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144 Railroad Street

Lincoln, RI 02838
  • $1,265,000
  • STATUS: Active
  • ON SITE: 71 Days
  • MLS #: 1349889
UPDATED: 32 min ago
$1,265,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,200
    SQFT
  • $243
    $/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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[Rhode Island Statewide MLS] logo

© 2024 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 Remax Preferred - The Mercurio Group 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 Remax Preferred - The Mercurio Group. 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: 2024-02-29T20:37:41.803.
www.mercuriogroup.com/homes/146138651
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144 Railroad Street Lincoln, RI 02838

  • Price: $1,265,000
  • Status: Active
  • On Site: 71 Days
  • Updated: 32 min ago
  • MLS #: 1349889
0
Beds
0
Baths
0
½ Baths
0.14
Acres
5,200
SQFT
$243
$/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 Cooling YN No Heating Baseboard Heating YN Yes

Property Features

Electric Circuit Breakers Human Modified YN No Land Lease YN No New Construction YN No Possible Use Residential Property Sub Type Commercial Road Frontage Type State Road Sewer Connected Structure Type Apartment Tax Annual Amount 7895 Tax Assessed Value 478800 Tax Lot 210 Tax Year 2023 Utilities Sewer Connected Water Source Connected

[Rhode Island Statewide MLS] logo Listing information © 2024 State-Wide Multiple Listing Service.
Listing provided courtesy of Century 21 The Seyboth Team: .



[Rhode Island Statewide MLS] logo

© 2024 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 Remax Preferred - The Mercurio Group 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 Remax Preferred - The Mercurio Group. 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: 2024-02-29T20:37:41.803.
 
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