517 High Street, Central Falls, RI 02863 - Photo 1

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$770,000

For Sale
Active
Commercial Multi-Family

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Property Description

Investment opportunity! A high-cash-flow 5-unit multi-family property split between a 2-unit and a 3-unit building located at 511-517 High St in Central Falls, Rhode Island. All five units are in excellent, turnkey condition with strong, established tenants providing reliable immediate income for the new owner. Current rents are solid but still under market value. Its highly desirable location is close to major commuter routes, local amenities, and the upcoming Pawtucket/Central Falls Transit Hub, making it very appealing to renters. This well-maintained asset is perfect for the serious investor seeking both stable current income and significant near-term equity growth. Do not miss this chance to acquire a prime investment property in a rapidly growing market.

Full Property Details

Full Property Details for 517 High St

General

Price: $770,000
Taxes: $7,970 (2025)
Status: Active
Type: Commercial Multi-Family
Source: STWMLS
MLS ID: 1400007
Updated: 1/5/2026
Added to Site: 65 day(s) ago

Business

Business Type: Residential

Location

County: Providence
Near Highway: Yes

Community

Units Assoc/Comm: 5

Utilities

Sewer: Connected, Public Sewer
Water: Connected, Public
Utility Description: Natural Gas Connected, Sewer Connected

Structural Information

# Buildings: 2
Property Detached: Yes
Structure Type: Multi Family
Detached/Attached: Detached
Basement: Yes
Basement Desc.: Full
Stories/Levels: 0
Year Built: 1900

Lot Features

Lot Size (Sq. Ft.): 6,524
Lot Size: 6524
Potential Use: Multi-Family, Residential

Financial Considerations

Tax Amount: $7,970
Tax Year: 2025

Disclosures and Reports

Property ID: 517511HIGHSTCFLS
Lot Number: 104

Listed by RE/MAX Impact

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Schools

Schools serving 517 High 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	0.8 mi
Calcutt Middle School 112 Washington Street, Central Falls, RI 02863	5-8	0.5 mi
Central Falls Sr High School 24 Summer Street, Central Falls, RI 02863	9-12	0.4 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 517 High St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

12/29/2025

Price Reduced

$770,000

-1.16%

MLS

11/12/2025

Listed

$779,000

—

MLS

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.

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517 High Street, Central Falls, RI 02863 (MLS# 1400007) is a Commercial Multi-Family property. 517 High Street is currently listed for $770,000 and was received on November 12, 2025. Want to learn more about 517 High 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.

517 High St Central Falls, RI 02863