New Listing - 01/27/2025
140 Lincoln Avenue, Central Falls, RI, 02863
27 rooms
15 beds
6 Full baths
1920
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!
Status:
Active
Type:
Multi-family
Units:
4
Zoning:
R-3
Garage:
No Garage
Heating:
Baseboard, Gas
Cooling:
None
Basement:
Exterior Entry, Full, Interior Entry, Unfinished
Parking:
6-car
Acreage:
0.13
Est. Taxes:
$9,557
Assessment
$508,100
Construction
Vinyl Siding
Days on Market:
1
Appliances:
Water Heater
MLS #:
1377025
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Listing courtesy of Keller Williams South Watuppa Phone: 508-677-3233