18 Pacific Street Central Falls, RI 02863

Multi-Family (2-4 Units) MLS #: 1372324 Courtesy Of Real Estate Revolution LLC

$575,000

7 beds | 4 baths | 1 half baths | 4,960 sq ft
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Est. Property Tax: $7,088
Estimated monthly payments: $3,104/mo.* (recalculate)

Property InformationDescription

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!

Features

  • Age: Over 50 Years Old
  • Amenities: Dock, Sky light
  • Appliances: Dryer, Range, Refrigerator
  • Architecture Style: Other
  • Exterior Type: Vinyl Siding
  • Floor Covering: Carpet, Hardwood, Laminate, Tile, Tile - Ceramic, Vinyl
  • Heating System: Baseboard, Space Heater, Steam
  • Lot Size: 0.12 Acres

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18 Pacific Street, Central Falls, RI 02863
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School Information

18 Pacific Street, Central Falls, RI 02863

Elementary School
Grades KG-4 | Public School
ELLA RISK SCHOOL
Central Falls, RI 02863
949 Dexter St
401.­727.7730
Distance: 0.7 mi
School Rating
D
Student:Teacher Ratio
11:1
Total Students
366
Elementary School
Grades KG-4 | Public School
VETERANS MEMORIAL ELEMENTARY SCHOOL
Central Falls, RI 02863
150 Fuller Ave
401.­727.7740
Distance: 0.5 mi
School Rating
C+
Student:Teacher Ratio
11:1
Total Students
404
Elementary School
Grades 5-8 | Public School
CALCUTT MIDDLE SCHOOL
Central Falls, RI 02863
112 Washington St
401.­727.7726
Distance: 0.4 mi
School Rating
F
Student:Teacher Ratio
17:1
Total Students
753
Middle School
Grades 5-8 | Public School
CALCUTT MIDDLE SCHOOL
Central Falls, RI 02863
112 Washington St
401.­727.7726
Distance: 0.4 mi
School Rating
F
Student:Teacher Ratio
17:1
Total Students
753
High School
Grades 9-12 | Public School
CENTRAL FALLS SR HIGH SCHOOL
Central Falls, RI 02863
24 Summer St
401.­727.7710
Distance: 0.3 mi
School Rating
D
Student:Teacher Ratio
17:1
Total Students
820
Other Nearby Schools Distance Type Grades School Rating
The Learning Community 0.4 mi Public KG-8 C
William E. Tolman Senior High School 0.5 mi Public 9-12 D-
Segue Inst For Learning 0.5 mi Public 3-8 C-
Henry J. Winters Elementary School 0.6 mi Public KG-5 C-
G. Harold Hunt School 0.6 mi Public PK
Raices Dual Language Academy 0.7 mi Public PK-6 D
Blackstone Valley Preparatory Jr High School 0.8 mi Public 7-8 C+
St Raphael Academy 0.8 mi Private 9-12
Agnes E. Little Elementary School 1.0 mi Public KG-5 C
Blackstone Valley Preparatory E. 2 1.0 mi Public KG-4 A-
M. Virginia Cunningham Elementary School 1.1 mi Public KG-5 D+
Jacqueline M. Walsh School 1.1 mi Public 9-12 B
Joseph Jenks Middle School 1.1 mi Public 6-8 C
Curvin Mccabe Elementary School 1.1 mi Public KG-5 C
Samuel Slater Middle School 1.1 mi Public 6-8 D-
International Charter School 1.2 mi Public KG-5 C
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Central Falls, RI 02863

Median Age: 31.5
Married: 39%
Number of Households: 7,581
Households with Children: 41.3%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2024 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.