87 Division Street Lincoln, RI $ 659,000
87 Division Street
$ 659,000
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87 Division Street

Lincoln, RI, 02865
$ 659,000
Bedrooms7 Baths3.1 Sq 3,470

Monthly Estimate*

$ 4,380

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Multi-Family Home for sale in Lincoln, RI

for $659,000 with 7 bedrooms and 3 full baths, 1 half bath. This 3,470 square foot home was built in 1880 on a lot size of 0.24.

Two homes merged on a corner lot adds up to one extraordinary three-family home. Though combined more than 50 years ago, the property retains 2 street addresses (74 Prospect and 87 Division Street). The property has been impeccably maintained and extensively updated through the years. Fully occupied with month-to-month tenants, unit 1 is a first-floor 2 bed unit. unit 2 is a first-floor 3 bed unit. On the second floor is unit 3, an expansive 2-bed, 1.5 bath unit that occupies both 2nd floor spaces of the conjoined homes. In addition to an open floor plan, this unit's unique features include front and side porches, along with access to a walk-up finished attic room with cedar closet. All units have laundry within the apartments. State-of-the-art wireless fire alarm system, 2-car garage with openers, spacious private side yard. Weil McLain Gold oil boiler and Amtrol Boiler Mate for entire house. Each unit has individual electric.

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Multi-Family Pending

Price

$ 659,000

Bedrooms

7

Full Bath

3

Half Bath

1

Property Type

Multi-Family

Taxes

$ 7,336

Style

MultiFamily

Lot Size

0.24

Year Built

1880

Town/City

Lincoln

County/Region

Providence

MLS | Web ID

1356707

Features
General
Interior Features Attic Bathtub CedarClosets PermanentAtticStairs
Sewer Connected
Heating Baseboard Oil
Cooling None
Utilities SewerConnected
Possession Negotiable
Appliances CommonWaterHeater
Exterior Features Porch PavedDriveway
HOA 0.0
Garage Spaces 2.0
Patio/Porch Features Porch
Construction Materials Drywall VinylSiding
Year Built 1880
Electric Item100AmpService CircuitBreakers Fuses
Property SubType MultiFamily
Tax Year 2023
Business Type Other
Community Features HighwayAccess NearSchools PublicTransportation RecreationArea Restaurant Shopping
Assoc Fee Paid Per Annually
County Providence
Operating Expense 15589.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Subdivision Name Manville
Garage Y/N Y
Other Structures Outbuilding
Total Rooms 15
Status Pending
City Lincoln
View Y/N N
Senior Community Y/N N
Total Units 3
Lot Size Square Feet 10454.0
Waterfront Y/N N
Carport Y/N N
Street Name Division
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 7336.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 10
Structure Type Apartment
Standard Status Pending
Tax Assessed Value 444900
Tax Lot 0
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Interior
Basement Full InteriorEntry Unfinished
Flooring Carpet Laminate Vinyl
Total Fireplaces 0
Fireplace Features None
Total Stories 2
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Window Features ThermalWindows
Fireplace Y/N N
Above Grade Finished Area 3470.0
Full Baths 3
Half Baths 1
Street Suffix Street
Laundry Features InUnit
Total Bedrooms 7
Electric On Property Y/N N
Total Baths 4
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Exterior
Parking Features Detached Garage
Lot Features CornerLot
Water Source Connected
Total Parking 6.0
Inclusions Long-term tenants' rents are currently all below market value. Unit 3's washer and dryer are owned by the tenant and not included in the sale
Lot Size Area 10454.0
Foundation Details Combination
Number of Buildings 1
Spa N
Building Area Total 3470.0
Lot Size Acres 0.24
Lot Size Units SquareFeet
Covered Spaces 2.0
Door Features StormDoors
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 87
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* Excluded Features
List By
Link Real Estate

Broker

scott@thelinkagency.com

Email

Affordability Calculator

$4,991
Per Month
88%
12%
0%
Monthly Principal & Interest
$4,380
Monthly Property Taxes
$611
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
248553 Elementary School
248554 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/13/2024$659,000 Listed Price

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87 Division Street, Lincoln, RI, 02865 is a Multi-Family Home for sale at $659,000 with 3,470 sqft and a lot size of 0.24. 87 Division Street has 7 bedrooms, 3.1 baths, and was built in 1880. The property's zip code is 02865 which is in Lincoln, RI