MLS® ID: 1222127

44 Division Street

Lincoln, Rhode Island, 02838

$1,250,000 Active
  • - SQFT
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.
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Listing courtesy of The Mello Group, Inc.

Amenities

  • Full baths
    0
  • Zip
    02838
  • Office name
    The Mello Group, Inc.
  • SQFT
    0
  • Bedrooms
    0
  • Zoning type
    RG7
  • Year built
    1880
  • Tax year
    0
  • Agent name
    Evan Galkin
  • Tax amount
    $ 11029.0
  • Purchase Type
    Active
  • Price Range
    $1m-$1.25m
  • Square Feet Range
    < 1000 sq ft.
  • Year Built Range
    1989 (and earlier)

Location

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