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16 Fales Street

Central Falls, RI 02863
  • $699,995
  • STATUS: Active
  • ON SITE: 12 Days
  • MLS #: 1421571
$699,995
  • 7
    BEDS
  • 0.1
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,924
    SQFT
  • $178
    $/SQFT
Neighborhood:
40
Type:
Multi-Family
Built:
1938
County:

School Ratings & Info

Description

An exceptional opportunity to live, invest, and build equity in Central Falls!This impeccably cared-for three-family home offers the perfect setup for an owner-occupant looking to enjoy the benefits of homeownership while generating rental income from two additional units. The first-floor unit features three bedrooms, while the second and third floors each offer two bedrooms, providing spacious and versatile living arrangements. Each unit showcases the home's original double parlors, beautiful hardwood floors, and natural wood finishes, preserving its timeless character. The partially finished basement adds valuable flexibility and includes a full bathroom, along with separate washer and dryer hookups for each unit. Outside, enjoy a fenced-in backyard with a grassy area perfect for entertaining, relaxing, or creating your own outdoor retreat. A detached two-car garage plus ample off-street parking adds even more convenience. Conveniently situated in the heart of Central Falls, with easy access to restaurants, schools, public transportation, and major highways, this property combines location, space, and income potential. Live in one unit and let the other two help offset your housing expenses while you build equity a compelling way to begin or expand your real estate investment journey. Well-maintained and ready for its next owner. The property is being sold as-is.

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[Rhode Island Statewide MLS] logo

© 2026 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively 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. Data last updated: 2026-09-06T23:37:35.643.
www.onshorerealtors.com/homes/180549510
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16 Fales Street Central Falls, RI 02863

  • Price: $699,995
  • Status: Active
  • On Site: 12 Days
  • MLS #: 1421571
7
Beds
3
Baths
0
½ Baths
0.1
Acres
3,924
SQFT
$178
$/SQFT
1938
Built
Neighborhood:
40
County:
Providence
Area:
Central Falls
Property Description
An exceptional opportunity to live, invest, and build equity in Central Falls!This impeccably cared-for three-family home offers the perfect setup for an owner-occupant looking to enjoy the benefits of homeownership while generating rental income from two additional units. The first-floor unit features three bedrooms, while the second and third floors each offer two bedrooms, providing spacious and versatile living arrangements. Each unit showcases the home's original double parlors, beautiful hardwood floors, and natural wood finishes, preserving its timeless character. The partially finished basement adds valuable flexibility and includes a full bathroom, along with separate washer and dryer hookups for each unit. Outside, enjoy a fenced-in backyard with a grassy area perfect for entertaining, relaxing, or creating your own outdoor retreat. A detached two-car garage plus ample off-street parking adds even more convenience. Conveniently situated in the heart of Central Falls, with easy access to restaurants, schools, public transportation, and major highways, this property combines location, space, and income potential. Live in one unit and let the other two help offset your housing expenses while you build equity a compelling way to begin or expand your real estate investment journey. Well-maintained and ready for its next owner. The property is being sold as-is.
Exterior Features

Architectural Style Stacked Construction Materials Drywall Vinyl Siding Covered Spaces 2 Frontage Length 45 Garage YN Yes Parking Features Detached Garage Parking Total 7

Interior Features

Appliances Gas Water Heater Basement Exterior Entry Full Interior Entry Partially Finished Basement YN Yes Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring Ceramic Tile Hardwood Heating Baseboard Gas Heating YN Yes Interior Features Attic Bathtub Tub Shower

Property Features

Attached Garage YN No Community Features Highway Access Near Schools Public Transportation Restaurant Shopping Electric 100 Amp Service Human Modified YN No Inclusions Information deemed reliable; howevernot guaranteed or independently verified. Interested parties are encouraged to conduct their own due diligenceverificationand researchand to rely solely on the results. Neither the seller nor the listing agent makes any representations as to the accuracy of the information herein. Land Lease YN No Laundry Features Common Area New Construction YN No Operating Expense 0 Property Sub Type Multi Family Senior Community YN No Sewer Public Sewer Tax Annual Amount 7560 Tax Assessed Value 572300 Tax Lot 2 Tax Year 2026 Water Source Public

[Rhode Island Statewide MLS] logo Listing information © 2026 State-Wide Multiple Listing Service.
Listing provided courtesy of Citylight Homes: .



[Rhode Island Statewide MLS] logo

© 2026 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively 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. Data last updated: 2026-09-06T23:37:35.643.
 
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Onshore Realtors
57 Shore Rd, Suite B
Westerly RI, 02891