Address
1101 Lonsdale Avenue, Central Falls, RI
Price
$ 589,900
Property Attributes
  • MLS#1357656
  • TypeMulti-Family
  • CountyPROVIDENCE
  • CityCentral Falls
  • Zip02863
  • StyleMultiFamily
  • Year Built1900
  • Taxes$ 3752
  • Price$ 589,900
  • Bedrooms6
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage3488
  • Lot Size0.0918 Acres
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description

Remarkable opportunity to own in up and coming area within Central Falls on the Lincoln line. Prime investment opportunity: 5- Unit Multifamily gem in Central Falls! Come take a look at this full functioning 5 unit property comprised of four 1-bed 1-bath units, and one 2-bed 1-bath all within three floors. The building provides spacious living space that has been well maintained by property management to ensure tenant and buyer satisfaction, along with the recent replacement of the roof is an additional update to the buildings infrastructure . There is also a convenient 1 car garage/storage area for owner or tenant use. Behind the property you will find a decent backyard area for outdoor activity use for all tenants, and plenty of parking on the side of the building as well. Whether you're an experienced investor or entering the market, this is the opportunity for financial growth. Schedule a viewing today!

Price History
4/25/2024 Listed $589,900

General Features

Sewer Connected
Heating Baseboard,Gas
Cooling None
Utilities SewerConnected
Possession Negotiable
Garage Spaces 0.0
Construction Materials AluminumSiding,WoodSiding
Year Built 1900
Electric Item100AmpService
Tenant Pays HotWater
Property SubType MultiFamily
Tax Year 2023
County Providence
Operating Expense 0.0
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
Garage Y/N No
Total Rooms 16
Status Active
City Central Falls
View Y/N No
Senior Community Y/N No
Total Units 4
Lot Size Square Feet 4000.0
Waterfront Y/N No
Carport Y/N No
Street Name Lonsdale
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 3752.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://tour.RiLiving.com/1101-Lonsdale-AV-Central-Falls-RI-02863--1357656
Days on Market 10
Structure Type Apartment
Standard Status Active
Tax Assessed Value 224700
Tax Lot 254
MobileHomeRemainsYN No

Interior Features

Basement Full,Finished,InteriorEntry
Flooring CeramicTile,Hardwood
Basement (Y/N) Yes
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 3488.0
Full Baths 5
Street Suffix Avenue
Total Bedrooms 6
Electric On Property Y/N No
LivingAreaSource Owner
Total Baths 5

Exterior Features

Parking Features NoGarage
Water Source Connected
Total Parking 0.0
Lot Size Area 4000.0
Number of Buildings 1
Spa No
Building Area Total 3488.0
Lot Size Acres 0.0918
Lot Size Units SquareFeet
Covered Spaces 0.0
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 02863

Price
AVG $550K
$590K
Taxes
AVG $5,144
$3,752
Visits
AVG 57
76
Data Provided by Inside Real Estate®
Year Built
AVG 1919
1900

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