37 Central ST, Lincoln, RI 02838
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37 Central ST, Lincoln, RI 02838
37 Central ST, Lincoln, RI 02838
37 Central ST, Lincoln, RI 02838
37 Central ST, Lincoln, RI 02838
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Spectrum Real Estate Consultants

Spectrum Real Estate Consultants

+1(401) 334-3334
$ 549,900
Est. payment /mo
Pending

37 Central ST Lincoln, RI 02838

6 Beds

3 Baths

4,764 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 4,764 sqft

Price per Sqft $115

MLS Listing ID 1408391

Bedrooms 6

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 4,764

Year Built 1900

Annual Tax Amount $6,440

Tax Year 2025

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Multi Family

Property Description

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.

Location

State RI

County Providence

Rooms

Basement Exterior Entry, Full, Interior Entry, Unfinished

Interior

Interior Features Tub Shower

Heating Baseboard, Gas, Space Heater

Cooling Window Unit(s), Wall Unit(s)

Flooring Carpet, Ceramic Tile, Vinyl

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, the monitoring agency only requires a total of 3 affordable units, not 1 per building. Currently, this building houses all 3 of the affordable housing units. If properties sell to different buyers, only 1 unit in each building will be required.

Fireplace No

Appliance Gas Water Heater, Oven, Range, Refrigerator

Exterior

Community Features Highway Access, Near Schools, Public Transportation, Restaurant, Shopping

Utilities Available Sewer Connected

Total Parking Spaces 2

Garage No

Building

Sewer Connected, Public Sewer

Water Connected, Public

Structure Type Drywall,Plaster,Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 37CENTRALSTLINC

Virtual Tour https://tour.RiLiving.com/37-Central-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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37 Central ST