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37 Central Street Lincoln, RI $ 549,900
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37 Central Street
$ 549,900
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37 Central Street

Lincoln, RI, 02838
$ 549,900
Bedrooms6 Baths3.0 Sq 4,764

Monthly Estimate*

$ 3,386

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Multi-Family Home for sale in Lincoln, RI

for $549,900 with 6 bedrooms and 3 full baths. This 4,764 square foot home was built in 1900 on a lot size of 0.11.

Well-maintained 3-family property offering a strong investment opportunity in desirable Lincoln. The building features three 2-bedroom units, providing consistent rental demand and a well-balanced unit mix. The first and third-floor units have been updated, while the remaining unit offers value-add potential for future improvement. The property is fully rented, delivering immediate income with additional upside through continued updates and rental growth. 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

$ 549,900

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,440

Style

Lot Size

0.11

Year Built

1900

Town/City

Lincoln

County/Region

Providence

MLS | Web ID

1408391
Features
General
Sewer Connected Public Sewer
Heating Baseboard Gas Space Heater
Cooling Window Unit(s) Wall Unit(s)
Utilities Sewer Connected
Possession Negotiable
Garage Spaces 0
Construction Materials Drywall Plaster Vinyl Siding
Year Built 1900
Electric 100 Amp Service
Property Subtype Multi Family
Tax Year 2025
Community Features Highway Access Near Schools Public Transportation 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 4792
Land Lease Y/N false
Tax Annual Amount 6440
Virtual Tour https://tour.RiLiving.com/37-Central-Street-Lincoln-RI-02838
Structure Type Apartment
Standard Status Active
Tax Assessed Value 476200
Tax Lot 073
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Interior
Interior Amenities Tub Shower
Basement Exterior Entry Full Interior Entry Unfinished
Flooring Carpet Ceramic Tile 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 6
Total Baths 3
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Exterior
Parking Features No Garage
Water Source Connected Public
Total Parking 2
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 the monitoring agency only requires a total of 3 affordable units not 1 per building. Currently this building houses all 3 of the affordable housing units. If properties sell to different buyers only 1 unit in each building will be required.
Lot Size Area 4792
Number of Buildings 1
Building Area Total 4764
Lot Size Acres 0.11
Covered Spaces 0
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* Excluded Features
List By
Westcott Properties

Broker

dazuller@gmail.com

Email

Affordability Calculator

$3,922
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,386
Monthly Property Taxes
$537
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
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Pricing History
DatePricePrice ChangeDescription
3/27/2026$549,900 Listed Price

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37 Central Street, Lincoln, RI, 02838 is a Multi-Family Home for sale at $549,900 with 4,764 sqft and a lot size of 0.11. 37 Central Street has 6 bedrooms, 3.0 baths, and was built in 1900. The property's zip code is 02838 which is in Lincoln, RI

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