Price Reduction
13 Rand Street Central Falls, RI
$ 480,000
Property Attributes
  • MLS#1292213
  • TypeMulti-Family
  • CityCentral Falls
  • AreaCentral Falls
  • NeighborhoodCentral Falls
  • Zip02863
  • StyleMulti Family
  • Year Built1900
  • Taxes$ 2021
  • Price$ 480,000
  • Bedrooms12
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage5740
  • Lot Size6,142 SqFt
Listing Provided Courtesy Of:
RE/MAX Preferred
Data Source:
Rhode Island Statewide MLS (RIAR) - 18 - RI
Property Description

Well maintained legal 4 family currently being used as a 5 family in Central Falls. 2 Buildings on 1 Lot. Three family with potential of expansion in attic for a 5 bedroom townhouse apartment and a 4 bedroom 2 bath Single family currently being used as Two Family. One vacant unit in the Single/Two Family in the event new owner would like to move in and/or convert back to big single family home. Sellers have owned this property since 1983. Current monthly rents excluding the 5th unit $3600. Below market rents offers potential for new owners to receive $5000-$6000 monthly rental income. Great opportunity with tons of potential!

Price History
8/29/2021 Listed $500,000
11/6/2021 4% - $480,000

General Features

Appliances Exhaust Fan, Gas Water Heater, Oven, Range, Refrigerator, Water Heater
Basement Full, Unfinished
Co-Listing Agent State License # RES.0044330
Community Features Highway Access, Near Schools, Public Transportation, Recreation Area, Shopping, Sidewalks
Construction Materials Vinyl Siding
Cooling None
Electric 100 Amp Service, Circuit Breakers
Exterior Features Porch, Paved Driveway
Flooring Ceramic Tile, Parquet, Vinyl, Carpet
Heating Baseboard, Gas, Hot Water, Space Heater
Interior Features Tub Shower, Cable TV
Listing Agent State License RES.0031811
Lot Size Square Feet 6142
Patio/Porch Features Porch
Property SubType Multi Family
Property Type Residential Income
Sewer Connected
Status Active
Subdivision Name Central Falls
Total Rooms 21
Total Units 4
Utilities Sewer Connected
Virtual Tour

Interior Features

Above Grade Finished Area 5740
Fireplace Features None
Full Baths 5
Heating Y/N Yes
Total Baths 5
Total Bedrooms 12
Window Features Thermal Windows

Exterior Features

Fencing Fenced
Foundation Details Brick/Mortar, Stone
Lot Size Acres 0.14
Lot Size Area 6142
Lot Size Units Square Feet
Number of Buildings 2
Parking Features No Garage
Total Parking 2
Water Source Connected


  • 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

AVG $370K
AVG $4,112
AVG 12
Year Built
AVG 1898
AVG 84
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.