112 Clay Street, Central Falls, RI, 02863

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

Yelp


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