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$899,000 Sale Pending

  • For Sale
  • Pending
  • Apartment
  • 10 Beds
  • 6 Full Baths
  • 0.1148 Acres
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New Everything. NOI over $110K+, Cap Rate over 11%, 5 Total Units, $11,225 gross monthly rent. (1) Single Family with 2BR/2BA across 850 +/- sq. ft. currently rented at $3000 per month. (1) 4-Unit building. Unit 1 is a 3BR/1BA across 1,140 +/- sq. ft. and is vacant [MARKET $2,800 p/month]. Unit 2 is the same layout, occupied [$2,500 p/month]. The third floor is split into (2) 1BR/1BA units, both currently occupied [3L: $1,375 p/month, 3R: $1,550 p/month]. Don't let this opportunity slip. Brand new: plumbing, electrical, insulated windows, roof* siding, 3 navien tankless heat/hot water, flooring, kitchens, bathrooms, smoke detectors, light and plumbing fixtures. *Back house has brand new roof (archetectural shingles), 4-unit has flat, rubber roof in great condition. Maintenance free investment is a great addition to your portfolio in a growing market. Inquire about transferable property management available at discounted rate.

Full Property Details for 116 Foundry St

General

  • Price: $899,000
  • Taxes: $8,036 (2025)
  • Status: Pending
  • Type: Apartment
  • Source: STWMLS
  • MLS ID: 1389308
  • Updated: 11/30/2025
  • Added to Site: 193 day(s) ago

Interior

  • Number of Rooms: 16
  • Interior Features: Interior Steps, Stall Shower, Tub Shower
  • Fireplace(s): None
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Flooring: Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 6

Bedrooms

  • Total Bedrooms: 10

Other Rooms

  • Laundry: Common Area

Parking

  • Total Spaces: 6
  • Parking Features: No Garage

Location

  • County: Providence
  • Near Highway: Yes

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Connected, Public

Structural Information

  • # Buildings: 2
  • Structure Type: Apartment
  • Detached/Attached: Detached
  • Construction: Drywall, Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Full, Interior Entry, Unfinished
  • Stories/Levels: 3
  • Building Size: 5410
  • Finished Total: 5,410 Sq. Ft.
  • Finished Above Grnd: 5,410 Sq. Ft.
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.1148
  • Lot Size (Sq. Ft.): 5,000
  • Lot Size: 5000
  • Sidewalks: Yes

Financial Considerations

  • Operating Expenses: $22,673
  • Tax Amount: $8,036
  • Tax Year: 2025

Disclosures and Reports

  • Inclusions: FIVE LEGAL UNITS. (1) 4 family, and (1) Stand-alone single-family home in the backyard is a 2 bed/2 bath and is currently rented as an AIRBNB. There are
  • Property ID: 116FOUNDRYSTCFLS
  • Lot Number: 347

Listed by Smith and Oak Real Estate Co.

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Listing agent

— 116 Foundry St —

  • Smith and Oak Real Estate Co.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 116 Foundry St

School District:Central Falls School District
NameGradesDistance
Central Falls Sr High School
24 Summer Street, Central Falls, RI 02863
9-120.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 116 Foundry St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/28/2025
Price Reduced
$899,000
-5.27%
MLS
9/18/2025
Price Reduced
$949,000
-5.1%
MLS
7/07/2025
Listed
$999,990
899.99%
MLS
9/27/2021
Sold
$100,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 116 Foundry St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,037
-9%
$608,400
29%
2024
$8,875
35%
$471,800
33%
2023
$6,595
6%
$355,500
—
2022
$6,207
50%
$355,500
105%
2021
$4,127
—
$173,700
—
2020
$4,115
-4%
$173,700
—
2019
$4,301
32%
$173,700
40%
2018
$3,262
—
$124,000
—
2017
$3,262
1%
$124,000
—
2016
$3,215
9%
$124,000
16%
2015
$2,951
1%
$106,800
—
2014
$2,911
6%
$106,800
—
2013
$2,747
—
$106,800
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Smith and Oak Real Estate Co.

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116 Foundry Street, Central Falls, RI 02863 (MLS# 1389308) is a Apartment property with 10 bedrooms and 6 full bathrooms. 116 Foundry Street is currently listed for $899,000 and was received on July 07, 2025. Want to learn more about 116 Foundry Street? Do you have questions about finding other Apartment real estate for sale in Central Falls? You can browse all Central Falls real estate or contact a Coldwell Banker agent to request more information.

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