2 months on rocket

116 Foundry St, Central Falls, RI, 02863

$950,000

Home List Price

$10,000*

Closing Credit

10 Bedrooms
6 Full Baths
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

116 Foundry St, Central Falls$950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingNo Garage
Year Built1900
HeatingBaseboard, Natural Gas
CoolingNone
BasementYes
FireplaceNone
MLS #1370029
Lot Size0.11 Acres
StatusActive

About 116 Foundry St

Welcome to this exceptional 5-unit multi-family property, featuring two homes on one lot, located in the heart of Central Falls, Rhode Island! This fantastic property includes four completely renovated apartments with a total of 8 bedrooms/ 4 full bathrooms at the front and a fully renovated 2-bedroom 2 Full Bath single-family residence at the rear. It's a perfect opportunity for both owner-occupants and investors. The single-family home offers 2 spacious bedrooms and 2 modern bathrooms, along with a brand-new roof for added peace of mind. Both properties have been thoughtfully updated, with stylish vinyl flooring, sleek white cabinetry, and contemporary stainless-steel appliances throughout each unit. Additionally, 3 brand-new Navient systems have been installed for energy-efficient heating and hot water. Whether you're looking for an investment opportunity or the chance to live in one unit while renting out the others, this property offers great potential. Conveniently located near Highway 95 for an easy commute, it's just minutes from the new train station, 10 minutes from downtown Providence, and 40 minutes from Boston. Schedule your showing today and explore the possibilities!

Property Details

Property Features

Property Information:

  • Year Built: 1900

Listing Office:

  • Office Name: RE/MAX Innovations
  • Office Phone: (401) 414-7414

Interior Features

Interior Information:

  • Appliances: Gas Water Heater, Microwave, Oven, Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Vinyl
  • Interior: Stall Shower, Tub Shower
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 10

Exterior Features

Exterior Information:

  • Exterior: Paved Driveway

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $950,000

Tax Information:

  • Annual Amount: $4,127
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Central Falls, RI.

Map thumbnail provided by MapBox

Central Falls, RI

City

Med. Sold Price

$466K

Med. Price/SqFt

$191

Avg. Days On Market

30

# of Sold Homes

3

116 Foundry St vs Central Falls

76 DAYS ON ROCKET

+46 Days

$950,000

+$484K More

KEY TAKEAWAY

This property is $484K more than the Median Sold Price in Central Falls, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1370029

Listing Office:

  • Office Name: RE/MAX Innovations
  • Office Phone: (401) 414-7414

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 30, 2021Home Sold
$100,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,127$173,700
2020$4,115$173,700
2018$3,262$124,000
2017$3,262$124,000

History based on county public records data.

Payment Calculator

$4,809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,915

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4387953
5
/10

  • Veterans Memorial Elementary School

  • 150 Fuller Ave

  • 0.38 miles

  • Public District Grades KG-4

school-card-donut-4387954
2
/10

  • Raices Dual Language Academy

  • 135 Hunt St

  • 0.51 miles

  • Public District Grades PK-6

school-card-donut-4387955
2
/10

  • Ella Risk School

  • 949 Dexter St

  • 0.54 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,715. Typical income of Central Falls, RI residents is less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Rhode Island›Providence County›Central Falls›02863›116 Foundry St

This home is located at 116 Foundry St in Central Falls, RI and zip code 02863. This home, which was built in 1900, sits on a 0.11 acre lot. Features: 10 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since October 02, 2024 and is currently priced at $950,000.

Over 1 listings were sold over their listed price in November 2024 in Central Falls, RI. In the same period over 1 listings were sold below the listed price and 1 listings were sold for the listed price. Between October 2024 and November 2024, Central Falls, RI real estate market has seen decrease in the number of listings by 4%. In November 2024, listings were on the market for 30 days. During the same period, the median list price in this real estate market was $466,000.

From Rocket Homes Real Estate and based on county public records data.

More Resources