$639,900

24 Arnold Street, Lincoln, RI 02865

7 beds |
3 baths |
2,844 sqft

Multi-Family Home
Built in 1877
0.25acre lot
2 car garage
$225/sqft
Listed 1 month ago

Property Description

Great opportunity for owner occupant and investor alike. This income-generating 3-unit property offers strong rental potential in the desirable Lonsdale area of Lincoln. Great location: walking distance to Lincoln Shopping Center plaza, close to highways and Blackstone River Bike Path. Situated on an oversized lot featuring a spacious yard, off-street parking for six vehicles, and a detached two-car garage—ideal for additional rental income, a workshop, or tenant storage. Updated heat & electric, brand new hot water tanks, updated gutters and brand-new driveway. Dry basement for laundry and storage. However, property interior is dated and needs updating. Earn sweat equity, live in one unit while updating the others. Two units are rented currently.

Listing Status:: Active
Date Added:: February 9, 2026
Data Last Updated:: April 4, 2026 at 7:15AM
Listing Office:: Equinox Properties : 401-258-0546
MLS ID:: 1404565

Appliances: Gas Water Heater
Basement: Exterior EntryFullInterior EntryUnfinished
Flooring: Ceramic TileHardwoodLaminateOther
A/C: None
Heating: BaseboardGas
Fireplace: Fireplaces: 0

Style: Stacked
Parking: DetachedGarageParking spaces: 8

Windows: Storm Window(s)
General: Clapboard0

Originating MLS: RIS_RIS
County: Providence

Zoning: 24ARNOLDSTLINC

Utilities: 100 Amp Service
Water: Public
Sewer: Public Sewer

Source: RIS_RIS

This listing courtesy of Equinox Properties

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Lonsdale Elementary School

270 River Rd, Lincoln, RI, 02865

Grades KG-5

0.42 miles away

Lincoln Middle School

152 Jenckes Hill Rd, Lincoln, RI, 02865

Grades 6-8

3.35 miles away

Lincoln Senior High School

135 Old River Rd, Lincoln, RI, 02865

Grades 9-12

3.01 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.