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144 Railroad Street

Lincoln, RI 02838
  • $1,290,000
  • STATUS: Active
  • ON SITE: 38 Days
  • MLS #: 1323033
$1,290,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,200
    SQFT
  • $248
    $/SQFT
Type:
Commercial
Built:
1900
County:
Area:

School Ratings & Info

Description

Investors take note. This income-generating 7 unit offers plenty of cashflow with updated market rent. Five units include 3 spacious bedrooms, dine-in kitchens and open living room area. One unit offers 2 bedrooms with the same layout and the last unit is a spacious studio. 6 of the 7 units have been completely renovated and offer access to a shared front balcony. Off-street parking for up to 10 cars (each unit has one parking spot) with plenty of street parking as well. Property is up to fire code and complete with new electrical, boilers, and hot water heaters. $9500/monthly income. Do not miss out on this fully-occupied opportunity. Schedule a showing today!

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© 2022 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. 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. Data last updated: 2022-12-03T23:37:32.217.
www.onshorerealtors.com/homes/134276622
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144 Railroad Street Lincoln, RI 02838

  • Price: $1,290,000
  • Status: Active
  • On Site: 38 Days
  • MLS #: 1323033
0
Beds
0
Baths
0
½ Baths
0.14
Acres
5,200
SQFT
$248
$/SQFT
1900
Built
County:
Providence
Area:
Lincoln
Property Description
Investors take note. This income-generating 7 unit offers plenty of cashflow with updated market rent. Five units include 3 spacious bedrooms, dine-in kitchens and open living room area. One unit offers 2 bedrooms with the same layout and the last unit is a spacious studio. 6 of the 7 units have been completely renovated and offer access to a shared front balcony. Off-street parking for up to 10 cars (each unit has one parking spot) with plenty of street parking as well. Property is up to fire code and complete with new electrical, boilers, and hot water heaters. $9500/monthly income. Do not miss out on this fully-occupied opportunity. Schedule a showing today!
Exterior Features

Parking Total 4

Interior Features

Basement Full Basement YN Yes Cooling None Heating Baseboard

Property Features

Electric Circuit Breakers Land Lease YN No Listing Terms Assumable Possible Use Residential Property Sub Type Commercial Road Frontage Type State Road Sewer Connected Structure Type Apartment Tax Annual Amount 7876 Tax Assessed Value 441000 Tax Lot 210 Tax Year 2022 Utilities Sewer Connected Water Source Connected

Listing information © 2022 State-Wide Multiple Listing Service.
Listing provided courtesy of Century 21 The Seyboth Team: [IDXCONTACTINFORMATION].





© 2022 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. 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. Data last updated: 2022-12-03T23:37:32.217.
 
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Onshore Realtors
57 Shore Rd, Suite B
Westerly RI, 02891