$655,000
$70K PRICE DROP

722 Dexter St Unit 726 Central Falls, RI 02863

Estimated payment $4,231/month

Total Views 7,088
10 Beds
3.5 Baths
4,257 Sq Ft
$154 Price per Sq Ft

Highlights

  • Recreation Facilities
  • Cooling Available
  • Public Transportation
  • 2 Car Detached Garage
  • Storage Room
  • Shops

About This Home

INVESTMENT OPPORTUNITY ALERT!

Welcome to this exceptional 4-unit mixed-use building nestled in the heart of Central Falls. This stunning property offers a rare combination of residential and commercial units, providing a unique opportunity for investors and/or owner-occupiers alike. Property was completed renovated in 2021. Prime location and ample parking spaces available.

Listing Agent

Vladmir Pires

HomeSmart Professionals Brokerage Phone: 401-921-5011 License #RES.0041323 Listed on: 03/05/2025

HomeSmart Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,262

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Fenced
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Combination Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,257 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms

Unfinished Basement

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

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 85
  • Assessor Parcel Number 722DEXTERSTCFLS

Community Details

Overview

  • 4 Units

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,262

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Above Grade Finished Sq Ft: 4257.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1900
  • Attribution Contact: 401-921-5011
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 10
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Laminate, Other, Vinyl
  • Interior Amenities: Interior Steps
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3

Exterior Features

  • Fencing: Fenced
  • Lot Features: Paved
  • Construction Type: Drywall, Other
  • Exterior Features: Paved Driveway
  • Foundation Details: Combination, Concrete Perimeter, See Remarks

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 802.0

Utilities

  • Cooling: 1 Unit
  • 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 Schools, Other, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4356.0
  • Parcel #: 722DEXTERSTCFLS
  • Zoning: C-D

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 9262.0
  • Tax Lot: 85
  • Tax Map Number: 8
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $6,918 $523,700 $116,200 $407,500
2024 $0 $416,600 $101,000 $315,600
2023 $0 $391,350 $75,750 $315,600
2022 $0 $391,350 $75,750 $315,600
2021 $0 $210,525 $74,925 $135,600
2020 $0 $210,525 $74,925 $135,600
2019 $0 $210,525 $74,925 $135,600
2018 $0 $236,075 $68,175 $167,900
2017 $0 $258,700 $90,900 $167,800
2016 $6,681 $258,700 $90,900 $167,800
2015 $6,681 $241,800 $90,900 $150,900
2014 $6,591 $241,800 $90,900 $150,900
2013 $6,219 $241,800 $90,900 $150,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2025 08/13/25 Price Changed $655,000 -3.7% $154 / Sq Ft
05/03/2025 05/03/25 Price Changed $680,000 -6.2% $160 / Sq Ft
03/05/2025 03/05/25 For Sale $725,000 +68.6% $170 / Sq Ft
09/17/2021 09/17/21 Sold $430,000 -4.4% $81 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $449,900 +136.8% $85 / Sq Ft
03/04/2019 03/04/19 Sold $190,000 -5.0% $32 / Sq Ft
02/02/2019 02/02/19 Pending -- -- --
01/11/2019 01/11/19 For Sale $199,999 -- $33 / Sq Ft
Source: State-Wide MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $430,000 None Available
Warranty Deed $430,000 None Available
Warranty Deed -- --
Warranty Deed -- --
Foreclosure Deed $150,000 --
Foreclosure Deed $150,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $422,211 FHA
Closed $422,211 FHA
Previous Owner $84,000 Commercial
Source: Public Records

Source: State-Wide MLS

MLS Number: 1379290

State-Wide MLS

APN: CENT-000008-000000-000085