This well-maintained two-family home is an ideal investment property, currently fully rented, ensuring immediate income. The exterior showcases a classic design with a welcoming front porch and well-kept landscaping, reflecting the care taken by the owners. Each unit features spacious living areas filled with natural light, offering comfortable layouts with modern kitchens and cozy bedrooms. The units are equipped with separate utilities, enhancing tenant privacy and convenience. A separate garage provides additional storage and parking options, an asset for tenants in urban areas. The property is strategically located near various amenities, including grocery stores, restaurants, and parks, making it attractive to renters. Additionally, its proximity to major highways ensures easy commuting to surrounding areas, further enhancing its desirability. Overall, this two-family home is a prime example of a solid investment in a thriving community.
This is your chance to own a well maintained 2-family home in Lincoln, Rhode Island. This side-by-side duplex offers a fantastic opportunity for both investors and homeowners seeking dual living spaces or rental income potential. One-unit features 4 bedrooms and 2 full bathrooms, providing ample living space for tenants. The other unit features 2 bedrooms and 1.5 bathrooms. This home also boats a good-sized backyard perfect for outdoor activities and a lot of parking spaces including a garage. The basement offers a lot of space for storage and has great potential for development. Current property taxes do not reflect the 35% homestead exemption. Convenient location! close to local amenities, schools and mayor highways. Call or text for a private showing today!
PRICE REDUCTION!!!! Great Investment Opportunity Duplex in the heart of Lincoln. This property has two units as a side-by-side. The basements are separate as are the driveways. The rental unit is painted and ready for a new tenant to be placed by the new owners. The owners side has also been painted there is rug on the stairs leading to the bedrooms. The first floor has a large Living Room and Kitchen along with the one full bathroom. There is also an office space on the second floor in both units. The first floor has the stairs for the basement and going out to the backyard. The backyard is spacious and is ready for family gatherings and fun times. The Town of Lincoln Memorial Day parade goes by the road at the top of the street. This street is a dead end. This will be a money making property. The Owners have to find Suitable Housing.
Lincoln is located in Rhode Island. Lincoln, Rhode Island has a population of 21,630. Lincoln is more family-centric than the surrounding county with 31.61% of the households containing married families with children. The county average for households married with children is 27.44%.
The median household income in Lincoln, Rhode Island is $69,404. The median household income for the surrounding county is $52,530 compared to the national median of $57,652. The median age of people living in Lincoln is 41.2 years.
The average high temperature in July is 82.8 degrees, with an average low temperature in January of 16.5 degrees. The average rainfall is approximately 49.8 inches per year, with 36.2 inches of snow per year.