

    (401) 288-3600

    4 in this area

    528 Total Sales

    Premier Group
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1296542

State-Wide MLS

APN: CENT M:06 P:314

Rhode Island Providence County Central Falls 02863

53 Summer St Unit 55, Central Falls, RI

This home is located at 53 Summer St Unit 55, Central Falls, RI 02863 since 20 October 2021. This property was built in 1900. 53 Summer St Unit 55 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2025 State-Wide MLS, Inc. All rights reserved.

Nearby Homes