1 Worth Street

Central Falls, RI 02863

$440,000
Last Sold Price
8
Beds
4
Baths
4,873 Sq. Ft.
$90 / Sq. Ft.
4,873
Sq. Ft.
$90
per Sq. Ft.

Description

This Cash flowing multi-family home is located in a highly desirable, safe neighborhood that is popular among families and young professionals. The property consists of 3 units and a finished basement, each with a spacious floor plan and modern finishes. The building is well-maintained ensuring low maintenance costs for years to come with its new roof, new plumbing and updated fire alarm system! This property is collecting $4,500 in monthly rents! cash flow from day one! The exterior of the building...This Cash flowing multi-family home is located in a highly desirable, safe neighborhood that is popular among families and young professionals. The property consists of 3 units and a finished basement, each with a spacious floor plan and modern finishes. The building is well-maintained ensuring low maintenance costs for years to come with its new roof, new plumbing and updated fire alarm system! This property is collecting $4,500 in monthly rents! cash flow from day one! The exterior of the building is attractive and well-landscaped, with ample parking and outdoor living spaces for tenants to enjoy. The property also features convenient amenities. The location of this multi-family home is a major selling point, as it is situated in close proximity to popular shopping, dining, and entertainment destinations, as well as public transportation options. The neighborhood is known for its low crime rate and family-friendly atmosphere, making it an ideal place for tenants to call home. Overall, this multi-family home represents a fantastic investment opportunity, with strong rental demand and potential for long-term appreciation. Its combination of attractive features and prime location make it a must-see for any savvy real estate investor.
  1. Listed by Kevin Sokolowski • Century 21 North East

Amenities

  • Basement
  • Garage

Location

Listing Courtesy of Century 21 North East

Sold By Non-Mls Member

Add your commute
LISTING UPDATED: 08/25/2023 12:33 PM

Property Details for 1 Worth Street

StatusClosed
MLS #1337007
Days on Market14
Taxes$3,572 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1900
Lot Size0.11 AC / 4,792 SF
CountyProvidence County

Location

Listing Courtesy of Century 21 North East

Sold By Non-Mls Member

Add your commute

Building Information for 1 Worth Street

Stories-Residences3Year Built1900Building Size-Lot Size0.11 AC / 4,792 SF

Payment Calculator

$2,699 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,401

Property Taxes

$298

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1 Worth Street

Summary
Location and General Information
  • Postal City: Central Falls
  • Postal Code Plus 4: 1238
  • Zoning: R-2
  • County: Providence
  • City: Central Falls
Parking
  • Attached Garage: No
  • Covered Spaces: 2
  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Detached, Garage
  • Parking Total: 8
Taxes and HOA Information
  • Tax Annual Amount: $3,572.00
  • Tax Assessed Value: 297700
  • Tax Lot: 188
  • Tax Year: 2022
Virtual Tour
Property
Lot Information
  • Lot Size Acres: 0.11
  • Lot Size Area: 4792.0
  • Lot Size Square Feet: 4792.0
  • Lot Size Units: Square Feet
  • Building Area Total: 4,873.00
  • Parcel Number: 1WORTHSTCFLS
  • Living Area Source: Public Records
Property and Assessments
  • Senior Community: No
  • Construction Materials: Aluminum Siding
  • New Construction: No
  • Number Of Buildings: 2
  • Number Of Units Total: 3
  • Property Sub Type: Multi Family
  • Stories Total: 0
  • Year Built: 1900
  • Property Type: Residential Income
Utilities
  • Cooling: None
  • Cooling: No
  • Electric: 100 Amp Service
  • Heating: Baseboard, Gas
  • Heating: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected
Interior and Exterior Features
Interior Features
  • Appliances: Gas Water Heater
  • Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement: Yes
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 8
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Hardwood
  • Rooms Total: 13
MultiFamily
Income & Expenses
  • Operating Expense: $0
Unit 1
  • Unit Type 1: 2 Bedroom
  • Unit Type Actual Rent 1: $800.00
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 2
Unit 2
  • Unit Type 2: 3 Bedroom
  • Unit Type Actual Rent 2: $1,250.00
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 3
Unit 3
  • Unit Type 3: 3 Bedroom
  • Unit Type Actual Rent 3: $1,650.00
  • Unit Type Baths Total 3: 2
  • Unit Type Beds Total 3: 3
Rental Information
Rent Information
  • Land Lease: false

Property History for 1 Worth Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1 Worth Street

Taxable ValueLand$84,400Additions$213,300Total$297,700
Tax Record2023$5,522 ($460 / month)
Home Facts
Baths4Total Finished SqFt3,209 SqFtAbove Grade Finished SqFt3,209 SqFtUnfinished Basement SqFt1,131 SqFtStories2Lot Size4,874 SqFtStyleMulti-Family Dwelling (2-4)Year Built1900ZoningR-2CountyPROVIDENCEAPNCENT M:07 P:188

Schools near 1 Worth Street

This home is within Central Falls School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Public - K to 4
Rating
School
Distance
Ella Risk School
PublicK to 4

Calcutt Middle School
Public5 to 8

Central Falls Sr High School
Public9 to 12

Veterans Memorial Elementary School
PublicK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 North East

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.