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401 Old River Road

Lincoln, RI 02838
  • $550,000
  • STATUS: Pending
  • ON SITE: 12 Days
  • MLS #: 1371341
Pending
$550,000
  • 7
    BEDS
  • 0.2
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,578
    SQFT
  • $213
    $/SQFT
Type:
Multi-Family
Built:
1930
County:
Area:

School Ratings & Info

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.

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[Rhode Island Statewide MLS] logo

© 2024 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than John Krekorian | RE/MAX Flagship are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or John Krekorian | RE/MAX Flagship. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-11-09T23:37:37.403.
www.krekorianteam.com/homes/157246918
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401 Old River Road Lincoln, RI 02838

  • Price: $550,000
  • Status: Pending
  • On Site: 12 Days
  • MLS #: 1371341
7
Beds
2
Baths
0
½ Baths
0.2
Acres
2,578
SQFT
$213
$/SQFT
1930
Built
County:
Providence
Area:
Lincoln
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.
Exterior Features

Construction Materials Drywall Plaster Wood Siding Vinyl Siding Covered Spaces 1 Exterior Features Balcony Deck Porch Paved Driveway Foundation Details Concrete Perimeter Frontage Length 120 Garage YN Yes Parking Features Detached Garage Parking Total 4 Patio And Porch Features Balcony Deck Porch

Interior Features

Appliances Dryer Dishwasher Exhaust Fan Gas Water Heater Oven Range Refrigerator Washer Basement Full Interior Entry Unfinished Basement YN Yes Cooling None Cooling YN No Fireplace Features None Fireplace YN No Fireplaces Total 0 Flooring Ceramic Tile Hardwood Heating Gas Hot Water Heating YN Yes Interior Features Attic Cedar Closet(s) Tub Shower Cable TV

Property Features

Attached Garage YN No Community Features Golf Highway Access Near Hospital Near Schools Public Transportation Recreation Area Restaurant Shopping Sidewalks Electric 100 Amp Service Circuit Breakers Human Modified YN Yes Land Lease YN No Laundry Features Common Area New Construction YN No Operating Expense 0 Property Sub Type Multi Family Senior Community YN No Sewer Connected Public Sewer Tax Annual Amount 6532 Tax Assessed Value 376500 Tax Lot 4 Tax Year 2024 Utilities Sewer Connected Water Source Connected Public Zoning RL9

[Rhode Island Statewide MLS] logo Listing information © 2024 State-Wide Multiple Listing Service.
Listing provided courtesy of eXp Realty: .



[Rhode Island Statewide MLS] logo

© 2024 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than John Krekorian | RE/MAX Flagship are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or John Krekorian | RE/MAX Flagship. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-11-09T23:37:37.403.
 
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John Krekorian | RE/MAX Flagship
140 Point Judith Road #23
Narragansett RI, 02882