44 division street Lincoln, RI 02838

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Residential Properties

800-886-1775

INVESTMENT OPPORTUNITY!! Entire Portfolio Consisting of 25 Units in Total in 7 Buildings. 8% CAP Rate With Current Operating Income of Almost $180k/Yr! Many of the Units Are Updated, Many Have New Efficient Heating Systems. All Maintenance and Repairs are up to Date and Have Excellent Occupancy History. All but one Unit are Currently Rented. Start Generating Income Immediately. This Property is part of a Portfolio and may be combined with with MLS #'s 1222615, 1222612, 1222610, 1222127(commercial), 1222616. Seller is willing to part out individual properties. 282 and 294 Diamond Hill Rd Must Be sold Together. These Properties Share a Driveway and Parking Lot.


Property Details

MLS#
1222127
Type
Commercial
County
Providence
Year Built
1880
Lot Size
10,000 Sq Ft
Taxes
$11,029
Tax Year
2019

Additional Details


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Lincoln

Lincoln is a lovely northern city in close proximity to Providence and with easy access to Massachusetts, but the town's suburban/rural fabric has been maintained.


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The real estate data on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. The 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. Information deemed reliable but not guaranteed. Copyright© 2019 State-Wide MLS, Inc. All rights reserved. Data last updated 08/20/19.

LISTED BY: THE MELLO GROUP, INC.

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