Lincoln RI Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- 3,824
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.21 Acres
- Year built:
- 1883
- Baths:
- 2.00
- MLS#:
- 1371891
- Subdivision:
- Saylesville
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Courtesy: Keller Williams Leading Edge
401-333-4900
ADDITIONAL INFORMATION
Great opportunity to own a multifamily property in Lincoln. This home offers a lot of options. Each unit has with 2 beds and one bath with large eat-in kitchens, with huge closets and beautiful hardwood floors ! The third floor has two additional bedrooms which can later be added to the second floor unit. This home sits right next to a public town park. Across the street is one of three waterfalls in the town of Lincoln which had a walk-over bridge and a public boat launch area. Within short walking distance to Saylesville Elementary School. Both apartments recently renovated. Coin-op laundry room in basement. First floor has new gas heating system with air conditioning unit.
$550,000
401 Old River Road Lincoln, RI 02838
- Type:
- Multi-Family
- Sq.Ft.:
- 2,578
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.2 Acres
- Year built:
- 1930
- Baths:
- 2.00
- MLS#:
- 1371341
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Courtesy: eXp Realty
888-315-3445
ADDITIONAL INFORMATION
Welcome to this inviting two-family property, ideal for owner-occupants and investors alike. The first-floor apartment is vacant and move-in ready, offering immediate potential for personal use or rental income, while the second floor is currently rented at market rate, ensuring immediate cash flow, the second unit also has the Lead Conformance Certificate in place, offering peace of mind and legal compliance right off the bat for savvy buyers. Both units are meticulously maintained, featuring three spacious bedrooms in Unit 1 and four bedrooms in Unit 2. The interiors boast refinished hardwood floors, fresh paint, and stylish wood-stained finishes that reduce lead-based paint concerns. The first floor charms with a unique kitchen featuring a vaulted ceiling and access to a private balcony, perfect for enjoying outdoor moments. Located in a sought-after school district, just steps from a local park, and within a 15-minute drive to Providence, this property combines convenience with a desirable neighborhood feel. Don't miss the opportunity to invest in a well-maintained, income-producing home with standout features and an ideal location.
- Type:
- Multi-Family
- Sq.Ft.:
- 2,240
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.17 Acres
- Year built:
- 1950
- Baths:
- 4.00
- MLS#:
- 1368970
View additional info
Courtesy: Redfin Corporation
877-973-3346
ADDITIONAL INFORMATION
This well-maintained two-family home is an ideal investment property, currently fully rented, ensuring immediate income. The exterior showcases a classic design with a welcoming front porch and well-kept landscaping, reflecting the care taken by the owners. Each unit features spacious living areas filled with natural light, offering comfortable layouts with modern kitchens and cozy bedrooms. The units are equipped with separate utilities, enhancing tenant privacy and convenience. A separate garage provides additional storage and parking options, an asset for tenants in urban areas. The property is strategically located near various amenities, including grocery stores, restaurants, and parks, making it attractive to renters. Additionally, its proximity to major highways ensures easy commuting to surrounding areas, further enhancing its desirability. Overall, this two-family home is a prime example of a solid investment in a thriving community.
The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Lincoln Real Estate
The median home value in Lincoln, RI is $449,900. This is higher than the county median home value of $372,900. The national median home value is $338,100. The average price of homes sold in Lincoln, RI is $449,900. Approximately 63.75% of Lincoln homes are owned, compared to 29.63% rented, while 6.62% are vacant. Lincoln real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lincoln real estate agent to arrange a tour today!
Lincoln, Rhode Island has a population of 22,415. Lincoln is more family-centric than the surrounding county with 34.44% of the households containing married families with children. The county average for households married with children is 27.53%.
The median household income in Lincoln, Rhode Island is $94,571. The median household income for the surrounding county is $65,797 compared to the national median of $69,021. The median age of people living in Lincoln is 43 years.
Lincoln Weather
The average high temperature in July is 83.2 degrees, with an average low temperature in January of 17.1 degrees. The average rainfall is approximately 50.7 inches per year, with 40.5 inches of snow per year.