224 Washington Street

Central Falls, RI 02863

$550,000
Price
6
Beds
3
Baths
4,435 Sq. Ft.
$124 / Sq. Ft.
4,435
Sq. Ft.
$124
per Sq. Ft.

Description

224 Washington Street is a prime investment opportunity: a substantial two-family property in Central Falls with over 4,400 square feet of adaptable living space, including a finished basement in-law suite. The property features large, open layouts on both floors, each with three bedrooms and a full bath, providing ample space for tenants or multi-generational living. A three-car garage, gazebo, and extensive hardscaped seating areas add further value and appeal to this versatile property. With city...224 Washington Street is a prime investment opportunity: a substantial two-family property in Central Falls with over 4,400 square feet of adaptable living space, including a finished basement in-law suite. The property features large, open layouts on both floors, each with three bedrooms and a full bath, providing ample space for tenants or multi-generational living. A three-car garage, gazebo, and extensive hardscaped seating areas add further value and appeal to this versatile property. With city approval, there is potential to build additional units, maximizing rental income in this growing area.
  1. Listed by Gabe Francis • Brokerage DRE #REB.0016894 • Lenox Realty Group
    P: (617)-513-9156 gabe@rentprov.com

Amenities

  • Baseboard Heating
  • Basement
  • Carpet Floors
  • Ceramic Floors
  • Common Laundry
  • Detached Parking
  • Driveway
  • Full Basement
LISTING UPDATED: 11/18/2024 12:32 AM

Property Details for 224 Washington Street

StatusActive
MLS #1372495
Days on Market13
Taxes$6,008 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1870
Lot Size0.18 AC / 7,841 SF
CountyProvidence County

Building Information for 224 Washington Street

Stories3Residences2Year Built1870Building Size-Lot Size0.18 AC / 7,841 SF

Property Information for 224 Washington Street

Summary
Location and General Information
  • City: Central Falls
  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
  • Postal City: Central Falls
  • Postal Code: 02863
  • Postal Code Plus4: 2004
  • State Or Province: RI
  • Zoning: R3
  • Human Modified Y N: No
Parking
  • Attached Garage Y N: No
  • Covered Spaces: 4
  • Garage Spaces: 4
  • Garage Y N: Yes
  • Parking Features: Detached, Garage
  • Parking Total: 10
Taxes and HOA Information
  • Association Fee: $.00
  • Tax Annual Amount: $6,008.00
  • Tax Assessed Value: 319400
  • Tax Lot: 117
  • Tax Map Number: 4
  • Tax Year: 2024
Property
Lot Information
  • Above Grade Fin SQFT: 4435.0
  • Building Area Total: 4435.0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.18
  • Lot Size Area: 7841.0
  • Lot Size Square Feet: 7841.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 2
  • Parcel Number: 224WASHINGTONSTCFLS
  • Stories Total: 3
Property and Assessments
  • New Construction Y N: No
  • Number Of Units Total: 2
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1870
  • C L I P: 8,681,234,789
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Paved Driveway
  • Foundation Details: Combination
Interior Features
  • Appliances: Water Heater
  • Basement: Full, Finished, Walk Out Access
  • Basement Y N: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 6
  • Cooling: None
  • Cooling Y N: No
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Heating: Baseboard, Gas, Hot Water
  • Heating Y N: Yes
  • Laundry Features: Common Area
  • Rooms Total: 14
Multi Family
Income & Expenses Information
  • Operating Expense: $.00
Unit 1 Information
  • Actual Rent: $.00
  • Occupant Type: Vacant
  • Unit Type Area: 1000.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $.00
  • Occupant Type: Vacant
  • Unit Type Area: 2500.0
  • Baths Total: 2
  • Beds Total: 3
  • Num of Full Baths: 2
  • Num of Half Baths: 0
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 224 Washington Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 224 Washington Street

Taxable ValueLand$84,200Additions$235,200Total$319,400
Tax Record2024$6,008 ($501 / month)
Home Facts
Baths3Total Finished SqFt3,736 SqFtAbove Grade Finished SqFt3,736 SqFtUnfinished Basement SqFt168 SqFtStories2Lot Size7,963 SqFtStyleMulti-Family Dwelling (2-4)Year Built1870ZoningR-3CountyPROVIDENCEAPNCENT M:04 P:117

Schools near 224 Washington Street

This home is within Central Falls School District.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 7
Rating
School
Distance
Alan Shawn Feinstein School
Public1 to 5

Calcutt Middle School
Public6 to 8

Central Falls Sr High School
Public9 to 12

Raices Upper Dual Language Acd
Public6 to 7

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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224 Washington Street is a multi-family home for sale in Central Falls, RI 02863. This property was listed for sale on November 7, 2024 by Lenox Realty Group, it's currently listed at $550,000. This listing's school district is Central Falls School District. Nearby schools include Alan Shawn Feinstein School, Calcutt Middle School and Central Falls Sr High School. 224 Washington Street is a 6-bed, 3-bath, 4,435 sqft multi-family home built in 1870.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lenox Realty Group

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.