Central Falls, RI 02863,140 Lincoln AVE
Central Falls, RI 02863,140 Lincoln AVE
Central Falls, RI 02863,140 Lincoln AVE
21
$887,000
$870,000
2.0%
Est.Price: ?

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15 BD
6 BA
7,968 SqFt

140 Lincoln AVE Central Falls, RI 02863

Est. payment /mo
SOLD DATE : 03/24/2025

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Eric Coury

Eric Coury

The Coury Team Homes - KW ELITE

+1(508) 838-6956

Our team is ready to help you sell your home for the highest possible price ASAP

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

Bedrooms 15

Full Baths 6

Year Built 1920

Annual Tax Amount $9,557

Tax Year 2024

Lot Size 5,749 Sqft

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

Interior

Heating Baseboard, Gas

Cooling None

Flooring Laminate, Other

Building

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction No

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

Eric Coury

Realtor - Team Manager

+1(508) 838-6956

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