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Roults Jean-Francois

jeanfrancoisgroupmgt@gmail.com +1(401) 316-9458

$ 1,900,000

Est. payment -/mo

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Price Dropped by $95K

92 Spring ST Lincoln, RI 02838

0.3 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1401085

HOA Y/N No

Year Built 1900

Annual Tax Amount $17,658

Tax Year 2025

Lot Size 0.300 Acres

Property Sub-Type Commercial

Property Description

Investor Alert!! Total of 9 units across 3 buildings all fully occupied with strong rental history and parking. Three 3 unit buildings which share a parking lot along with 5 garage bays make this investment opportunity too good to pass up! Addresses are 92 Spring St., 35 Central St. & 37 Central St. 6 out of the 9 total units have been taken to the studs within the past 3 years with all new wiring, plumbing, heating systems, and all cosmetic upgrades. Total gross rents of nearly $16k/month (just under $188k/year). Properties are subdivided and would qualify for individual conventional loans as well.

Location

State RI

County Providence

Rooms

Basement Dirt Floor

Interior

Heating Baseboard, Space Heater

Cooling None

Exterior

Community Features Highway Access, Near Schools, Public Transportation

Utilities Available Electricity Available, Natural Gas Available, Natural Gas Connected, Sewer Connected

Total Parking Spaces 10

Garage Yes

Building

Foundation Stone

Sewer Connected

Water Connected

New Construction No

Others

Tax ID 92SPRINGSTLINC

Security Features Closed Circuit Camera(s),Carbon Monoxide Detector(s),Smoke Detector(s),Building Security,Security Lights

Listed by Westcott Properties

Roults Jean-Francois

Agent | res.res.0042995

+1(401) 316-9458

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