140 Lincoln Avenue Central Falls, RI 02863
Multi-Family (2-4 Units)
MLS #: 1377025
Courtesy Of Keller Williams South Watuppa
Property InformationDescription
This exceptional 15 Bedroom, 6 bath, HIGH CASH FLOW investment property in Central Falls, RI, includes two 3-unit houses, offering an excellent opportunity for investors or owner-occupants. The Front building has 3 Three bedroom, 1 bath units. The back house has 3 two bedrooms, 1 bath units. Many of the units have been remodeled and updated with all units having their own gas and electric meters for easy management and cost efficiency. The property also includes 6 off-street parking spaces, a rare and valuable feature in this area, providing added convenience for tenants. The units are fully rented with strong current rents and significant potential for future increases, making this an ideal income-generating property. Whether you're looking to expand your portfolio or live in one unit while collecting rent from the others, this property has tremendous upside. Don t miss this opportunity schedule your showing today!
Features
- Age: Over 50 Years Old
- Amenities: Dock
- Architecture Style: Other
- Exterior Type: Vinyl Siding
- Floor Covering: Laminate
- Heating System: Baseboard
- Lot Size: 0.13 Acres
MAP & DIRECTIONS
School Information
140 Lincoln Avenue, Central Falls, RI 02863
Elementary School
Grades KG-4 |
Public School
ELLA RISK SCHOOL
Central Falls, RI 02863
949 Dexter St
401.727.7730
Distance: 0.4 mi
School Rating
D
Student:Teacher Ratio
11:1
Total Students
366
Elementary School
Grades KG-4 |
Public School
VETERANS MEMORIAL ELEMENTARY SCHOOL
Central Falls, RI 02863
150 Fuller Ave
401.727.7740
Distance: 0.3 mi
School Rating
C+
Student:Teacher Ratio
11:1
Total Students
404
Elementary School
Grades 5-8 |
Public School
CALCUTT MIDDLE SCHOOL
Central Falls, RI 02863
112 Washington St
401.727.7726
Distance: 0.1 mi
School Rating
F
Student:Teacher Ratio
17:1
Total Students
753
Middle School
Grades 5-8 |
Public School
CALCUTT MIDDLE SCHOOL
Central Falls, RI 02863
112 Washington St
401.727.7726
Distance: 0.1 mi
School Rating
F
Student:Teacher Ratio
17:1
Total Students
753
High School
Grades 9-12 |
Public School
CENTRAL FALLS SR HIGH SCHOOL
Central Falls, RI 02863
24 Summer St
401.727.7710
Distance: 0.3 mi
School Rating
D
Student:Teacher Ratio
17:1
Total Students
820
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| The Learning Community | 0.2 mi | Public | KG-8 | C |
| Segue Inst For Learning | 0.3 mi | Public | 3-8 | C- |
| Raices Dual Language Academy | 0.4 mi | Public | PK-6 | D |
| Blackstone Valley Preparatory Jr High School | 0.5 mi | Public | 7-8 | C+ |
| G. Harold Hunt School | 0.6 mi | Public | PK | |
| Blackstone Valley Preparatory E. 2 | 0.7 mi | Public | KG-4 | A- |
| Blackstone Valley Preparatory High School | 0.8 mi | Public | 9-12 | C |
| Henry J. Winters Elementary School | 0.9 mi | Public | KG-5 | C- |
| William E. Tolman Senior High School | 1.0 mi | Public | 9-12 | D- |
| Blackstone Valley Preparatory | 1.0 mi | Public | KG-4 | C- |
| Saylesville Elementary School | 1.2 mi | Public | KG-5 | B- |
| B.f. Norton Elementary School | 1.2 mi | Public | KG-5 | B |
| M. Virginia Cunningham Elementary School | 1.2 mi | Public | KG-5 | D+ |
| Samuel Slater Middle School | 1.3 mi | Public | 6-8 | D- |
| St Raphael Academy | 1.3 mi | Private | 9-12 | |
| Blackstone Valley Preparatory Upper E | 1.3 mi | Public | 5-6 | C- |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Central Falls, RI 02863
| Median Age: | 31.5 |
|---|---|
| Married: | 39% |
| Number of Households: | 7,581 |
| Households with Children: | 41.3% |
Central Falls, RI 02863
Demographic Data
-
Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
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