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144 Railroad

$1,500,000

144 Railroad, Lincoln, RI 02838

Active
Last Updated: 06/28/2025

6,098 sqft

Lot Area

1900

Year Built

Details:
Lot Area:    6,098 sqft
Year Built:    1900
MlsNumber:    1375633
Parking Spots:    10
Highlights:
  • Annual Tax: $ 7895.0
  • Heating Type: Baseboard
  • Age: 1-5 Years Old
  • Cooling: No A/C
  • Road Type: State Road
  • Sewer: City
  • Basement: Full
  • Water: City Water
Description:

Investors take note! This income-generating 7 unit offers plenty of cashflow with updated market rent. Five units include 3 spacious bedrooms, dine-in kitchens and open living room area. One unit offers 2 bedrooms with the same layout and the last unit is a spacious studio. 6 of the 7 units have been completely renovated and offer access to a shared front balcony. Off-street parking for up to 10 cars (each unit has one parking spot) with plenty of street parking as well. Property is up to fire code and complete with new electrical, boilers, and hot water heaters. $9500/monthly income. Do not miss out on this fully-occupied opportunity. Schedule a showing today!

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