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About this home
Rare Multi-Building Investment Opportunity Offering Two Properties on One Lot Opportunities like this are hard to find. Situated on a single lot, this unique offering includes an expansive 8-bedroom single-family home with grandfathered rooming-house status and a separate 2 Family Multi- featuring two 3-bedroom, 1-bath units. Whether you're an investor seeking strong income potential, a developer looking for your next project, or a buyer with a vision for value creation, this property offers exceptional possibilities. The flexible layout and multiple dwelling units provide numerous options for rental income and future use, subject to buyer due diligence. Conveniently located near shopping centers, public transportation, the new train station, and major highways, the property offers excellent accessibility for residents and commuters alike. Property being sold strictly as-is. Proof of funds required prior to all showings. Don't miss this rare opportunity to add a high-potential asset to your portfolio
Multi-familyProperty Type
1880Year Built
3,860 sq ftLot Size
$130Price/Sq.Ft.
Listed by Raisa Gonzalez• Century 21 AllPoints Realty
Make a winning offer with the help of a local agent
Around this home
Schools
K - 12
Preschool & daycare
Veterans Memorial Elementary School
Public K-5 • Assigned • 0.6mi
4/10
Calcutt Middle School
Public 6-8 • Assigned • 0.5mi
4/10
Central Falls Senior High School
Public 9-12 • Assigned • 0.3mi
1/10
Provided by GreatSchools
About South Central
Falls
South Central Falls, located between Broad Street and the Blackstone River, is a compact and walkable Central Falls neighborhood with tightly spaced triple-deckers and a mill-town streetscape. The neighborhood’s character concentrates around Broad Street at Dexter Street, where corner bodegas, bakeries, and barbershops keep the sidewalks active. Brick industrial buildings and small-frame houses sit block by block, giving the area a practical, lived-in architectural rhythm. Jenks Park and the adjacent Cogswell Tower add a civic green and a landmark lookout. The Blackstone River Bikeway traces the water’s edge for a quieter counterpoint to the main streets.
Provided by Walk Score and Local Logic
Market insights
5 Nickerson St · $675,000
DAYS ON MARKET
1 days
The average home goes pending in 27 days.
SALE-TO-LIST
100.7%
Most homes are selling 1% above list price.
LIST PRICE
$675,000
Median sale price in this area is $464,040. (31% lower than this home)
PRICE DROP
0 price drops
19% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Full, interior-entry, unfinished basement
Tub/shower
Bathrooms
5 full bathrooms
Laundry & utility
Gas water heater
Flooring
Hardwood
Vinyl
Heating & cooling
Oil steam heating
Home design
Three stories
Parking
No garage
Construction
Drywall, shingle siding, and wood siding
Brick and mortar foundation
Utilities
Connected water and sewer
200-amp-or-higher electric service
Financial info
Operating expenses: $15,000
Electricity and solar
View estimated energy costs and solar savings for this home
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Historical weather
Pawtucket, RI • 02860
Average low and high temperatures (°F)
36
21
38
22
51
33
61
42
69
52
82
62
84
67
79
60
74
58
63
49
54
38
40
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
80/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.2 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5 Nickerson St
$671,851
$3,150 under list price of $675K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $310K to $643K.