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$995,000 Just Listed
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Property Description
Solid Turn-key investment opportunity! Totaling 6 Modern-style units All New 2-BRs,1-BAs featuring Stainless Steel Kitchens,Floors,Baths. Several Capital improvements include: New Exterior Siding,Soffits, Gutters, Windows, Plumbing, Two heating systems and more. Equipped with New Fire Alarm and an All-around Security Camera system Fully rented with month to month leases. Estimated NOI of $111,190/year yielding a cap rate of $11%. Fantastic location near the Lincoln Line within minutes to Interstate highways,Train Station and several Conveniences. P&L and Unit video tour available.
Full Property Details
Full Property Details for 50 Garfield St #6
General
- Price: $995,000
- Taxes: $6,000 (2025)
- Status: Active
- Type: Commercial
- Source: STWMLS
- MLS ID: 1412506
- Updated: Today (5/13/2026)
- Added to Site: Today
Business
- Business Type: Residential
Interior
- Furnishings: Unfurnished
Additional Information
- Security/Safety: Fire Alarm, 24 Hour Security, Building Security
Parking
- Total Spaces: 2
Location
- County: Providence
- Near Highway: Yes
Community
- Units Assoc/Comm: 6
Heating & Cooling
- Heating Type: Baseboard, Hot Water
Utilities
- Sewer: Connected
- Utility Description: Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected
Structural Information
- # Buildings: 1
- Detached/Attached: Attached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Full
- Stories/Levels: 3
- Building Size: 3795
- Finished Total: 3,795 Sq. Ft.
- Finished Above Grnd: 3,795 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,650
- Lot Size: 2650
- Frontage: City Street, Concrete
- Sidewalks: Yes
- Potential Use: Residential
Financial Considerations
- Tax Amount: $6,000
- Tax Year: 2025
- Owner Pays: Electricity, Insurance, Parking Fee
- Tenant Pays: Heat, Hot Water
Disclosures and Reports
- Property ID: 50GARFIELDST6CFLS
- Lot Number: 326
Listed by Pyramid Realty Inc
Get Pre-Approved Today
Schools
Schools serving 50 Garfield St #6
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 | 0.2 mi |
Ella Risk School 949 Dexter Street, Central Falls, RI 02863 | 1-4 | 0.3 mi |
Calcutt Middle School 112 Washington Street, Central Falls, RI 02863 | 5-8 | 0.2 mi |
Central Falls Sr High School 24 Summer Street, Central Falls, RI 02863 | 9-12 | 0.1 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 50 Garfield St #6
Date
Details
Price
Change
Source
5/13/2026
Listed
$995,000
4875%
MLS
8/07/2025
Sold
$20,000
—
Public Record
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
Tax History for 50 Garfield St #6
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,742
-40%
$283,300
-14%
2024
$6,192
52%
$329,200
—
2023
$4,075
-29%
$329,200
—
2022
$5,748
28%
$329,200
75%
2021
$4,479
—
$188,500
—
2020
$4,466
-4%
$188,500
—
2019
$4,667
1%
$188,500
7%
2018
$4,623
—
$175,700
—
2017
$4,623
1%
$175,700
—
2016
$4,556
-16%
$175,700
-11%
2015
$5,446
1%
$197,100
—
2014
$5,373
6%
$197,100
—
2013
$5,069
—
$197,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 50 Garfield St #6
50 Garfield Street #6, Central Falls, RI 02863 (MLS# 1412506) is a Commercial property. 50 Garfield Street #6 is currently listed for $995,000 and was received on May 13, 2026. Want to learn more about 50 Garfield Street #6? Do you have questions about finding other Commercial 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.

