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198-200 Cross St

Central Falls, RI 02863
$700,000
5,296 Living Area
  • Property Description
    Nestled in the city's heart lies a remarkable investment treasure. Each of these five residential spaces radiates meticulous care, featuring two ample bedrooms adorned with fresh paint, refinished flooring, a cutting-edge Navien heating system, and modern bathrooms. Every unit is thoughtfully equipped with its distinct circuit breaker, seamlessly blending individuality and convenience. A newer, fully coded fire alarm system ensures the safety of all inhabitants, pointing to a promising cap rate of 8.5%.Location is paramount, and this property doesn't disappoint. Proximity to downtown, effortless access to I-95, and closeness to the Pawtucket/Central Falls Station mark it as an investment hotspot. Moreover, critical destinations like Providence and Boston are within comfortable reach.This is a prime opportunity to own a well-maintained multi-unit property in a high-demand location—perfect for investors seeking long-term value and strong rental potential.
  • Highlights
    • Property Class: Commercial Sale
    • Status: Closed
    • Year Built: 1900
  • Additional Details
    • Roof: Rubber
    • Zoning Description: Legal Conforming
    • Zoning: M-1
  • Fees / Taxes
    • Tax Year: 2024
    • Taxes: $5,620

Location

198-200 Cross St, Central Falls, RI 02863

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Coldwell Banker Realty. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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