237 Cowden St Central Falls, RI 02863

Price
$1,200,000
Listed On
Type
For Sale
Status
Active
237 Cowden St, Central Falls, RI 02863
237 Cowden St, Central Falls, RI 02863
237 Cowden St, Central Falls, RI 02863
237 Cowden St, Central Falls, RI 02863
237 Cowden St, Central Falls, RI 02863
237 Cowden St, Central Falls, RI 02863
237 Cowden St, Central Falls, RI 02863
237 Cowden St, Central Falls, RI 02863
237 Cowden St, Central Falls, RI 02863
237 Cowden St, Central Falls, RI 02863
237 Cowden St, Central Falls, RI 02863
237 Cowden St, Central Falls, RI 02863
Asking  $1,200,000

Snapshot

Type
For Sale
Category
Purchase
Property Type
Commercial Sale
Property Subtype
Other
MLS Number
1414946
Parcel Number
Property Sqft
Lot Size
0.10 acres
Year Built
1900
Year Updated
Bedrooms
0
Bathrooms
0
Full Bathrooms
0
3/4 Bathrooms
0
Half Bathrooms
0
Quarter Bathrooms
0
Lot Size (in sqft)
4,356
Price Low
-
Room Count
-
Building Unit Count
1
Condo Floor Number
-
Number of Buildings
-
Number of Floors
3
Parking Spaces
5
Franchise Affiliation
Keller Williams Realty
Special Listing Conditions
Auction
Auction
Bankruptcy Property
Bankruptcy Property
HUD Owned
HUD Owned
In Foreclosure
In Foreclosure
Notice Of Default
Notice Of Default
Probate Listing
Probate Listing
Real Estate Owned
Real Estate Owned
Short Sale
Short Sale
Third Party Approval
Third Party Approval

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.

More Details

MLS Name
State Wide MLS of Rhode Island, Inc.
Source
ListHub
MLS Number
1414946
URL
MLS ID
SWMLSRI
Virtual Tour
PARTICIPANT
Name
Tomas Pelaez
Primary Phone
(401) 333-4900
Key
3YD-SWMLSRI-51768
Email
tom.pelaez@kw.com
BROKER
Name
Keller Williams Realty Leading Edge
Phone
(401) 333-4900
OFFICE
Name
Keller Williams Leading Edge
Phone
(401) 333-4900
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Features

Basement
Basement
Dock
Dock
Elevator
Elevator
Fireplace
Fireplace
Greenhouse
Greenhouse
Hot Tub Spa
Hot Tub Spa
New Construction
New Construction
Pool
Pool
Sauna
Sauna
Sports Court
Sports Court
Waterfront
Waterfront
Cooling
Window Unit(s)
Window Unit(s)
Heating
Forced Air
Forced Air
Interior
Ceiling Height (7 to 9 Ft)
Ceiling Height (7 to 9 Ft)
Rooms
Basement
Basement

History

DateEventPrice$/SqftSource
Listed For Sale
Commercial
$1,200,000Keller Williams Leading Edge
Report issue with price history

Taxes

YearAnnual AmountDescription
2025$7,352

Nearby Schools

Elementary School

Veterans Memorial Elementary

0.1 miles awayKG - 05

Middle School

Dr. Earl F. Calcutt Middle School

0.1 miles away06 - 08

Senior High School

Central Falls Senior High School

0.2 miles away09 - 12
Show more
Get more info on 237 Cowden St, Central Falls, RI 02863
Profile
Tomas Pelaez
Listing Agent
(401) 333-4900
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.
Profile
Tomas Pelaez
Listing Agent
(401) 333-4900
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.