$495,000
About this home
Incredible opportunity with tons of potential! The property sits on an oversized lot, offering tremendous potential for future expansion, additional uses, and opportunities to maximize its value! Prime commercial location, just minutes from shopping, local amenities, and the train station. The first-floor unit features 3 bedrooms, 2 full bathrooms, and an additional flex room. The front living room is currently being utilized as a small storefront, offering a unique opportunity for mixed-use potential. The first floor will be delivered vacant at closing! The second-floor unit offers 2 bedrooms and 1 full bathroom, providing additional living space or rental income potential. Additional highlights include a large basement, a newer Navien system, and an oversized shed/outbuilding offering excellent storage or workspace possibilities. With its generous lot size, versatile layout, convenient location, and attractive price point, this property is packed with opportunity for investors, owner-occupants, or buyers looking to maximize its potential. Don't miss out!
Property details
- MLS
- Rhode Island Association of REALTORS
- MLS #
- 1426429
- Property type
- Multi Family
- Subdivision
- N/A
- Status
- Active
- Days on market
- N/A
- On market date
- October 22, 2026
- Stories
- 2
- Total bathrooms
- 3
- Garage spaces
- N/A
- Parking spaces
- 4
- Lot size
- 0.21 acres
Location
Get directions →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.
- Enrollment
- 366
- Student:teacher ratio
- 11.8:1
- District
- Central Falls
- Enrollment
- 275
- Student:teacher ratio
- 14.5:1
- District
- Segue Institute for Learning
- 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).
Market position
How this listing compares to current activity in Central Falls, from live MLS data.
Mortgage calculator
Estimate only - actual rate and payment depend on your lender, credit, and loan program.
Adjust tax / insurance estimates
Similar homes you might like
Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 3 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.