50 Hedley Avenue, Central Falls, RI 02863 - Photo 1

1/1

$775,000

Sold
Closed
Apartment
6 Beds
4 Full Baths
0.2269 Acres

1/1

Property Description

Investors take notice! This sprawling mixed-use property offers a total of seven large units, all fully rented right in the heart of Central Falls! This property has been under professional management and regularly maintained by the current owner. Four units each offer 1 bedroom and one bathroom, and three units feature 2 bedrooms and 1 bathroom. In addition to the residential units, this property also features an enormous 5,000+sf commercial shop/warehouse space on the first level with multiple possible uses and endless possibilities! Additional gated lot is perfect for safe overnight parking for company and commercial vehicles. Plenty of off-street parking for tenants as well, and tons of street parking too! Located conveniently to shopping and restaurants close by, and just a short commute to Rt. 95 and Providence. Schedule a showing today to view this fantastic investment opportunity!

Full Property Details

Full Property Details for 50 Hedley Ave

General

Sold For: $775,000
Taxes: $16,802 (2022)
Status: Closed
Type: Apartment
Source: STWMLS
MLS ID: 1341407
Added to Site: 930 day(s) ago

Interior

Number of Rooms: 16
Appliances: Electric Water Heater
Flooring: Hardwood, Laminate

Rooms

Bathrooms

Total Bathrooms: 4
Full Bathrooms: 4

Bedrooms

Total Bedrooms: 6

Parking

Total Spaces: 8
Parking Features: No Garage

Location

County: Providence

Heating & Cooling

Cooling Type: None
Heating Type: Electric, Space Heater

Utilities

Sewer: Connected
Water: Connected
Utility Description: Sewer Connected

Structural Information

# Buildings: 1
Structure Type: Apartment
Detached/Attached: Detached
Construction: Drywall, Brick, Wood Siding
Basement: Yes
Basement Desc.: Exterior Entry, Full, Interior Entry, Unfinished
Stories/Levels: 2
Building Size: 13328
Finished Total: 13,328 Sq. Ft.
Finished Above Grnd: 13,328 Sq. Ft.
Year Built: 1900

Lot Features

Lot Size (Acres): 0.2269
Lot Size (Sq. Ft.): 9,884
Lot Size: 9884

Financial Considerations

Operating Expenses: $17,000
Tax Amount: $16,802
Tax Year: 2022

Disclosures and Reports

Property ID: 50HEDLEYAVCFLS
Lot Number: 271+362

Listed by Century 21 The Seyboth Team
Sold by Coldwell Banker Realty

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— 50 Hedley Ave —

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Schools

Schools serving 50 Hedley Ave

School District:Central Falls School District

Name	Grades	Distance
Central Falls Sr High School 24 Summer Street, Central Falls, RI 02863	9-12	0.3 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 50 Hedley Ave

Date

Details

Price

Change

Source

3/29/2024

Sold

$775,000

-3.12%

MLS

8/09/2023

Listed

$800,000

—

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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50 Hedley Avenue, Central Falls, RI 02863 (MLS# 1341407) is a Apartment property that was sold at $775,000 on March 29, 2024. Want to learn more about 50 Hedley Avenue? 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.

50 Hedley Ave Central Falls, RI 02863