NOT LISTED FOR SALE

570 Pine St Central Falls, RI 02863

6 Beds
3 Baths
3,534 Sq Ft
5,227 Sq Ft Lot

Last Sold August 23, 2023

Last sale price $495,000 $140 Per Sq Ft

26 Days on Market

Highlights

  • Wood Flooring
  • Home Office
  • Porch
  • Recreation Facilities
  • Workshop
  • Screened Patio

About This Home

As of August 2023

Great investment opportunity in Central Falls. Three oversized units containing two bedrooms, one bathroom, kitchen, dining room/area and two living rooms (two living rooms can be closed off via pocket door). Recent updates include a new electrical system, and water heaters (2 years old) and renovations to Unit 1 and 2. Property also has a large parking area that can fit up to 7 cars or used for yard space. Located close to the new Central Falls/Pawtucket Transit Center. This home is located with easy access to I-95 and is within walking distance to revitalized Broad Street. Rents are all below market- Unit 1 is currently on a one year lease that started on May 1 and must remain- All others are month to month.

Last Agent to Sell the Property

michelle lefrancois

Regal Residential License #RES.0042816 Listed on: 07/03/2023

Last Buyer's Agent

Renato De Lima

Innovations Realty License #RES.0041249

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,664

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Combination Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 3,534 Sq Ft Home
  • 3-Story Property
  • Home Office
  • Workshop
  • Storage Room
  • Utility Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Parking

  • 7 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Three-Phase Power
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 59
  • Assessor Parcel Number 570PINESTCFLS

Community Details

Overview

  • 3 Units

Amenities

  • Restaurant
  • Public Transportation

Recreation

  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,664

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Inclusions: Listing agent is relative of seller
  • Above Grade Finished Sq Ft: 3534.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate, Carpet
  • Interior Amenities: Tub Shower
  • Dining Room Type: Office, Storage Room, Utility Room, Workshop
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Combination
  • Patio And Porch Features: Porch, Screened

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 7.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.0
  • Parcel #: 570PINESTCFLS
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5664.0
  • Tax Lot: 59
  • Tax Year: 2023

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
08/23/2023 08/23/23 Sold $495,000 +3.3% $140 / Sq Ft
07/29/2023 07/29/23 Pending -- -- --
07/03/2023 07/03/23 For Sale $479,000 -- $136 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,859 $519,200 $106,500 $412,700
2024 $6,123 $325,500 $80,100 $245,400
2023 $6,038 $325,500 $80,100 $245,400
2022 $5,683 $325,500 $80,100 $245,400
2021 $4,453 $187,400 $28,000 $159,400
2020 $4,440 $187,400 $28,000 $159,400
2019 $4,640 $187,400 $28,000 $159,400
2018 $3,865 $146,900 $27,000 $119,900
2017 $3,865 $146,900 $27,000 $119,900
2016 $3,809 $146,900 $27,000 $119,900
2015 $3,288 $119,000 $25,400 $93,600
2014 $3,244 $119,000 $25,400 $93,600
2013 $3,061 $119,000 $25,400 $93,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1338828

State-Wide MLS

APN: CENT M:08 P:59