41.970505 -71.47477

44 Division Street Lincoln, RI 02838

239088987 41.970505 -71.47477 136 /listing/239088987-151034946/44-division-street-lincoln-ri-02838 False 0 1250000.0 101 1222127 False
  • $1,250,000
  • 10,000 lot
  • Est payment $6710.27/mo

Property & Neighborhood Info

Courtesy Of The Mello Group, Inc.

Commercial in Lincoln

INVESTMENT OPPORTUNITY!! Entire Portfolio Consisting of 25 Units in Total in 7 Buildings. 8% CAP Rate With Current Operating Income of Almost $180k/Yr! Many of the Units Are Updated, Many Have New Efficient Heating Systems. All Maintenance and Repairs are up to Date and Have Excellent Occupancy History. All but one Unit are Currently Rented. Start Generating Income Immediately. This Property is part of a Portfolio and may be combined with with MLS #'s 1222615, 1222612, 1222610, 1222127(commercial), 1222616. Seller is willing to part out individual properties. 282 and 294 Diamond Hill Rd Must Be sold Together. These Properties Share a Driveway and Parking Lot.

Courtesy Of The Mello Group, Inc.
  1. 10,000 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1880
  • County: Providence
  • Taxes: $11,029.00
  • Tax Year: 2019
  • Units: 1
  • Zoning: RG7
  • MLS Number:1222127

Additional Features

  • Building Square Feet:
    • 0
  • Construction:
    • Frame
  • New Construction:
    • N
  • Property Subtype:
    • Commercial
  • Basement:
    • Full
  • Electric:
    • Item200AmpService
  • Sewer:
    • PublicSewer
  • Number of Buildings:
    • 3
  • Road Frontage:
    • CityStreet
  • Gross Income:
    • 132960
  • Sign:
    • true
  • Listing Type:
    • ExclusiveRightToSell
  • Listing Key:
    • 350388659
  • Listing URL:
    • https://www.riliving.com/MLS-1222127/
  • Operating Expense:
    • 39399
  • Parcel Number:
    • 44DIVISIONSTLINC
  • Possession:
    • Negotiable
Neighborhood info courtesy of Homes.com © 2020

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Homistic Real Estate, Inc.
Homistic Real Estate, Inc.
(401) 432-7227
681 Park Ave. Suite 23 Cranston RI 02910
no name available Homistic Real Estate, Inc.
Let us help you!
41.970505 -71.47477

44 Division Street Lincoln, RI 02838

239088987 41.970505 -71.47477 136 /listing/239088987-151034946/44-division-street-lincoln-ri-02838 False 0 1250000.0 101 1222127 False
  • $1,250,000
  • 10,000 lot
  • Est payment $6710.27/mo