$550,000

401 Old River Road, Lincoln, RI 02838

  • 7 beds |
  • 2 baths |
  • 2,578 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1930
  • Property Lot Size Icon8,712sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $213/sqft
  • Property List Date Icon Listed 7 months ago

Property Description

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.

Listing Status:
Pending
Date Added:
October 28, 2024 at 05:00AM
Listing Office:
eXp Realty : 888-315-3445
MLS ID:
1371341

This listing courtesy of eXp Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

N

Northern Lincoln Elementary School

315 New River Rd, Manville, RI, 02838

Grades PK-5

0.64 miles away

L

Lincoln Middle School

152 Jenckes Hill Rd, Lincoln, RI, 02865

Grades 6-8

4.05 miles away

L

Lincoln Senior High School

135 Old River Rd, Lincoln, RI, 02865

Grades 9-12

2.61 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.

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