401 Old River RD, Lincoln, RI 02838 – 1371341 - Kathleen Sposato

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Kathleen Sposato

soldwithsposato@gmail.com +1(508) 523-8632

$550,000

Est. payment - /mo

7 Beds

2 Baths

2,578 SqFt

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 2,578 sqft

Price per Sqft $213

MLS Listing ID 1371341

Bedrooms 7

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 2,578

Year Built 1930

Annual Tax Amount $6,532

Tax Year 2024

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type Multi Family

Property Description

Welcome to this inviting two-family property, ideal for owner-occupants and investors alike. The first-floor apartment is vacant and move-in ready, offering immediate potential for personal use or rental income, while the second floor is currently rented at market rate, ensuring immediate cash flow, the second unit also has the Lead Conformance Certificate in place, offering peace of mind and legal compliance right off the bat for savvy buyers. Both units are meticulously maintained, featuring three spacious bedrooms in Unit 1 and four bedrooms in Unit 2. The interiors boast refinished hardwood floors, fresh paint, and stylish wood-stained finishes that reduce lead-based paint concerns. The first floor charms with a unique kitchen featuring a vaulted ceiling and access to a private balcony, perfect for enjoying outdoor moments. Located in a sought-after school district, just steps from a local park, and within a 15-minute drive to Providence, this property combines convenience with a desirable neighborhood feel. Don't miss the opportunity to invest in a well-maintained, income-producing home with standout features and an ideal location.

Location

State RI

County Providence

Zoning RL9

Rooms

Basement Full, Interior Entry, Unfinished

Interior

Interior Features Attic, Cedar Closet(s), Tub Shower, Cable TV

Heating Gas, Hot Water

Cooling None

Flooring Ceramic Tile, Hardwood

Fireplaces Type None

Fireplace No

Appliance Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Oven, Range, Refrigerator, Washer

Laundry Common Area

Exterior

Exterior Feature Balcony, Deck, Porch, Paved Driveway

Parking Features Detached

Garage Spaces 1.0

Community Features Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Sidewalks

Utilities Available Sewer Connected

Porch Balcony, Deck, Porch

Total Parking Spaces 4

Garage Yes

Building

Foundation Concrete Perimeter

Sewer Connected, Public Sewer

Water Connected, Public

Structure Type Drywall,Plaster,Wood Siding,Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 401OLDRIVERRDLINC

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Listed by eXp Realty

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Kathleen Sposato

+1(508) 523-8632

Broker | License ID: 9084437

Broker License ID: 9084437

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401 Old River RD Lincoln, RI 02838

Kathleen Sposato

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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401 Old River RD