Multi Family at 77 Henry Street, Central Falls
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$629,900

77 Henry Street
Central Falls, RI 02863
Listed by Robin Chudnow-Marsh
Bedrooms
7
Bathrooms
3
Living area
N/A
Year built
1920

About this home

Turnkey 3-unit multi-family property perfectly situated on a premium corner lot, offering the ultimate blend of modern updates and high-yield investment potential. This powerhouse asset features a newer roof and updated hot water heaters, ensuring low-maintenance ownership for years to come. Connected to city water, city sewer, and natural gas, the property boasts an incredible paved parking area with space for 9+ vehicles, a rare and highly lucrative amenity for tenants.Units 1 and 2 each offer expansive 3-bedroom layouts featuring large kitchen and living areas, full bathrooms, and durable carpet and laminate flooring. Unit 3 has been completely renovated into a stylish 1-bedroom oasis, complete with a functional mudroom area, full bath, and bright living space. Investors will love the added passive income from the coin-operated laundry in the common area. Perfectly located within walking distance to shopping, public transit, and houses of worship, this cash-flowing asset is an absolute must-see for savvy investors or owner-occupants looking to live for free!

Property details

MLS #
1422076
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
12
On market date
September 1, 2026
Stories
3
Total bathrooms
3
Garage spaces
N/A
Parking spaces
9
Lot size
0.12 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

ElementaryCharter
The Learning Community
0.26 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
579
Student:teacher ratio
12.6:1
District
Learning Community
Middle
Calcutt Middle School
0.23 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
729
Student:teacher ratio
17.0:1
District
Central Falls
High
Central Falls Sr High
0.46 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
804
Student:teacher ratio
17.1:1
District
Central Falls

Walkability

Blended score for Central Falls's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

85
Highly walkable
out of 100
EPA National Walkability Index
14.8 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores15
Parks17
Schools20
Transit stops20
Pharmacies3

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$3,943/mo
$125,980 down
$503,920 loan
Principal & interest$3,268
Property tax (est.)$525
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 17 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.