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Overview

  • Updated On:
  • November 13, 2024
  • 2
  • Bathrooms
  • 14
  • Rooms
  • 7
  • Bedrooms
  • 0 ac
  • Property Lot Size

401 Old River Road, Lincoln, Residential Income

$ 550,000
401 Old River Road,

Description

Welcome to this inviting two-family property, ideal for owner-occupants and investors alike. The first-floor apartment is vacant and move-in ready, offering immediate potential for personal use or rental income, while the second floor is currently rented at market rate, ensuring immediate cash flow, the second unit also has the Lead Conformance Certificate in place, offering peace of mind and legal compliance right off the bat for savvy buyers. Both units are meticulously maintained, featuring three spacious bedrooms in Unit 1 and four bedrooms in Unit 2. The interiors boast refinished hardwood floors, fresh paint, and stylish wood-stained finishes that reduce lead-based paint concerns. The first floor charms with a unique kitchen featuring a vaulted ceiling and access to a private balcony, perfect for enjoying outdoor moments. Located in a sought-after school district, just steps from a local park, and within a 15-minute drive to Providence, this property combines convenience with a desirable neighborhood feel. Don’t miss the opportunity to invest in a well-maintained, income-producing home with standout features and an ideal location.

Property Id : 93681
Price: $ 550,000
Property Lot Size: 0 ac
Rooms: 14
Bedrooms: 7
Bathrooms: 2
Basement: Full,Interior Only,Unfinished,Storage Space,Utility
Bathrooms Full: 2
Bathrooms Half: 0
Building Area Total (sqft): 2578
Foundation Area: 1225
Community Features: Bus,Commuter Bus,Golf,Highway Access,Hospital,Interstate,Private School,Public School,Recreational Facilities,Restaurants,Schools,Shopping
Construction Materials: Dry Wall,Plaster,Wood Wall(s),Vinyl Siding
Cooling: None
Other Equipment: Cable TV
Parking Total: 4
Electric: 100 Amp Service,Circuit Breakers
Fireplace Features: None
Fireplaces Total: 0
Flooring: Ceramic Tile,Hardwood
Foundation Details: Concrete Perimeter
Garage Spaces: 1
Heating: Natural Gas,Forced Water
Laundry Features: In Building
MLS Listing #: 1371341
Living Area Source: Public Records
Living Area Units: Square Feet
Lot Features: Paved Driveway,Sidewalks
Lot Size SQFT: 8712
MLS Status: Pending
Number Of Units Total: 2
Parking Features: Detached
Bathroom Features: Bath w Tub & Shower
Sewer: Connected,Public
State: RI
Stories: 2
Street Name: Old River
Street Number: 401
Street Suffix: Road
Structure Type: Up/Down
Annual Taxes: 6532
Water Source: Connected,Public
Year Built: 1930
Zoning: RL9
Address: 401 Old River Road
City:
State/County:
Zip: 02838
Country: US
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Other Features
Attic,Attic Storage,Cedar Closet,Stairs
Balcony
Deck
Dishwasher
Dryer
Exhaust Fan
Gas Water Heater
Has Garage
Has Heating System
Insulation: Unknown
Open Parking
Oven/Range
Plumbing: Mixed
Porch
Property Attached
Refrigerator
Walls: Dry Wall,Plaster,Wood
Washer
$ 3,255.22
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,567.72
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DISCLAIMER TEXT: 401 Old River Road | 93681 : IDX information is provided exclusively 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 is deemed reliable but is not guaranteed. © 2024 State-Wide Multiple Listing Service. All rights reserved.

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