112 Clay ST, Central Falls, RI 02863
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112 Clay ST, Central Falls, RI 02863
112 Clay ST, Central Falls, RI 02863
112 Clay ST, Central Falls, RI 02863
112 Clay ST, Central Falls, RI 02863

$625,000

Est. payment /mo
Est.Price: ?

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112 Clay ST Central Falls, RI 02863

5 Beds

3 Baths

2,518 SqFt

SOLD DATE : 07/07/2026

Key Details

Sold Price $625,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,518 sqft

Price per Sqft $248

MLS Listing ID 1414312

Sold Date 07/07/26

Style Stacked

Bedrooms 5

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 2,518

Year Built 1867

Annual Tax Amount $6,577

Tax Year 2025

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Multi Family

Property Description

Incredible wealth-building opportunity at 112 Clay Street in Central Falls, RI! This massive, highly versatile 3-family property is delivered 100% vacant, offering an estimated $4,800+/month in residential rental income. Perfect for savvy real estate investors or owner-occupants seeking the ultimate house-hack, this spacious multi-family home features 5 bedrooms and 3 bathrooms across three functional, well-designed layouts. The property features a spacious 3-bed/1-bath unit ideal for an owner's suite, alongside two 1-bed/1-bath units to maximize your monthly cash flow. Extremely well-located in a high-demand commuter hub close to I-95, local restaurants, shopping, and the local train station, keeping tenant demand high and vacancy rates low. Adding massive value is a rare 2,000+ sqft detached garage with 13+ ft ceilings, 220V electrical power (separated), heavy-duty cinderblock construction, and an 8-inch concrete slab. This bonus commercial-grade structure is perfect for contractors, business storage, a private workshop, or separate rental income. Explore local zoning guidelines for ADU (Accessory Dwelling Unit) potential to add a 4th income-producing stream! With off-street parking for up to 12 cars, individual utility meters, low-maintenance vinyl siding, and unparalleled versatility, this property offers a rare combination of immediate high-yield cash-flow and long-term equity growth.

Location

State RI

County Providence

Rooms

Basement Full, Partially Finished

Interior

Heating Forced Air, Gas

Cooling Central Air

Flooring Carpet, Ceramic Tile, Hardwood

Fireplace No

Window Features Storm Window(s)

Appliance Gas Water Heater

Exterior

Exterior Feature Porch

Parking Features Detached

Garage Spaces 8.0

Utilities Available Sewer Connected

Porch Porch

Total Parking Spaces 15

Garage Yes

Building

Sewer Connected

Water Connected

Architectural Style Stacked

Structure Type Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 112CLAYSTCFLS

Financing Conventional

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Spectrum Real Estate Consultants

Spectrum Real Estate Consultants

+1(401) 334-3334

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Listed by eXp Realty
Bought with Innovations Realty

Nearby Locations

Spectrum Real Estate Consultants

Spectrum Real Estate Consultants

Admin

+1(401) 334-3334

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