Sold for $675,000 on 09/09/24
$675,000
7 Elm St, Central Falls, RI 02863
11beds
3,040sqft
Multi Family
Built in 1920
-- sqft lot
$702,700 Zestimate®
$222/sqft
$2,044 Estimated rent
Home value
$702,700
$618,000 - $794,000
$2,044/mo
Zestimate® history
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What's special
Welcome to this versatile 4-family home in Central Falls, Rhode Island. A prime investment opportunity with consistent occupancy. Each of the four units offers approximately 760 square feet of living space, catering to diverse needs with varying bedroom and bathroom counts. This flexibility makes the property ideal for couples, individuals, and families of all sizes. All units are currently occupied on a month-to-month basis, ensuring steady rental income and offering potential for future lease adjustments. The property features the convenience of off-street parking, a rare find in the area, providing added value for tenants. Situated close to major highways and local amenities, this location ensures easy access to schools, shopping, dining, and entertainment options, enhancing the appeal for current and prospective tenants. Don't miss out on this fantastic investment in Central Falls, offering both stability and growth potential!
Zillow last checked: 8 hours ago
Listing updated: January 07, 2025 at 11:38am
Listed by:
Kyle Seyboth 508-726-3492,
Century 21 The Seyboth Team
Bought with:
The ALBA Group
Re/Max Innovations
Source: StateWide MLS RI,MLS#: 1359551
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
Heating
- Natural Gas, Baseboard
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Flooring: Hardwood, Laminate
- Basement: Full,Interior Entry,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,040
- Total interior livable area: 3,040 sqft
Property
Parking
- Total spaces: 8
- Parking features: No Garage
Lot
- Size: 9,583 sqft
Details
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Aluminum Siding
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Central Falls
HOA & financial
Other financial information
- Total actual rent: 5100
Price history
| Date | Event | Price |
|---|---|---|
| 9/9/2024 | Sold | $675,000$222/sqft |
Source: | ||
| 5/29/2024 | Pending sale | $675,000$222/sqft |
Source: | ||
| 5/20/2024 | Listed for sale | $675,000$222/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Neighborhood: 02863
Nearby schools
GreatSchools rating
- 5/10Veterans Memorial Elementary SchoolGrades: K-5Distance: 0.6 mi
- 4/10Calcutt Middle SchoolGrades: 6-8Distance: 0.5 mi
- 1/10Central Falls Sr High SchoolGrades: 9-12Distance: 0.4 mi

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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$702,700
2% more+ $14,054
With Zillow Showcase(estimated)
$716,754