
$980,000 USD
Commercial for Sale, 68 WINTER Street, Lincoln, Rhode Island 02838
- MLS#1415790
- Minimum sellable space
809 m² (8,708 ft²)
Listed By Here Realty
The Commercial Property for Sale located at 68 WINTER Street, Lincoln, Rhode Island 02838 is currently for sale. 68 WINTER Street, Lincoln, Rhode Island 02838 is listed for $980,000.
Property features
Property
- Property size:
809 m² (8,708 ft²)
Lot/Land
- Land/Lot size:
850 m² (9,148 ft²) - Lot description: Paved Road
Construction
- Year built: 1873
- Construction: Frame
- Basement and foundation: Brick
Heating and Cooling
- Heating system: Baseboard
Utilities
- Other utilities: Natural GasGasPublic Sewer
Description
6-unit multifamily in the Manville section of Lincoln, offered cross-listed as Multi-Family MLS#1415803. Whether you are expanding an existing portfolio or stepping into your first 6-plus unit investment, this Manville multifamily delivers a proven income stream with low overhead. Unit mix of (4) three-bedroom and (2) two-bedroom apartments. Large units with a strong rental history, all utilities paid by the tenant. Lead certificates in place. The building features 6 new individual heating systems and a roof approximately 3 years old, keeping deferred maintenance to a minimum. Ample off-street parking including 6 detached garages and 3 storage units providing additional revenue opportunity. Located in the Lincoln school district. With a 2025 expense ratio of just 26 percent on gross income of 92K, the property operates lean. P and L available upon request.
Location
68 WINTER Street, Lincoln, Rhode Island 02838