$980,000
68 WINTER Street
Lincoln, RI 02838
About This Home
6-unit multifamily in the Manville section of Lincoln, offered cross-listed as Multi-Family MLS#1415803. Whether you are expanding an existing portfolio or stepping into your first 6-plus unit investment, this Manville multifamily delivers a proven income stream with low overhead. Unit mix of (4) three-bedroom and (2) two-bedroom apartments. Large units with a strong rental history, all utilities paid by the tenant. Lead certificates in place. The building features 6 new individual heating systems and a roof approximately 3 years old, keeping deferred maintenance to a minimum. Ample off-street parking including 6 detached garages and 3 storage units providing additional revenue opportunity. Located in the Lincoln school district. With a 2025 expense ratio of just 26 percent on gross income of 92K, the property operates lean. P and L available upon request.
Property Details
Listing Information
The data relating to real estate for sale on this website comes from the Internet Data Exchange (IDX) program of the State-Wide Multiple Listing Service. Real estate listings held by brokerage firms other than FAB Living Realty are marked with the MLS logo and detailed information about them includes the name of the listing broker.
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MLS # 1415790