68 WINTER Street, Lincoln, RI 02838

$980,000
12
BD
4
BA

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List Price
$980,000
MLS#
1415803
Status
PENDING
Type
Multifamily
City
Lincoln
County
Providence
Bedrooms
12
Bathrooms
4
Year Built
1873

Property Description

6-UNIT PROPERTY - cross-listed as Commercial/Business MLS#1415790. 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. Well-maintained 6-unit property in the Manville section of Lincoln, offering a 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 future capital expenditure needs low. Ample off-street parking including 6 detached garages and 3 storage units providing additional income potential. Located in the Lincoln school district. With a 2025 expense ratio of just 26 percent on gross income of 92k+, this property runs lean. P and L available upon request.

Additional Information

Electric
100 Amp Service, Circuit Breakers, Separate Meters
Cooling
None
Sewer
Connected, Public Sewer

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Calculator source: Real Geeks

Listing courtesy of HERE Realty. Contact:

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