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387 Broad St 30 Unit Apartment Building $8,524,752 CAD ($284,158 CAD/Unit) Central Falls, RI 02863
Executive Summary
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.
Property Facts
| Price | $8,524,752 CAD | Building Class | C |
| Price Per Unit | $284,158 CAD | Lot Size | 0.61 AC |
| Sale Type | Investment | Building Size | 15,000 SF |
| No. Units | 30 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | Parking Ratio | 2/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | C-2 | ||
| Price | $8,524,752 CAD |
| Price Per Unit | $284,158 CAD |
| Sale Type | Investment |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.61 AC |
| Building Size | 15,000 SF |
| No. Stories | 2 |
| Year Built | 1900 |
| Parking Ratio | 2/1,000 SF |
| Zoning | C-2 |
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Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | CENT-000001-000000-000070 | Improvements Assessment | $2,629,886 CAD |
| Land Assessment | $262,617 CAD | Total Assessment | $2,892,503 CAD |
Property Taxes
Parcel Number
CENT-000001-000000-000070
Land Assessment
$262,617 CAD
Improvements Assessment
$2,629,886 CAD
Total Assessment
$2,892,503 CAD
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387 Broad St
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