About This Home

This 13-bedroom, 4-bathroom residential multi family at 156 Lincoln Avenue in Central Falls, RI is listed for $780,000 ($131 per sqft). Built in 1920, the home offers 5,970 sqft of living space on a 0.09 acres lot.

Key Features

  • Built in 1920
  • 0.09 acre lot
  • 4 stories
  • 4 parking spaces

Property Details

4 stories
4 full
2-car garage
1920

Amenities

Hardwood
Listing Description

This massive, fully rented legal 4-family offers a turnkey investment opportunity with a total of 13 bedrooms and significant income potential. The property features a versatile unit mix (ranging from 2 to 4 bedrooms), a detached 2-car garage for extra revenue, and ample off-street parking.

Maintained for longevity, the building is up to fire code and boasts a newer roof, replacement windows, vinyl siding, and classic porches. Additionally, the basement provides extra finished space with two rooms and two full bathrooms, offering rare flexibility for a high-density asset.

Monthly Cost Estimate

$4,172/mo

20% down · 6.5% · 30 years

Principal$564
Interest$3,380
Insurance$228

Estimates only. Actual payments may vary.

Location

156 Lincoln Avenue

Central Falls, RI 02863

Property Details

Flooring

VinylHardwood

Construction

Vinyl Siding

Heating

Natural GasElectric (Heating)Baseboard

Appliances

Gas Water Heater

Questions & Answers

This 13-bedroom, 4-bathroom residential multi family at 156 Lincoln Avenue is listed at $780,000 ($131/sqft). The estimated monthly payment is $4,172 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 0.09 acre lot, 4 stories, 4 parking spaces.

This property is listed by Franshelly Tejeda.

FT

Franshelly Tejeda

Agent at Cameron Prestige

Listed by Cameron Prestige · Broker phone: (617) 999-6014 · View on Broker Site

MLS# 1410078· Source: State Wide MLS of Rhode Island, Inc.· 196 days on PropertySimple

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

156 Lincoln Avenue, Central Falls, RI 02863

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