37 Central, Lincoln, RI, 02838

Well-maintained 3-family property offering a strong investment opportunity in desirable Lincoln. The building features three 2-bedroom units, providing consistent rental demand and a well-balanced unit mix. The first and third-floor units have been updated, while the remaining unit offers value-add potential for future improvement. The property is fully rented, delivering immediate income with additional upside through continued updates and rental growth. This offering is part of a unique portfolio consisting of three separate 3-family properties (9 total units) that share a common parking area. Each property is individually deeded and being marketed separately; however, the seller is requiring a simultaneous closing for all three properties. Ideal for investors looking to scale with a package acquisition or coordinate a multi-buyer purchase.

Residential Income
$549,900
Location
City/TownLincoln
CountyProvidence
Community FeaturesBus, Commuter Bus, Highway Access, Interstate, Restaurants, Schools, Shopping
Interior
Living Area4,764 sq. ft.
Rooms15
HeatingNatural Gas, Baseboard, Space Heater
CoolingWall Unit(s), Window Unit(s)
Interior FeaturesWall (Dry Wall), Wall (Plaster), Plumbing (Mixed), Insulation (Ceiling), Insulation (Walls)
Additional Information
Tax Assessment$476,200
Exterior
Acreage0.11
Listed By: Westcott Properties

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