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About This Home
This 4-bedroom, 2-bathroom residential multi family at 149 Front Street in Lincoln, RI is listed for $319,000 ($141 per sqft). Built in 1940, the home offers 2,266 sqft of living space on a 0.17 acres lot.
Amazing opportunity for an investor, contractor, or family looking to add value and gain instant equity in a highly desirable Lincoln location. This property is currently configured as a two-family with 2 bedrooms and 1 bathroom, plus additional attic space offering expansion potential.
The home has been fully gutted, providing a clean slate for you to bring your vision to life and customize to your needs. Significant upfront work has already been completed - including survey, approved plans, engineering, and a letter from the town supporting conversion from a commercial office to a two-family.
Conversion is contingent on pulling permits and completing required work per town approvals. Additional upside with an oversized one-car garage that offers potential for a future ADU (buyer to perform due diligence), along with ample off-street parking. Centrally located in a sought-after Lincoln neighborhood, just minutes to major highways, multiple exits, and Lincoln Woods State Park. A rare chance to create value, build equity, and maximize potential in a strong location.
Key Features
- Built in 1940
- 0.17 acre lot
- 3 stories
- 2 parking spaces
Property Details
Monthly Cost Estimate
$1,706/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
149 Front Street
Lincoln, RI 02865
Property Details
Construction
Questions & Answers
This 4-bedroom, 2-bathroom residential multi family at 149 Front Street is listed at $319,000 ($141/sqft). The estimated monthly payment is $1,382 based on 20% down at 6.5% interest.
Key features include: Built in 1940, 0.17 acre lot, 3 stories, 2 parking spaces.
This property is listed by The Realpro Group and can be reached at (401) 432-4223 or amarines@therealproway.com.
