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24 Arnold Street, Lincoln, RI 02865

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For Sale

$719,000

7 beds • 3 baths • 2,844 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $252.81
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Great investment! This income-generating 3-unit property offers strong rental potential with lots of amenities in the desirable Lonsdale area of Lincoln. Property features a great oversized lot with a two car garage.. a superb location walking distance to shopping plaza and elementary school. Mechanicals include fire alarm system, updated heat & electric, brand new hot water tanks, brand new driveway and updated gutters. Make extra income as there is a strong potential for an ADU; additionally there is space for laundry and storage, plenty of off-street parking, partially fenced and an expansive backyard. This property is designed for both owner-occupants and investors looking for steady cash flow. First floor: 2 bedroom, 1 bath layout featuring a comfortable living room, dining and Galley kitchen - ideal for families or long-term tenants. Second floor: 2 bedroom, 1 bath unit with a living room, separate dining room, and a kitchen. Third floor: 3 Bed, Living, Kitchen and a bath. Three rentable units provide steady cash flow and help offset mortgage costs or if you prefer, live in one unit while renting out the others to reduce your housing costs. Don t miss this opportunity to invest in a desirable neighborhood. Property also includes a detached 2 car garage and an enclosed porch. Lincoln has owner occupied tax exemption available. Close to highways, shopping, and Blackstone River Bike Path.
MLS# 1400427

Courtesy Of Equinox Properties

(401) 258-0546

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Floor Covering
    Hardwood, Laminate, Tile, Tile - Ceramic
  • Heating System
    Baseboard
  • Lot Size
    0.25 Acres

Map and Directions

Directions to 24 Arnold Street, Lincoln, RI 02865

Home seller CENTURY 21 Limitless

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CENTURY 21 Limitless

(401) 588-2400
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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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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.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.