Views
Address
50 Hedley Avenue, Central Falls, RI
Price
$ 800,000
Property Attributes
  • MLS#1341407
  • TypePending
  • CountyPROVIDENCE
  • CityCentral Falls
  • Zip02863
  • StyleMultiFamily
  • Year Built1900
  • Taxes$ 16802
  • Price$ 800,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage13328
  • Lot Size9,884 SqFt
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description

Investors take notice! This sprawling mixed-use property offers a total of seven large units, all fully rented right in the heart of Central Falls! This property has been under professional management and regularly maintained by the current owner. Four units each offer 1 bedroom and one bathroom, and three units feature 2 bedrooms and 1 bathroom. In addition to the residential units, this property also features an enormous 5,000+sf commercial shop/warehouse space on the first level with multiple possible uses and endless possibilities! Additional gated lot is perfect for safe overnight parking for company and commercial vehicles. Plenty of off-street parking for tenants as well, and tons of street parking too! Located conveniently to shopping and restaurants close by, and just a short commute to Rt. 95 and Providence. Schedule a showing today to view this fantastic investment opportunity!

Price History
8/9/2023 Listed $800,000

General Features

Sewer Connected
Heating Electric,SpaceHeater
Cooling None
Utilities SewerConnected
Possession Immediately,Negotiable
Appliances ElectricWaterHeater
Garage Spaces 0.0
Construction Materials Drywall,Brick,WoodSiding
Year Built 1900
Electric CircuitBreakers
Property SubType MultiFamily
Tax Year 2022
County Providence
Operating Expense 17000.0
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
Garage Y/N No
Total Rooms 16
Status Pending
City Central Falls
View Y/N No
Senior Community Y/N No
Total Units 4
Lot Size Square Feet 9884.0
Waterfront Y/N No
Carport Y/N No
Street Name Hedley
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 16802.0
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/50-Hedley-AV-Central-Falls-RI-02863--1341407
Days on Market 105
Structure Type Apartment
Standard Status Pending
Tax Assessed Value 584400
Tax Lot 271+362
MobileHomeRemainsYN No

Interior Features

Basement ExteriorEntry,Full,InteriorEntry,Unfinished
Flooring Hardwood,Laminate
Total Stories 2
Basement (Y/N) Yes
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 13328.0
Full Baths 4
Street Suffix Avenue
Total Bedrooms 6
Electric On Property Y/N No
LivingAreaSource PublicRecords
Total Baths 4

Exterior Features

Parking Features NoGarage
Water Source Connected
Total Parking 8.0
Lot Size Area 9884.0
Foundation Details ConcretePerimeter,Stone
Number of Buildings 1
Spa No
Building Area Total 13328.0
Lot Size Acres 0.2269
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 Pending Average in 02863

Price
AVG $470K
$800K
Taxes
AVG $6,513
$16,802
Visits
AVG 311
506
Data Provided by Inside Real Estate®
Year Built
AVG 1916
1900
Walkscore
AVG 75
78
Data Provided by Walkscore® not using MLS data

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