71 South Street Lincoln

$564,900
5 2 3,504 sq ft

The Property

This well-maintained Gable-Front two-family in desirable Lincoln, RI offers a versatile layout ideal for both investors and owner-occupants. A new roof (2022) and updated appliances provide peace of mind and added value.

The first-floor unit features 2 bedrooms, a full bath, an eat-in kitchen, and a comfortable living room, currently tenant-occupied with an active lease – perfect for immediate rental income.

The upper unit delivers a multi-level living layout across the second and third floors.

The second level includes 2 bedrooms, a full bath, kitchen, and living room, while the heated and finished third floor – accessed by an interior staircase – functions as a true extension of the unit. Ideal as a 3rd bedroom, primary suite, guest space, or home office, this flexible layout offers the kind of multi-level living rarely found in multi-family properties.

This unique configuration appeals to today’s buyers seeking additional space to live and work, while also enhancing long-term rental potential.

Owner-occupants may benefit from Lincoln’s 35% Homestead Tax Exemption, helping to significantly reduce monthly carrying costs.

Read more

Listing Details

MLS Number

1409731

Lot Size:

0.11 acres

Features

  • Basement: Full, Interior Only, Unfinished, Utility
  • Heating: Natural Gas, Forced Water
  • Heating Fuel: Natural Gas, Forced Water
  • Laundry
  • Year Built: 1900

Listed by Better Living Real Estate, Llc

Similar Listings

Exclusively From Us To You

We invite you to join our exquisite collection of properties, latest news and events.

Thank you for subscribing!