6-unit multifamily in the Manville section of Lincoln, offered cross-listed as Multi-Family MLS#1415803. Whether you are expanding an existing portfolio or stepping into your first 6-plus unit investment, this Manville multifamily delivers a proven income stream with low overhead. Unit mix of (4) three-bedroom and (2) two-bedroom apartments. Large units with a strong rental history, all utilities paid by the tenant. Lead certificates in place. The building features 6 new individual heating systems and a roof approximately 3 years old, keeping deferred maintenance to a minimum. Ample off-street parking including 6 detached garages and 3 storage units providing additional revenue opportunity. Located in the Lincoln school district. With a 2025 expense ratio of just 26 percent on gross income of 92K, the property operates lean. P and L available upon request.
| Location | |
|---|---|
| City/Town | Lincoln |
| County | Providence |
| Community Features | Bus, Highway Access, Shopping |
| Interior | |
|---|---|
| Living Area | 8,708 sq. ft. |
| Heating | Baseboard, Forced Water |
| Cooling | None |
| Interior Features | Ceiling Height (7 to 9 Ft) |
| Additional Information | |
|---|---|
| Tax Assessment | $563,900 |
| Zoning | BL05 |
| Exterior | |
|---|---|
| Acreage | 0.21 |
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