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  • $887,000

    140 Lincoln Ave, Central Falls, RI 02863

    15beds
    5,761sqft
    Multi Family
    Built in 1920
    -- sqft lot
    $869,900 Zestimate®
    $154/sqft
    $-- HOA

    What's special

    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!

    Zillow last checked: 7 hours ago

    Listing updated: April 22, 2025 at 10:44am

    Listed by:

    Nina Coulombe 774-451-0059,

    Keller Williams South Watuppa

    Bought with:

    Renato De Lima, RES.0041249

    RE/MAX Innovations

    Source: StateWide MLS RI,MLS#: 1377025MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 15
    • Bathrooms: 6
    • Full bathrooms: 6
    Heating
    • Natural Gas, Baseboard
    Cooling
    • None
    Features
    • Flooring: Laminate, Other
    • Basement: Full,Interior and Exterior,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 7,968
    • Total interior livable area: 5,761 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: No Garage
    Features
    • Stories: 3
    Lot
    • Size: 5,749 sqft
    Details
    • Parcel number: CENTM04P54
    • Zoning: R-3
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Central Falls

    HOA & financial

    Other financial information
    • Total actual rent: 8543
    Services availability
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    An equal housing lender. NMLS #10287.