Central Falls, RI 02863,140 Lincoln AVE
Central Falls, RI 02863,140 Lincoln AVE
Central Falls, RI 02863,140 Lincoln AVE
Central Falls, RI 02863,140 Lincoln AVE
Central Falls, RI 02863,140 Lincoln AVE
Central Falls, RI 02863,140 Lincoln AVE
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$887,000

$870,000

2.0%
Est.Price: ?

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Est. payment /mo

15 Beds

6 Baths

7,968 SqFt


SOLD DATE : 03/24/2025

Key Details

Sold Price $887,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,968 sqft

Price per Sqft $111

MLS Listing ID 1377025

Sold Date 03/24/25

Bedrooms 15

Full Baths 6

HOA Y/N No

Abv Grd Liv Area 7,968

Year Built 1920

Annual Tax Amount $9,557

Tax Year 2024

Lot Size 5,749 Sqft

Acres 0.132

Property Sub-Type Multi Family

Property Description

This exceptional 15 Bedroom, 6 bath, HIGH CASH FLOW investment property in Central Falls, RI, includes two 3-unit houses, offering an excellent opportunity for investors or owner-occupants. The Front building has 3 Three bedroom, 1 bath units. The back house has 3 two bedrooms, 1 bath units. Many of the units have been remodeled and updated with all units having their own gas and electric meters for easy management and cost efficiency. The property also includes 6 off-street parking spaces, a rare and valuable feature in this area, providing added convenience for tenants. The units are fully rented with strong current rents and significant potential for future increases, making this an ideal income-generating property. Whether you're looking to expand your portfolio or live in one unit while collecting rent from the others, this property has tremendous upside. Don't miss this opportunity schedule your showing today!

Location

State RI

County Providence

Zoning R-3

Rooms

Basement Exterior Entry, Full, Interior Entry, Unfinished

Interior

Heating Baseboard, Gas

Cooling None

Flooring Laminate, Other

Fireplace No

Appliance Water Heater

Exterior

Total Parking Spaces 6

Garage No

Building

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 140LINCOLNAVCFLS

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Listed by Keller Williams South Watuppa
Bought with RE/MAX Innovations
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