35 Central Street Lincoln, RI $ 649,900
35 Central Street
$ 649,900
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35 Central Street

Lincoln, RI, 02838
$ 649,900
Bedrooms9 Baths3.0 Sq 5,518

Monthly Estimate*

$ 4,002

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Multi-Family Home for sale in Lincoln, RI

for $649,900 with 9 bedrooms and 3 full baths. This 5,518 square foot home was built in 1900 on a lot size of 0.08.

Fully remodeled 3-family property offering a rare turnkey investment opportunity in desirable Lincoln. This building was taken down to the studs in 2023 and completely renovated with all new electrical, plumbing, and modern finishes throughout. Each unit is well-appointed and the property is fully rented, providing immediate, stable income. All three units offer spacious 3-bedroom layouts. The first-floor unit is an oversized apartment featuring a classic double parlor layout, while the second and third floors are configured as side-by-side townhouse-style units, maximizing functionality and tenant appeal. 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.

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Multi-Family Active

Price

$ 649,900

Bedrooms

9

Full Bath

3

Property Type

Multi-Family

Taxes

$ 5,934

Style

Lot Size

0.08

Year Built

1900

Town/City

Lincoln

County/Region

Providence

MLS | Web ID

1408374

Features
General
Sewer Connected Public Sewer
Heating Baseboard Gas Hot Water
Cooling Window Unit(s)
Utilities Sewer Connected
Possession Negotiable
Garage Spaces 0
Construction Materials Drywall Vinyl Siding
Year Built 1900
Electric 100 Amp Service
Property Subtype Multi Family
Tax Year 2025
Community Features Highway Access Near Schools Public Transportation Recreation Area Restaurant Shopping
County Providence
Operating Expense 0
New Construction false
Property Type Residential Income
Garage Y/N false
Total Rooms 15
Full Baths 3
Status Active
City Lincoln
Senior Community Y/N false
Number Of Units Total 3
Lot Size Units Square Feet
Lot Size Square Feet 3485
Land Lease Y/N false
Tax Annual Amount 5934
Virtual Tour https://tour.RiLiving.com/35-Central-Street-Lincoln-RI-02838
Structure Type Apartment
Standard Status Active
Tax Assessed Value 438800
Tax Lot 281
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Interior
Interior Amenities Tub Shower
Basement Full Interior Entry Unfinished
Flooring Ceramic Tile Hardwood Vinyl
Total Fireplaces 0
Total Stories 3
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Total Bedrooms 9
Total Baths 3
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Exterior
Parking Features No Garage
Lot Features Paved
Water Source Connected Public
Total Parking 3
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 this building does not currently house an affordable unit as the monitoring agency allows a total of 3 units no matter which of the buildings these are housed in. Currently all 3 affordable units are located in 37 Central St.
Lot Size Area 3485
Number of Buildings 1
Building Area Total 5518
Lot Size Acres 0.08
Covered Spaces 0
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* Excluded Features
List By
Westcott Properties

Broker

dazuller@gmail.com

Email

Affordability Calculator

$4,496
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,002
Monthly Property Taxes
$495
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3/27/2026$649,900 Listed Price

Map


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35 Central Street, Lincoln, RI, 02838 is a Multi-Family Home for sale at $649,900 with 5,518 sqft and a lot size of 0.08. 35 Central Street has 9 bedrooms, 3.0 baths, and was built in 1900. The property's zip code is 02838 which is in Lincoln, RI