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$599,900

162 Rand St Central Falls, RI 02863

9 beds
3 full
0.1 acres
Multi-Family

Property details

About 162 Rand St

Exceptional investment or owner-occupied opportunity in this spacious three-family home. This well-maintained and versatile multi-unit property is perfect for investors or owner-occupants seeking rental income. Each generously sized unit features three bedrooms, a formal dining room, and beautiful hardwood floors throughout. High ceilings add a touch of elegance and enhance the sense of space in every unit. Enjoy the convenience of separate gas utilities, ample driveway parking, and a full basement offering plenty of storage and a laundry area. Both front and rear staircases provide easy access, while the home's prime location ensures quick access to major highways, just five minutes from the new train station and 20 minutes to Providence, making it ideal for working professionals and commuters.

Highlights

Home typeMulti Family
HeatingBaseboard, Natural Gas, Hot Water, Space Heater(s)
StatusActive
BasementYes
Lot size0.13 Acres
Year built1900
ParkingNo Garage
MLS #1387358

Summary

  • Full Bathrooms: 3
  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood, Laminate
  • Interior: Bathtub, Tub Shower
  • Fireplace: None
  • Total Bedroom Count: 9
  • Parking: No Garage
  • Exterior: Porch, Paved Driveway
  • Heating: Baseboard, Natural Gas, Hot Water, Space Heater(s)
  • Cooling: None
  • List Price: $599,900
  • Year Built: 1900
  • Lot Size: 0.13 Acres
  • MLS Number: 1387358
  • MLS Name: RIS
  • Office Name: RE/MAX River's Edge
  • Office Phone: (401) 245-2000

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2025 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/12/2025, 10:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

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Nearby schools

5

Veterans Memorial Elementary School

Public District KG-4

0.3 mi

150 Fuller Ave

2

Ella Risk School

Public District KG-4

0.4 mi

949 Dexter St

3

M. Virginia Cunningham Elementary School

Public District KG-5

0.7 mi

40 Baldwin St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $34,783. The most common annual income of people living in Central Falls, RI is less than $<35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

50%
<35k
43%
35k-100k
6%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

39%
Single, No Kids
29%
Single, with Kids
13%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
10%
12-17 yrs old
29%
18-34 yrs old
34%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • Ross Dress For LessRoss Dress For Less
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Jack In The BoxJack In The Box
  • White CastleWhite Castle

What do the neighbors drive?

  • DodgeDodge
  • NissanNissan
  • KiaKia

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 162 Rand St

The listing price of 162 Rand St property is $599,900.

The property 162 Rand St is a multi located in Central Falls, Rhode Island, 02863.

Active Listing: 162 Rand St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 162 Rand St are: Veterans Memorial Elementary School (GreatSchools Rating 5/10), Ella Risk School (GreatSchools Rating 2/10), M. Virginia Cunningham Elementary School (GreatSchools Rating 3/10), Segue Inst for Learning (GreatSchools Rating 4/10), Calcutt Middle School (GreatSchools Rating 1/10), Blackstone Valley Preparatory Jr High School (GreatSchools Rating 5/10), Central Falls Sr High School (GreatSchools Rating 2/10), William E. Tolman Senior High School (GreatSchools Rating 2/10), Blackstone Academy Charter (GreatSchools Rating 3/10).

The year of construction for 162 Rand St is 1900.

This home is located at 162 Rand St in Central Falls, RI and zip code 02863. Features: 9 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 10, 2025 and is currently priced at $599,900.

Over 0 listings were sold over their listed price in June 2025 in Central Falls, RI. In the same period over 2 listings were sold below the listed price and 0 listings were sold for the listed price. In June 2025 in Central Falls, RI there were 13.3% more homes for sale than in May. In June 2025, listings were on the market for 10 days. During the same period, the median list price in this real estate market was $518,500.

From Rocket Homes Real Estate and based on county public records data.

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