237 Cowden Street, Central Falls, RI 02863

Property Description

Turnkey 5-Unit Multifamily Investment Fully renovated 5-unit apartment building with all major capital improvements completed, including new plumbing, electrical, HVAC, insulation, kitchens, and bathrooms. Investors can benefit from minimal deferred maintenance and reduced capital expenditure risk for years to come. Located in a high-demand rental market near schools, parks, restaurants, shopping, public transportation, and major employment centers, supporting strong occupancy and tenant retention. Investment Highlights: 5 residential units 4 2 bedroom 1 bath 1 4 bedroom 2 bath 100% renovated building New major systems throughout Low-maintenance asset Strong rental demand location Ideal for cash flow and long-term appreciation A rare opportunity to acquire a stabilized, turnkey multifamily property. Perfect for investors seeking reliable income with limited near-term capital requirements.

Listing Status:

Active

Date Added:

June 9, 2026

Data Last Updated:

August 20, 2026 at 2:16PM

Listing Office:

Keller Williams Leading Edge : 401-333-4900

MLS ID:

1414946

Interior

• Laundry: Common Area
• Basement: Full
• A/C: DuctlessWindow Unit(s)
• Heating: Forced Air

Exterior

• Parking: Parking spaces: 5

Construction

• General: 3Concrete Perimeter

Location

• Originating MLS: RIS_RIS
• County: Providence

Lot

• Zoning: 237COWDENSTCFLS

Utilities

• Utilities: Cable AvailableElectricity AvailableFiber Optic AvailableNatural Gas AvailableNatural Gas ConnectedMunicipal UtilitiesPhone AvailableWater ConnectedSewer AvailableSewer ConnectedWater Available110 Volts220 Volts
• Water: ConnectedPublic
• Sewer: Connected

Financial

• Source: RIS_RIS