112 Clay Street, Central Falls, RI, 02863
9 rooms
5 beds
3 Full baths
1867
Stacked
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.
Status:
Pending
Type:
Multi-family
Units:
3
Garage:
8-car Detached, Garage
Heating:
Forced Air, Gas
Cooling:
Central Air
Basement:
Full, Partially Finished
Parking:
15-car
Acreage:
0.15
Est. Taxes:
$6,577
Assessment
$497,900
Construction
Vinyl Siding
Utilities
Sewer Connected
Days on Market:
11
Appliances:
Gas Water Heater
MLS #:
1414312
Community Info
School Info
Walk Score
Mass Transit
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