Fully renovated 30-unit residential building in Central Falls offering an exceptional investment opportunity with modern finishes and spacious layouts throughout. Unit mix includes 22 studio units, 4 one-bedroom units, and 4 two-bedroom units, providing strong rental flexibility and broad tenant appeal. Recently renovated with updated interiors, this turnkey property is ideal for investors seeking a stabilized asset with long-term income potential. Conveniently located along the highly traveled Broad Street corridor with easy access to local shops, restaurants, and everyday amenities. Minutes to Downtown Central Falls and nearby Pawtucket dining, arts, and entertainment destinations. Close to the Pawtucket/Central Falls Transit Center for commuter rail access to Boston. Easy access to Interstate 95, Dexter Street, and Lonsdale Avenue. Near Slater Memorial Park, schools, healthcare, and Downtown Providence.
387 Broad Street, Central Falls, RI, 02863
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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