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Roults Jean-Francois

jeanfrancoisgroupmgt@gmail.com +1(401) 316-9458

$ 599,900

Est. payment -/mo

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112 Clay ST Central Falls, RI 02863

5 Beds

3 Baths

2,518 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,518 sqft

Price per Sqft $238

MLS Listing ID 1414312

Style Stacked

Bedrooms 5

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 2,518

Year Built 1867

Annual Tax Amount $6,577

Tax Year 2025

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Multi Family

Property Description

Incredible wealth-building opportunity at 112 Clay Street in Central Falls, RI! This massive, highly versatile 3-family property is delivered 100% vacant, offering an estimated $4,800+/month in residential rental income. Perfect for savvy real estate investors or owner-occupants seeking the ultimate house-hack, this spacious multi-family home features 5 bedrooms and 3 bathrooms across three functional, well-designed layouts. The property features a spacious 3-bed/1-bath unit ideal for an owner's suite, alongside two 1-bed/1-bath units to maximize your monthly cash flow. Extremely well-located in a high-demand commuter hub close to I-95, local restaurants, shopping, and the local train station, keeping tenant demand high and vacancy rates low. Adding massive value is a rare 2,000+ sqft detached garage with 13+ ft ceilings, 220V electrical power (separated), heavy-duty cinderblock construction, and an 8-inch concrete slab. This bonus commercial-grade structure is perfect for contractors, business storage, a private workshop, or separate rental income. Explore local zoning guidelines for ADU (Accessory Dwelling Unit) potential to add a 4th income-producing stream! With off-street parking for up to 12 cars, individual utility meters, low-maintenance vinyl siding, and unparalleled versatility, this property offers a rare combination of immediate high-yield cash-flow and long-term equity growth.

Location

State RI

County Providence

Rooms

Basement Full, Partially Finished

Interior

Heating Forced Air, Gas

Cooling Central Air

Flooring Carpet, Ceramic Tile, Hardwood

Inclusions Buyer and Buyer’s Agent to perform all due diligence. Information provided, including MLS data, is deemed reliable but not guaranteed. Seller and Listing Agent make no representations or warranties as to accuracy.

Fireplace No

Window Features Storm Window(s)

Appliance Gas Water Heater

Exterior

Exterior Feature Porch

Parking Features Detached

Garage Spaces 8.0

Utilities Available Sewer Connected

Porch Porch

Total Parking Spaces 15

Garage Yes

Building

Sewer Connected

Water Connected

Architectural Style Stacked

Structure Type Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 112CLAYSTCFLS

Virtual Tour https://www.instagram.com/reel/DXRZcGIgHyM/?utm_source=ig_web_copy_link&igsh=MzRlODBiNWFlZA==

Listed by eXp Realty

NEARBY SCHOOLS & PROPERTIES

Roults Jean-Francois

Agent | res.res.0042995

+1(401) 316-9458

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