29 Mowry Street, Central Falls, RI 02863

$850,000

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List Price
$850,000
Status
ACTIVE
MLS#
1418803
Year Built
1900

Property Description

Exceptional investment opportunity in one of Rhode Island's fastest-evolving communities! This well-maintained 6-unit multifamily property offers investors a rare chance to acquire a strong cash-flowing asset in the heart of Central Falls, a city experiencing continued revitalization, economic investment, and long-term growth. Each of the six spacious units features 2 bedrooms and 1 full bathroom, providing a highly desirable layout for today's rental market. All utilities are separately metered, helping simplify management and reduce operating expenses. The property also offers the convenience of 8-10 off-street parking spaces, a valuable amenity for both tenants and future owners. Ideally located just minutes from I-95, the Blackstone Valley commuter rail station, restaurants, shopping, schools, parks, and the exciting community improvements taking place throughout Central Falls, this property is well-positioned to benefit from the city's ongoing momentum. With strong rental demand, limited multifamily inventory, and continued public and private investment in the area, this is an outstanding opportunity for both seasoned investors and those looking to grow their portfolio with a high-performing asset. Don't miss your chance to own a solid income-producing property in a community that continues to flourish and create new opportunities. Schedule your private showing today!

Additional Information

Taxes
$7,980
Lot Size
5,000
Heating
Gas
Cooling System Type
Wall Unit(s)
Sewer
Connected
Water Source
Connected
Basement
Full
Parking Spaces
10

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Calculator source: Real Geeks

Listing courtesy of Innovations Realty. Contact:

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