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156 Lincoln Ave, Central Falls, RI, 02863

13beds
4baths
4,060sqft
$850,000
$209price/sqft
$6,684/moest. monthly cost
$267,360/yrincome needed

About This Home

This massive, fully rented legal 4-family offers a turnkey investment opportunity with a total of 13 bedrooms and significant income potential. The property features a versatile unit mix (ranging from 2 to 4 bedrooms), a detached 2-car garage for extra revenue, and ample off-street parking. Maintained for longevity, the building is up to fire code and boasts a newer roof, replacement windows, vinyl siding, and classic porches. Additionally, the basement provides extra finished space with two rooms and two full bathrooms, offering rare flexibility for a high-density asset.

Getting Around

80
WalkingVery Walkable
33
TransitSome Transit
51
BikeBikeable

Schools

4/10
Calcutt Middle SchoolGrades 6-80.1 mi
1/10

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Brick/Mortar
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater
  • Laundry features: Off Site

Basement

  • Has basement: Yes
  • Basement: Full,Interior and Exterior,Partially Finished,Bath/Stubbed,Bedroom(s),Utility

Bedrooms & Bathrooms

  • Bedrooms: 13
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Flooring: Hardwood,Other,Vinyl

Heating & Cooling

  • Heating features: Electric,Natural Gas,Baseboard
  • Cooling features: None

Interior Area

  • Total structure area: 5,970
  • Total interior livable area: 4,060 sqft

Property

Details

  • Attached to another structure: Yes
  • Zoning: R-3

Features

  • Stories: 4

Lot

  • Lot size: 3,920 sqft

Parking

  • Total spaces: 4
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2