Joseph A Laveglia
← INNOVATE Real Estate
Multi Family at 149 Front Street, Lincoln
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47 photos

$319,000

149 Front Street
Lincoln, RI 02865
Listed by The Realpro Group
Bedrooms
4
Bathrooms
2
Living area
N/A
Year built
1940

About this home

Amazing opportunity for an investor, contractor, or family looking to add value and gain instant equity in a highly desirable Lincoln location. This property is currently configured as a two-family with 2 bedrooms and 1 bathroom, plus additional attic space offering expansion potential. The home has been fully gutted, providing a clean slate for you to bring your vision to life and customize to your needs. Significant upfront work has already been completed, including survey, approved plans, engineering, and a letter from the town supporting conversion from a commercial office to a two-family. Conversion is contingent on pulling permits and completing required work per town approvals. Additional upside with an oversized one-car garage that offers potential for a future ADU (buyer to perform due diligence), along with ample off-street parking. Centrally located in a sought-after Lincoln neighborhood, just minutes to major highways, multiple exits, and Lincoln Woods State Park. A rare chance to create value, build equity, and maximize potential in a strong location.

Highlights

New construction

Property details

MLS #
1411539
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
31
On market date
May 1, 2026
Stories
3
Total bathrooms
2
Garage spaces
N/A
Parking spaces
2
Lot size
0.1722 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Lonsdale Elementary
0.52 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
281
Student:teacher ratio
15.6:1
District
Lincoln
MiddleCharter
Blackstone Valley Prep Jr High
1.08 mi away · Grades 7-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
283
Student:teacher ratio
9.8:1
District
Blackstone Valley Prep A RI Mayoral Academy
HighCharter
Blackstone Valley Prep High
0.73 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
403
Student:teacher ratio
12.6:1
District
Blackstone Valley Prep A RI Mayoral Academy

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$2,071/mo
$63,800 down
$255,200 loan
Principal & interest$1,655
Property tax (est.)$266
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated June 7, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.