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Sold for $505,000
  • $505,000

    38 Fletcher St, Central Falls, RI 02863

    9beds
    3,264sqft
    Multi Family
    Built in 1910
    -- sqft lot
    $699,800 Zestimate®
    $155/sqft
    $1,949 Estimated rent

    Home value

    $699,800

    $651,000 - $756,000

    $1,949/mo

    Zestimate® history
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    What's special

    TRUSTEE'S ESTATE SALE - AS IS - Attention Contractors! An exceptional investment opportunity awaits at 38 Fletcher St, Central Falls, RI! This majestic, well built, 3-family property, 4-story house, spans a generous 4352 sq. ft., of above ground level space and a 1088sq ft. full basement. A remarkable combination of space, comfort, and potential awaiting your ideas for a complete renovation. Each unit is designed to maximize occupants living experience with a standout layout, high ceilings, pantry, spacious open dining/living rooms and 3-bedroom. A perfect combination of six rooms, for growing families or to attract high-quality tenants. Roof stripped, and new (22K) rubber roof installed over 1/2 inch plywood sheathing and insulation board in April 2025 with 30 year manufactures material warranty. Replacement windows throughout with aluminum window trim molding and vinyl siding. This house, prior to 2005, was a legal non-conforming four family. To avoid fire-code requirements it was converted to a legal non–conforming three-family. Today, with appropriate zoning compliance measures, the 1088 sq. ft. fourth-story can potentially become additional living space added to the third floor. With fire-code updates, zoning compliance and a zoning variance it can potentially be converted back to a four-unit income producer.

    Zillow last checked: 7 hours ago

    Listing updated: June 09, 2025 at 06:03pm

    Listed by:

    Kenneth Salhany 401-225-7444,

    Salhany Realty Agency, Llc

    Bought with:

    The Stearns McGee Team

    RE/MAX Properties

    Rachel Baptista Da Moeda, RES.0042193

    RE/MAX Properties

    Source: StateWide MLS RI,MLS#: 1384325MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 3
    • Full bathrooms: 3
    Bathroom
    • Features: Bath w Tub
    Heating
    • Natural Gas, Baseboard, Forced Water, Gas Connected, Space Heater
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Gas Water Heater, Oven/Range, Refrigerator
    • Laundry: In Unit
    Features
    • Wall (Plaster), Wall (Wood), Stairs, Plumbing (Copper), Plumbing (Galvanized), Plumbing (Mixed), Plumbing (PVC), Insulation (Unknown)
    • Flooring: Plywood, Vinyl, Carpet
    • Basement: Full,Interior Entry,Unfinished,Storage Space
    • Attic: Attic Stairs, Attic Storage
    • Has fireplace: No
    Interior area
    • Total structure area: 3,264
    • Total interior livable area: 3,264 sqft

    Property

    Parking
    • Parking features: No Garage
    Features
    • Stories: 4
    • Patio & porch: Porch
    • Fencing: Fenced
    Lot
    • Size: 4,791 sqft
    • Features: Sidewalks
    Details
    • Parcel number: CENTM05P329
    • Zoning: R3
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Plaster, Wood Wall(s), Vinyl Siding
    • Foundation: Brick/Mortar, Concrete Perimeter, Stone
    Condition
    • New construction: No
    • Year built: 1910

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Municipal
    • Utilities for property: Sewer Connected

    Community & neighborhood

    Community
    • Community features: Near Public Transport, Commuter Bus, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping
    Location
    • Region: Central Falls

    HOA & financial

    Other financial information
    • Total actual rent: 0

    Price history

    DateEventPrice
    6/9/2025Sold$505,000-4.5%$155/sqft
    Source: StateWide MLS RI #1384325 Report a problem
    5/20/2025Pending sale$529,000$162/sqft
    Source: StateWide MLS RI #1384325 Report a problem
    5/11/2025Price change$529,000+6%$162/sqft
    Source: StateWide MLS RI #1384325 Report a problem
    5/9/2025Price change$499,000+6.4%$153/sqft
    Source: StateWide MLS RI #1384325 Report a problem
    5/7/2025Listed for sale$469,000$144/sqft
    Source: StateWide MLS RI #1384325 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,288 0%$476,000 +42.3%
    2024$6,290 +56.7%$334,400
    2023$4,013 $334,400

    Find assessor info on the county website

    Neighborhood: 02863

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $699,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $699,800