149 Front St, Lincoln, RI, 02865
About This Home
Amazing opportunity for an investor, contractor, or family looking to add value and gain instant equity in a highly desirable Lincoln location. This property is currently configured as a two-family with 2 bedrooms and 1 bathroom, plus additional attic space offering expansion potential. The home has been fully gutted, providing a clean slate for you to bring your vision to life and customize to your needs. Significant upfront work has already been completed — including survey, approved plans, engineering, and a letter from the town supporting conversion from a commercial office to a two-family. Conversion is contingent on pulling permits and completing required work per town approvals. Additional upside with an oversized one-car garage that offers potential for a future ADU (buyer to perform due diligence), along with ample off-street parking. Centrally located in a sought-after Lincoln neighborhood, just minutes to major highways, multiple exits, and Lincoln Woods State Park. A rare chance to create value, build equity, and maximize potential in a strong location.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- New construction: Yes
- Year built: 1940
Materials
- Foundation: Mixed
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Full,Interior and Exterior,Unfinished
Bathroom
- Features: No Tub or Shower
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Other
Heating & Cooling
- Heating features: None
- Cooling features: None
Interior Area
- Total structure area: 2,266
- Total interior livable area: 1,594 sqft
Property
Details
- Attached to another structure: Yes
- Foundation area: 672
Features
- Stories: 3
Lot
- Lot size: 7,501 sqft
Parking
- Total spaces: 2
- Parking features: Detached
- Has garage: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Rhode Island Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,613 | $19,356 |
| Home Insurance * | $123 | $1,476 |
| Property Taxes | $316 | $3,792 |
| Electricity | $389 | $4,675 |
| Total | $2,441 | $29,292 |
Income You'd Need if You Spent...
Rhode Island FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-01 | Listed for sale | $319,000 |
| 2026-04-02 | Listing removed | $449,900 |
| 2026-01-03 | Listed for sale | $449,900 |
| 2023-02-07 | Listing removed | -- |
| 2023-01-19 | Price change | $229,900 |
| 2022-08-03 | Listed for sale | $249,900 |
| 2022-08-03 | Listing removed | -- |
| 2022-06-28 | Listed for sale | $249,900 |
| 2022-05-14 | Pending sale | $249,900 |
| 2022-03-27 | Listed for sale | $249,900 |
| 2011-01-29 | Listing removed | $319,900 |
| 2011-01-27 | Listed for sale | $319,900 |
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