978 Smithfield AVE

Lincoln,RI 02865

$ 525000

5 Beds

4 Baths

2240 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,240 sqft

Price per Sqft $234

MLS Listing ID 1368970

Bedrooms 5

Full Baths 3

Half Baths 1

Year Built 1950

Annual Tax Amount $6,269

Tax Year 2024

Lot Size 7,405 Sqft

Property Description

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.

Location

State RI

County Providence

Zoning RG7

Interior

Heating Baseboard,Gas,Hot Water

Cooling None

Flooring Ceramic Tile,Hardwood

Fireplaces Type None

Inclusions Please see disclosures.

Laundry Common Area

Exterior

Exterior Feature Deck,Paved Driveway

Garage Detached

Garage Spaces 1.0

Community Features Highway Access,Near Schools,Public Transportation,Restaurant,Shopping,Sidewalks

Utilities Available Sewer Connected

Building

Foundation See Remarks

Sewer Connected

Water Connected

Structure Type Plaster,Vinyl Siding

New Construction No

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