18 Pacific Street, Central Falls, Residential Income

$ 575,000
18 Pacific Street,
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Overview

  • Updated On:
  • December 24, 2024
  • 7 Bedrooms
  • 5 Bathrooms

Description

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!

Address: 18 Pacific Street
State/County:
Zip: 02863
Country: US
Open In Google Maps
Property Id : 561373
Price: $ 575,000
Property Lot Size: 0 ft2
Rooms: 17
Bedrooms: 7
Bathrooms: 5
Association Fee: 0
Association Fee Frequency: Annually
Basement: Full,Interior and Exterior,Unfinished,Bathroom,Common,Storage Space,Utility
Bathrooms Half: 1
Bathrooms Total Decimal: 4.5
Bridge Modification Timestamp: 2024-12-24T05:34:52.603Z
Building Area Total: 4960
Business Type: Other
Construction Materials: Dry Wall,Plaster,Vinyl Siding
Contract Status Change Date: 2024-12-13
Cooling: Window Unit(s)
Covered Spaces: 0
Electric: 100 Amp Service
Fireplace Features: None
Fireplaces Total: 0
Flooring: Ceramic Tile,Hardwood,Laminate,Vinyl,Carpet
Foundation Details: Stone
Garage Spaces: 0
Heating: Natural Gas,Oil,Baseboard,Forced Water,Steam
Inclusions: NO FHA. Please see offer instructions attached in MLS Front single family home rented for $2,200 / mo. 1st & 2nd floor of multi are vacant and ready to rent. May not qualify for all types of financing. Neither seller nor agent make any representations as to the accuracy of any info contained herein. Buyer/buyer's agent must conduct due diligence. All info is deemed reliable but not guaranteed.
Laundry Features: In Building
List Agent Direct Phone: 401-743-2210
List Agent Email: MattRomanoRealty@gmail.com
List Agent Full Name: Matthew Romano
Listing Contract Date: 2024-12-13
Listing Id: 1374594
Living Area Source: Public Records
Living Area Units: Square Feet
Lot Size Area: 5227
Lot Size Square Feet: 5227
Lot Size Units: Square Feet
Mls Status: Active
Modification Timestamp: 2024-12-24T05:31:32.700Z
Number Of Buildings: 2
Number of Units Total: 3
Original Entry Timestamp: 2024-12-13T15:28:01.600Z
Original List Price: 575000
Other Equipment: Ceiling Fan
Parking Features: No Garage
Parking Total: 6
Room Bathroom Features: Bath w Tub,Bath w Shower Stall,Bath w Tub & Shower
Sewer: Public Connected
State or Province: RI
Status Change Timestamp: 2024-12-13T15:28:01.600Z
Stories: 3
Street Name: Pacific
Street Number: 18
Street Suffix: Street
Structure Type: Apartment,Up/Down
Tax Annual Amount: 7088
Tax Year: 2024
Water Source: Connected,Public
Year Built: 1901
Zoning: R-3
Other Features
Dryer
Gas Water Heater
Has Cooling System
Has Heating System
Insulation: Ceiling,Walls
Oven/Range
Plumbing: Copper,Mixed,PVC
Property Attached
Refrigerator
Skylight,Stairs
Walls: Dry Wall,Plaster
Washer
$ 2,229.39
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,229.39

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Alyse Antone Smyth, Esq.