$780,000
 $4,187 est/mo Sourced by Back At You

156 Lincoln Avenue,Central Falls, RI 02863

Central Falls, RI 02863

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Description

This massive, fully rented legal 4-family offers a turnkey investment opportunity with a total of 13 bedrooms and significant income potential. The property features a versatile unit mix (ranging from 2 to 4 bedrooms), a detached 2-car garage for extra revenue, and ample off-street parking. Maintained for longevity, the building is up to fire code and boasts a newer roof, replacement windows, vinyl siding, and classic porches. Additionally, the basement provides extra finished space with two rooms and two full bathrooms, offering rare flexibility for a high-density asset.

Details

MLS #1410078
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1920
Days On Site195
Listing Provided ByCameron Prestige, Llc | Franshelly Tejeda

Features

Bed(s)13
Bath(s) 4 Total
SQ Feet5,970
Garage2
BasementY
Story(s)4
Units4
Building(s)1
ZoningR-3
Acreage0.09

Interior

Rooms Total25
HeatingElectric, Natural Gas, Baseboard
Heating Yes / NoYes
CoolingNone
Cooling Yes / NoNo
AppliancesGas Water Heater
Fireplaces Total0
Laundry FeaturesOff Site

Exterior

Foundation DetailsBrick/Mortar
Construction MaterialsVinyl Siding

Parking

Attached Garage Yes / NoNo
Garage Yes / NoYes
Parking FeaturesDetached

Utilities

SewerPublic
Electric100 Amp Service

Taxes

Tax Annual Amount7515
Tax Assessed Value568900
Tax Lot293
Tax Year2025

Area Information

StateRI
CountyProvidence
CityCentral Falls
Zip Code02863
AreaProvidence
Listing VS Median (in 02863)
Price:
$780,000
low | high
Med:
$492,500
86.858974358974% of Average
sqft:
5,970
low | high
Med:
2,124
100% of Average
$ / sqft:
$131
low | high
Med:
$237
31.251265195944% of Average
On site:
195
low | high
Med:
37
100% of Average
Sourced by Back At You

Market Activity 02863

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Learn More About This Property

StateRI
CountyProvidence
CityCentral Falls
Zip Code02863
AreaProvidence
Listing VS Median (in 02863)
Price:
$780,000
low | high
Med:
$492,500
86.858974358974% of Average
sqft:
5,970
low | high
Med:
2,124
100% of Average
$ / sqft:
$131
low | high
Med:
$237
31.251265195944% of Average
On site:
195
low | high
Med:
37
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $585K - $975K
sqft: 4,000 - 7,000
Nearby Listings Property ImageNearby Listings Details
142 Lincoln Avenue Property Photo 1
$679,700
142 Lincoln Avenue
Central Falls, RI 02863
Listing Updated: October 15, 2026 at 8:08:15 PM PDT