92 Spring ST, Lincoln, RI 02838
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92 Spring ST, Lincoln, RI 02838
92 Spring ST, Lincoln, RI 02838
92 Spring ST, Lincoln, RI 02838
92 Spring ST, Lincoln, RI 02838
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Spectrum Real Estate Consultants

Spectrum Real Estate Consultants

+1(401) 334-3334
$ 599,900
Est. payment /mo
Pending

92 Spring ST Lincoln, RI 02838

6 Beds

3 Baths

5,356 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 5,356 sqft

Price per Sqft $112

MLS Listing ID 1408367

Bedrooms 6

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 5,356

Year Built 1900

Annual Tax Amount $5,285

Tax Year 2025

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Multi Family

Property Description

Fully remodeled 3-family property offering a rare turnkey investment opportunity in desirable Lincoln. This building was taken down to the studs in 2022 and completely renovated with all new electrical, plumbing, and modern finishes throughout. Each unit is well-appointed and the property is fully rented, providing immediate, stable income.

The property also features an attached 5-bay garage, adding additional value and potential income.

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.

Location

State RI

County Providence

Rooms

Basement Interior Entry, Partial, Unfinished

Interior

Interior Features Tub Shower

Heating Baseboard, Gas, Hot Water

Cooling Window Unit(s)

Flooring Ceramic Tile, Hardwood, Vinyl

Fireplaces Type None

Inclusions There is a deed restriction in place to offer 1 unit of affordable housing. The same deed restriction is in place for each of the 3 units in the package. Because the current owner owns all 3, this building does not currently house an affordable unit as the monitoring agency allows a total of 3 units no matter which of the buildings these are housed in. Currently, all 3 affordable units are located in 37 Central St.

Fireplace No

Appliance Gas Water Heater

Exterior

Parking Features Attached

Garage Spaces 4.0

Community Features Highway Access, Near Schools, Public Transportation, Recreation Area, Restaurant

Utilities Available Sewer Connected

Total Parking Spaces 8

Garage Yes

Building

Lot Description Corner Lot, Paved

Sewer Connected, Public Sewer

Water Connected, Public

Structure Type Drywall,Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 92SPRINGSTLINC

Virtual Tour https://tour.RiLiving.com/92-Spring-Street-Lincoln-RI-02838


Listed by Westcott Properties

Nearby Locations

Spectrum Real Estate Consultants

Spectrum Real Estate Consultants

Admin

+1(401) 334-3334

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92 Spring ST