$550,000

Pending

Est. Mortgage $2,709/mo *

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401 Old River Road, Lincoln, RI, 02838

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14 rooms

7 beds

2 Full baths

1930

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.

Status:

Pending

Type:

Multi-family

Laundry Remarks:

Common Area

Units:

Zoning:

RL9

Frontage:

120

Garage:

1-car Detached, Garage

Heating:

Gas, Hot Water

Cooling:

None

Basement:

Full, Interior Entry, Unfinished

Parking:

4-car

Acreage:

0.2

Est. Taxes:

$6,532

Assessment

$376,500

Construction

Drywall,Plaster,Wood Siding,Vinyl Siding

Utilities

Sewer Connected

Amenities:

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

Days on Market:

Appliances:

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

MLS #:

1371341

Community Info

School Info

Walk Score

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