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$699,995 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 3 Units
  • 7 Total Beds
  • 0.1033 Acres
  • 2 Car Garage
  • Updated 9 hours ago
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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.

Full Property Details for 16 Fales St

General

  • Price: $699,995
  • Taxes: $7,560 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: STWMLS
  • MLS ID: 1421571
  • Updated: 8/25/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 17
  • Interior Features: Attic, Bathtub, Tub Shower
  • Appliances: Gas Water Heater
  • Flooring: Ceramic Tile, Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 7

Other Rooms

  • Laundry: Common Area

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Total Spaces: 7
  • Parking Features: Detached, Garage

Location

  • County: Providence
  • Subdivision: 40
  • Near Highway: Yes

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard, Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • # Buildings: 1
  • Architectural Style: Stacked
  • Detached/Attached: Detached
  • Construction: Drywall, Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Exterior Entry, Full, Interior Entry, Partially Finished
  • Stories/Levels: 3
  • Building Size: 3924
  • Finished Total: 3,924 Sq. Ft.
  • Finished Above Grnd: 3,924 Sq. Ft.
  • Year Built: 1938

Lot Features

  • Lot Size (Acres): 0.1033
  • Lot Size (Sq. Ft.): 4,500
  • Lot Size: 4500

Financial Considerations

  • Tax Amount: $7,560
  • Tax Year: 2026

Disclosures and Reports

  • Inclusions: Information deemed reliable; however, not guaranteed or independently verified. Interested parties are encouraged to conduct their own due diligence, verification, and research, and to rely solely on the results. Neither the seller nor the listing agent makes any representations as to the accuracy of the information herein.
  • Property ID: 16FALESSTCFLS
  • Lot Number: 2

Listed by Citylight Homes

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— 16 Fales St —

  • Citylight Homes

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 16 Fales St

School District:Central Falls School District
NameGradesDistance
Veterans Memorial Elementary School, Central Falls, RI
150 Fuller Avenue, Central Falls, RI 02863
1-40.5 mi
Ella Risk School
949 Dexter Street, Central Falls, RI 02863
1-40.7 mi
Calcutt Middle School
112 Washington Street, Central Falls, RI 02863
5-80.3 mi
Central Falls Sr High School
24 Summer Street, Central Falls, RI 02863
9-120.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 16 Fales St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/25/2026
Listed
$699,995
7.69%
MLS
5/23/2025
Sold
$650,000
—
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 16 Fales St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,827
102%
$516,800
187%
2024
$3,382
1%
$179,800
—
2023
$3,335
6%
$179,800
—
2022
$3,139
-33%
$179,800
-9%
2021
$4,702
—
$197,900
—
2020
$4,688
-4%
$197,900
—
2019
$4,900
22%
$197,900
30%
2018
$4,015
—
$152,600
—
2017
$4,012
1%
$152,500
—
2016
$3,954
-6%
$152,500
1%
2015
$4,186
1%
$151,500
—
2014
$4,130
6%
$151,500
—
2013
$3,897
—
$151,500
—
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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16 Fales Street, Central Falls, RI 02863 (MLS# 1421571) is a Multi-Family property with 3 units containing 7 bedrooms and 3 full bathrooms. 16 Fales Street is currently listed for $699,995 and was received on August 25, 2026. Want to learn more about 16 Fales Street? Do you have questions about finding other Multi-Family 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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