$980,000

House for sale Lincoln
Property photo number 1 of 6 Photos for Property. File  103969778_29_76882b094af30162ed5edb21c562ef13.jpeg

Overview

SUMMARY: Discover an opportunity with this Lincoln house for sale and available for $980,000. This could be your next ideal home or a smart investment. More details await.
6-UNIT PROPERTY - cross-listed as Commercial/Business MLS#1415790. 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. Well-maintained 6-unit property in
the Manville section of Lincoln, offering a 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 future capital expenditure needs low. Ample off-street parking including 6 detached garages and 3 storage units providing additional income potential. Located in the Lincoln school district. With a 2025 expense ratio of just 26 percent on gross income of 92k+, this property runs lean. P and L available upon request.

Lincoln RI 02838

12 bedroom house for sale

  • Beds: 12
  • Baths: 4
  • Price: $980,000
  • Area: 8,708 sqft

Location

Lincoln RI 02838

12 bedroom house for sale

For Your Home


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