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$1,175,000
48 Days On Site

237 Cowden Street
Central Falls, RI 02863

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths

SqFt

/SqFt
1900
Built
County:
Providence

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​401-559-7674
237 Cowden Street237 Cowden Street237 Cowden Street237 Cowden Street
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Turnkey 5-Unit Multifamily Investment Fully renovated 5-unit apartment building with all major capital improvements completed, including new plumbing, electrical, HVAC, insulation, kitchens, and bathrooms. Investors can benefit from minimal deferred maintenance and reduced capital expenditure risk for years to come. Located in a high-demand rental market near schools, parks, restaurants, shopping, public transportation, and major employment centers, supporting strong occupancy and tenant retention. Investment Highlights: 5 residential units 4 2 bedroom 1 bath 1 4 bedroom 2 bath 100% renovated building New major systems throughout Low-maintenance asset Strong rental demand location Ideal for cash flow and long-term appreciation A rare opportunity to acquire a stabilized, turnkey multifamily property. Perfect for investors seeking reliable income with limited near-term capital requirements.

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Listing Snapshot
Price 
$1,175,000
Days On Site 
48 Days
Bedrooms 
N/A
Inside Area (SqFt) 
0 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1 Acres
Year Built 
1900
MLS® Number 
1414946
Status 
Active
Property Tax 
$7,351.96
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoPrice changed to $1,175,000
3 weeks agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Foundation 
Concrete Perimeter
Land Lease 
No
Levels 
Three Or More
Number Of Stories 
3
Parking Spaces 
5
Utilities 
Cable AvailableElectricity AvailableNatural Gas AvailableNatural Gas ConnectedPhone AvailableWater ConnectedSewer AvailableSewer ConnectedWater Available
Water Source 
Public
Interior Features
Basement 
Full
Cooling 
DuctlessWindow Unit(s)
Electric 
220 Volts
Heating 
Forced Air
Laundry Features 
Common Area
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Community Features
Community Features 
RestaurantStreet Lights
Listing courtesy of Tomas Pelaez of Keller Williams Leading Edge (203) 613-2629



Listing information is provided by Participants of the State-Wide MLS of Rhode Island, Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, State-Wide MLS of Rhode Island, Inc.
Last checked: 2026-07-27 11:48 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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