Strong opportunity for investors or owner-occupants seeking additional rental income. Rare development opportunity near Lincoln Woods State Park with Town approval for conversion to a legal two-family in desirable Lincoln. Approved stamped civil and architectural plans included. Fully gutted with all new framing, new windows, new board-and-batten vinyl siding, and a roof with good remaining life. Approx. 2,200 sq ft across all levels including attic storage. First floor supports a 2BR/1BA layout per approved plans, and the basement level supports a second 2BR/1BA unit with proper egress, creating a 4BR/2BA two-family home once completed. Water and electrical are connected; town sewer tie-in required. Four off-street parking spaces. Oversized garage offers ADU conversion potential for additional rental income. Two-family approval is contingent on the buyer filing for a building permit and completing the work per the approved plans and the Town Planner’s letter. Seller is a licensed real estate agent.
For sale
$449,900
149 Front St, Lincoln, RI 02865
4beds
2,100sqft
Est.:
Multi Family
Built in 1940
-- sqft lot
$444,100 Zestimate®
$214/sqft
$-- HOA
What's special
New windowsFour off-street parking spacesNew framingOversized garageNew board-and-batten vinyl siding
- 52 days |
- 1,569 |
- 16 |
Zillow last checked: 8 hours ago
Listing updated: January 12, 2026 at 09:32pm
Listed by:
Jeancarlos Nolasco 401-209-7409,
Century 21 Limitless
Source: StateWide MLS RI,MLS#: 1402429
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- None
Cooling
- None
Features
- Flooring: Plywood
- Basement: Full,Interior and Exterior,Unfinished,Bath/Stubbed,Bedroom(s),Kitchen,Living Room
- Has fireplace: No
Interior area
- Total structure area: 1,100
- Total interior livable area: 2,100 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Stories: 3
Lot
- Size: 7,744.97 Square Feet
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Shingles, Vinyl Siding
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: Upgradeable
- Sewer: Public Sewer
- Water: Municipal, Public
- Utilities for property: Sewer Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Lincoln
Financial & listing details
- Price per square foot: $214/sqft
- Annual tax amount: $6,632
- Date on market: 1/3/2026
- Inclusions: Seller is a licensed real estate agent. Stamped plans and Town Planner correspondence available to cooperating brokers and qualified buyers upon receipt of lender pre-approval, proof of funds, or signed LOI.
- Total actual rent: 3800
Estimated market value
$444,100
$422,000 - $466,000
$2,178/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/3/2026 | Listed for sale | $449,900+95.7%$214/sqft |
Source:  StateWide MLS RI #1402429 Report a problem | ||
| 2/7/2023 | Listing removed | -- |
Source: StateWide MLS RI #1328407 Report a problem | ||
| 1/19/2023 | Price change | $229,900-8%$109/sqft |
Source: StateWide MLS RI #1328407 Report a problem | ||
| 8/3/2022 | Listed for sale | $249,900$119/sqft |
Source: StateWide MLS RI #1317162 Report a problem | ||
| 8/3/2022 | Listing removed | -- |
Source: StateWide MLS RI #1306041 Report a problem | ||
| 6/28/2022 | Listed for sale | $249,900$119/sqft |
Source: StateWide MLS RI #1306041 Report a problem | ||
| 5/14/2022 | Pending sale | $249,900$119/sqft |
Source: StateWide MLS RI #1306041 Report a problem | ||
| 3/27/2022 | Listed for sale | $249,900-21.9%$119/sqft |
Source: StateWide MLS RI #1306041 Report a problem | ||
| 1/29/2011 | Listing removed | $319,900$152/sqft |
Source: Exit Commercial Report a problem | ||
| 1/27/2011 | Listed for sale | $319,900$152/sqft |
Source: Exit Commercial Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$2,537/mo
Principal & interest
$2121
Property taxes
$416
Climate risks
Neighborhood: 02865
Nearby schools
GreatSchools rating
- 5/10Lonsdale Elementary SchoolGrades: K-5Distance: 0.5 mi
- 7/10Lincoln Middle SchoolGrades: 6-8Distance: 3.4 mi
- 9/10Lincoln Senior High SchoolGrades: 9-12Distance: 3.1 mi
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