8 days on rocket

18 Pacific St, Central Falls, RI, 02863

$575,000

Home List Price

$6,828*

Closing Credit

7 Bedrooms
4 Full Baths, 1 Partial
Multi

Location

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18 Pacific St, Central Falls$575,000

Buyer Closing Credits

$6,828*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNo Garage
Year Built1901
HeatingBaseboard, Natural Gas, Hot Water, Oil, Steam
CoolingWindow Unit(s)
BasementYes
FireplaceNone
MLS #1374594
Lot Size0.12 Acres
StatusActive

About 18 Pacific St

Discover an exceptional investment opportunity at 16-18 Pacific St. in Central Falls, featuring two buildings on a single lot. The front property is a well-maintained, 1,180 sq/ft single-family home offering 3 bedrooms, 2.5 bathrooms, and is currently rented at $2,200 per month. This move-in-ready home boasts maintenance-free vinyl siding and plenty of off-street parking. Behind the single-family home sits a versatile 2-unit multi-family building, ready to generate additional rental income. The first and second-floor units are vacant and move-in ready, while the third floor attic space could use some finishing touches to reach its full income potential. This unique setup offers great flexibility for an investor looking to owner-occupy while renting the other units, or for those seeking to expand their portfolio with a property that can start generating returns immediately. Whether you're a seasoned investor or new to real estate, this property's potential is hard to match. Don't miss out on this opportunity schedule your showing today! Sorry, NO FHA!

Property Details

Property Features

Property Information:

  • Year Built: 1901

Listing Office:

  • Office Name: HomeSmart Professionals
  • Office Phone: (401) 921-5011

Interior Features

Interior Information:

  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic Tile, Hardwood, Laminate, Vinyl
  • Interior: Bathtub, Skylights, Stall Shower, Tub Shower
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas, Hot Water, Oil, Steam
  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $575,000

HOA Fees:

  • Amount: $0
  • Frequency: Annually

Tax Information:

  • Annual Amount: $4,322
  • Tax Year: 2021
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Housing Market Comparison

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

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Central Falls, RI

City

Med. Sold Price

$466K

Med. Price/SqFt

$191

Avg. Days On Market

30

# of Sold Homes

3

18 Pacific St vs Central Falls

8 DAYS ON ROCKET

-22 Days

$575,000

+$109K More

KEY TAKEAWAY

This property is $109K 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: #1374594

Listing Office:

  • Office Name: HomeSmart Professionals
  • Office Phone: (401) 921-5011

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: 12/21/2024, 7:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,322$181,900
2020$4,309$181,900
2018$3,057$116,200
2017$3,057$116,200

History based on county public records data.

Payment Calculator

$2,937

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,790

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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-774588
5
/10

  • Veterans Memorial Elementary School

  • 150 Fuller Ave

  • 0.52 miles

  • Public District Grades KG-4

school-card-donut-774589
4
/10

  • Henry J. Winters Elementary School

  • 481 Broadway

  • 0.60 miles

  • Public District Grades KG-5

school-card-donut-774590
2
/10

  • Ella Risk School

  • 949 Dexter St

  • 0.70 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 $24,683. The most common annual income of people living in Central Falls, RI is less than $35k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Rhode Island›Providence County›Central Falls›02863›18 Pacific St

This home is located at 18 Pacific St in Central Falls, RI and zip code 02863. This home, which was built in 1901, sits on a 0.12 acre lot. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $575,000.

While more than 1 listings in Central Falls, RI in November 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 1 were sold below. The number of listings in Central Falls, RI decreased by 4% between October 2024 and November 2024. Listings spent 30 days on the market in November 2024, and had a median list price of $466,000 during the same period.

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

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