35 Rand St, Central Falls, RI, 02863
About This Home
Legal 3 family with very spacious units and great potential for rental income. 2nd & 3rd floor is a large townhouse unit with seven bedrooms; first floor has a combined 3/4 bedrooms, large kitchen with dining area and double parlor. Third and legal unit is in the basement (Zoning Certificate available) with 2 bedrooms and electric heat. Updated Navien heating systems for the other units. Buyer to assume the reminder of the lease for the solar panels that serve the 1st floor (9 years - $100 month). Large lot with plenty of parking and centrally located near train station, shopping, schools and more.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Foundation: Mixed
- Construction materials: Plaster,Shingles
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater,Oven/Range,Refrigerator
- Laundry features: In Building
Basement
- Has basement: Yes
- Basement: Full,Interior and Exterior,Partially Finished,Bath/Stubbed,Bedroom(s),Family Room,Kitchen,Laundry,Utility
Bathroom
- Features: Bath w Tub & Shower
Bedrooms & Bathrooms
- Bedrooms: 12
- Bathrooms: 3
- Full bathrooms: 3
Features
- Wall (Plaster),Plumbing (Mixed),Insulation (Unknown)
- Flooring: Ceramic Tile,Hardwood,Laminate
- Fireplace features: None
Heating & Cooling
- Heating features: Natural Gas,Baseboard,Forced Water,Other
- Cooling features: None
Interior Area
- Total structure area: 4,170
- Total interior livable area: 4,170 sqft
Property
Details
- Parcel number: CENTM06P102
- Attached to another structure: Yes
Features
- Stories: 3
- Fencing: Fenced
Lot
- Lot size: 7,305 sqft
Parking
- Total spaces: 8
- Parking features: No Garage,Driveway
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Inland Flooding
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Rhode Island Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,387 | $40,644 |
| Home Insurance * | $566 | $6,792 |
| Property Taxes | $718 | $8,616 |
| Electricity | $849 | $10,191 |
| Total | $5,520 | $66,240 |
Income You'd Need if You Spent...
Rhode Island FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-02 | Listed for sale | $669,900 |
| 2026-03-25 | Contingent | $669,900 |
| 2026-03-12 | Listed for sale | $669,900 |
| 2016-08-11 | Sold | $165,000 |
| 2016-05-30 | Listed for sale | $159,000 |
| 2012-07-31 | Sold | $73,000 |
| 2012-03-30 | Sold | $237,200 |
| 2002-12-23 | Sold | $160,000 |
| 1999-03-26 | Sold | $79,000 |
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