116 Foundry Street

Central Falls, RI 02863

New Everything. NOI over $100K+, Cap Rate over 10%, 5 Total Units, $10,825 gross monthly rent. (1) Single Family with 2BR/2BA across 850 +/- sq. ft. currently rented at $3000 per month*. (1) 4-Unit building. Unit 1 is a 3BR/1BA across 1,140 +/- sq. ft. and is vacant [MARKET $2,800 p/month]. Unit 2 is the same layout, occupied [$2,500 p/month]. The third floor is split into (2) 1BR/1BA units, both currently occupied [3L: $1,375 p/month, 3R: $1,550 p/month]. Don't let this opportunity slip. Brand new: plumbing, electrical, insulated windows, roof* siding, 3 navien tankless heat/hot water, flooring, kitchens, bathrooms, smoke detectors, light and plumbing fixtures. *Back house has brand new roof (archetectural shingles), 4-unit has flat, rubber roof in great condition. Maintenance free investment is a great addition to your portfolio in a growing market. Inquire about transferable property management available at discounted rate.

Listing courtesy of The WP Group of Smith and Oak Real Estate Co. (401) 281-8491



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Last checked: 2026-02-13 04:01 PM UTC