24 Arnold Street Lincoln, RI $ 719,000
24 Arnold Street
$ 719,000
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24 Arnold Street

Lincoln, RI, 02865
$ 719,000
Bedrooms7 Baths3.0 Sq 2,844

Monthly Estimate*

$ 4,486

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Multi-Family Home for sale in Lincoln, RI

for $719,000 with 7 bedrooms and 3 full baths. This 2,844 square foot home was built in 1877 on a lot size of 0.25.

Great investment! This income-generating 3-unit property offers strong rental potential with lots of amenities in the desirable Lonsdale area of Lincoln. Property features a great oversized lot with a two car garage.. a superb location walking distance to shopping plaza and elementary school. Mechanicals include fire alarm system, updated heat & electric, brand new hot water tanks, brand new driveway and updated gutters. Make extra income as there is a strong potential for an ADU; additionally there is space for laundry and storage, plenty of off-street parking, partially fenced and an expansive backyard. This property is designed for both owner-occupants and investors looking for steady cash flow. First floor: 2 bedroom, 1 bath layout featuring a comfortable living room, dining and Galley kitchen - ideal for families or long-term tenants. Second floor: 2 bedroom, 1 bath unit with a living room, separate dining room, and a kitchen. Third floor: 3 Bed, Living, Kitchen and a bath. Three rentable units provide steady cash flow and help offset mortgage costs or if you prefer, live in one unit while renting out the others to reduce your housing costs. Don't miss this opportunity to invest in a desirable neighborhood. Property also includes a detached 2 car garage and an enclosed porch. Lincoln has owner occupied tax exemption available. Close to highways, shopping, and Blackstone River Bike Path.

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Multi-Family Active

Price

$ 719,000

Bedrooms

7

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,448

Style

Lot Size

0.25

Year Built

1877

Town/City

Lincoln

County/Region

Providence

MLS | Web ID

1400427

List By
Equinox Properties

Broker

equinoxproperties2007@gmail.com

Email

Affordability Calculator

$5,023
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,486
Monthly Property Taxes
$537
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
11/18/2025$719,000 Listed Price

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24 Arnold Street, Lincoln, RI, 02865 is a Multi-Family Home for sale at $719,000 with 2,844 sqft and a lot size of 0.25. 24 Arnold Street has 7 bedrooms, 3.0 baths, and was built in 1877. The property's zip code is 02865 which is in Lincoln, RI