Date
Details
Price
Change
Source
5/21/2026
Listed
$6,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$6,200,000 Just Listed
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Property Description
Fully renovated 30-unit residential building in Central Falls offering an exceptional investment opportunity with modern finishes and spacious layouts throughout. Unit mix includes 22 studio units, 4 one-bedroom units, and 4 two-bedroom units, providing strong rental flexibility and broad tenant appeal. Recently renovated with updated interiors, this turnkey property is ideal for investors seeking a stabilized asset with long-term income potential. Conveniently located along the highly traveled Broad Street corridor with easy access to local shops, restaurants, and everyday amenities. Minutes to Downtown Central Falls and nearby Pawtucket dining, arts, and entertainment destinations. Close to the Pawtucket/Central Falls Transit Center for commuter rail access to Boston. Easy access to Interstate 95, Dexter Street, and Lonsdale Avenue. Near Slater Memorial Park, schools, healthcare, and Downtown Providence.
Full Property Details
Full Property Details for 387 Broad St
General
- Price: $6,200,000
- Taxes: $27,790 (2025)
- Status: Active
- Type: Commercial Multi-Family
- Source: STWMLS
- MLS ID: 1412929
- Updated: Today (5/21/2026)
- Added to Site: Today
Business
- Business Type: Residential
Parking
- Total Spaces: 30
Location
- County: Providence
Utilities
- Sewer: Connected
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Structure Type: Multi Family
- Detached/Attached: Detached
- Construction: Brick
- Stories/Levels: 0
- Year Built: 1900
- Property Condition: Under Construction
Unit Information
- Vacancy %: 100
Lot Features
- Lot Size (Sq. Ft.): 26,572
- Lot Size: 26572
- Frontage: City Street
Financial Considerations
- Tax Amount: $27,790
- Tax Year: 2025
Disclosures and Reports
- Property ID: 387BROADSTCFLS
- Lot Number: 70
Listed by Century 21 Limitless
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Listing agent
— 387 Broad St —
Century 21 Limitless
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 387 Broad St
School District:Central Falls School District
| Name | Grades | Distance |
|---|---|---|
Veterans Memorial Elementary School, Central Falls, RI 150 Fuller Avenue, Central Falls, RI 02863 | 1-4 | 0.6 mi |
Ella Risk School 949 Dexter Street, Central Falls, RI 02863 | 1-4 | 0.7 mi |
Calcutt Middle School 112 Washington Street, Central Falls, RI 02863 | 5-8 | 0.4 mi |
Central Falls Sr High School 24 Summer Street, Central Falls, RI 02863 | 9-12 | 0.3 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 387 Broad St
Estimate the Cost
Estimate the Cost for 387 Broad St
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- Multi-Family
- Active
- Updated 2 days ago
- 2Units
- 6Total Beds
- 0.0643Acres
- Single Family
- Active
- Updated 2 hours ago
- 3Beds
- 2Total Baths
- 1,591Sq. Ft.
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- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 5Total Baths
- 4,886Sq. Ft.
Listed by Robert Sam Barchi (508) 336-4745
- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 5Total Baths
- 4,884Sq. Ft.
Listed by Robert Sam Barchi (508) 336-4745
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 1Total Bath
- 1,088Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 1,320Sq. Ft.
387 Broad Street, Central Falls, RI 02863 (MLS# 1412929) is a Commercial Multi-Family property. 387 Broad Street is currently listed for $6,200,000 and was received on May 21, 2026. Want to learn more about 387 Broad Street? Do you have questions about finding other Commercial 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.