




$1,050,000
237 Cowden Street
Central Falls, RI 02863
About This Home
Excellent investment opportunity in Central Falls! This fully renovated 5-unit multifamily property offers a desirable mix of four 2-bedroom/1-bath units and one spacious 4-bedroom/2-bath unit, making it an attractive addition to an investor portfolio or a strong owner-occupant opportunity. The property has undergone extensive renovation and is designed for low-maintenance ownership, with updated kitchens, bathrooms, electrical, plumbing, HVAC, insulation, and other major building systems. The property also offers approximately 4,356 square feet of living space and off-street parking. The property is currently generating approximately $10,800 per month in gross rental income, or $129,600 annually, providing a strong income-producing asset in a convenient Central Falls location. With its turnkey condition, strong rental income, flexible unit mix, and proximity to Providence, major transportation routes, shopping, restaurants, schools, and local amenities, this property presents a compelling opportunity for investors seeking a stabilized multifamily asset. Offered at $1,050,000.
Property Details
Location
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The data relating to real estate for sale on this website comes from the Internet Data Exchange (IDX) program of the State-Wide Multiple Listing Service. Real estate listings held by brokerage firms other than Fab Living Realty are marked with the MLS logo and detailed information about them includes the name of the listing broker.
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MLS # 1424820