Views
Address
50 Hedley Avenue, Central Falls, RI
Price
$ 800,000
Property Attributes
  • MLS#1341412
  • TypePending
  • CountyPROVIDENCE
  • CityCentral Falls
  • Zip02863
  • StyleCommercial
  • Year Built1900
  • Taxes$ 16802
  • Price$ 800,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage13328
  • Lot Size0.226905 Acres
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
Cooling None
Utilities SewerConnected
Construction Materials Brick
Year Built 1900
Electric CircuitBreakers
Property SubType Commercial
Tax Year 2022
Business Type Mixed,Warehouse
County Providence
New Construction No
Property Type CommercialSale
HOA / Comm Assn No
Attached Garage No
Possible Use Residential
Garage Y/N No
Status Pending
City Central Falls
View Y/N No
Senior Community Y/N No
Total Units 1
Lot Size Square Feet 9884.0
Waterfront Y/N No
Carport Y/N No
Number of Units Leased 5
Street Name Hedley
Property Attached Y/N Yes
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--1341412
Days on Market 105
Structure Type MultiFamily
Standard Status Pending
Occupancy Type Tenant
Tax Assessed Value 584400
Tax Lot 271+362
MobileHomeRemainsYN No

Interior Features

Basement Full
Basement (Y/N) Yes
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Above Grade Finished Area 13328.0
Street Suffix Avenue
Electric On Property Y/N No

Exterior Features

Water Source Connected
Total Parking 8.0
Lot Size Area 9884.0
Number of Buildings 1
Spa No
Building Area Total 13328.0
Road Surface Type Asphalt
Lot Size Units SquareFeet
Road Frontage Type CityStreet
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 $480K
$800K
Taxes
AVG $6,249
$16,802
Visits
AVG 296
319
Data Provided by Inside Real Estate®
Year Built
AVG 1914
1900
Walkscore
AVG 75
78
Data Provided by Walkscore® not using MLS data

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