16 Fales Street, Central Falls, RI 02863

$699,995
7
BD
3
BA

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List Price
$699,995
Status
ACTIVE
MLS#
1421571
Year Built
1938
Style
Stacked
Bedrooms
7
Bathrooms
3
Acres
0.10
Subdivision
40

Property Description

An exceptional opportunity to live, invest, and build equity in Central Falls!This impeccably cared-for three-family home offers the perfect setup for an owner-occupant looking to enjoy the benefits of homeownership while generating rental income from two additional units. The first-floor unit features three bedrooms, while the second and third floors each offer two bedrooms, providing spacious and versatile living arrangements. Each unit showcases the home's original double parlors, beautiful hardwood floors, and natural wood finishes, preserving its timeless character. The partially finished basement adds valuable flexibility and includes a full bathroom, along with separate washer and dryer hookups for each unit. Outside, enjoy a fenced-in backyard with a grassy area perfect for entertaining, relaxing, or creating your own outdoor retreat. A detached two-car garage plus ample off-street parking adds even more convenience. Conveniently situated in the heart of Central Falls, with easy access to restaurants, schools, public transportation, and major highways, this property combines location, space, and income potential. Live in one unit and let the other two help offset your housing expenses while you build equity a compelling way to begin or expand your real estate investment journey. Well-maintained and ready for its next owner. The property is being sold as-is.

Additional Information

Taxes
$7,560
Lot Size
4,500
Interior Features
Attic, Bathtub, Tub Shower
Flooring
Ceramic Tile, Hardwood
Heating
Baseboard, Gas
Cooling System Type
None
Sewer
Public Sewer
Water Source
Public
Appliances
Gas Water Heater
Basement
Exterior Entry, Full, Interior Entry, Partially Finished
Garage Spaces
2
Parking Spaces
7

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Listing courtesy of Citylight Homes. Contact:

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