INNOVATE
Real Estate
No photos available for this listing

$1,500,000

144 145 Railroad Street
Lincoln, RI 02838
Listed by Kyle Seyboth
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1900

About this home

Investors take note! This income-generating 7 unit offers plenty of cashflow with updated market rent. Five units include 3 spacious bedrooms, dine-in kitchens and open living room area. One unit offers 2 bedrooms with the same layout and the last unit is a spacious studio. 6 of the 7 units have been completely renovated and offer access to a shared front balcony. Off-street parking for up to 10 cars (each unit has one parking spot) with plenty of street parking as well. Property is up to fire code and complete with new electrical, boilers, and hot water heaters. $9500/monthly income. Do not miss out on this fully-occupied opportunity. Schedule a showing today!

Property details

MLS #
1397712
Property type
Apartment,Commercial
Subdivision
N/A
Status
Active
Days on market
146
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
0.14 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Northern Lincoln Elem.
0.77 mi away · Grades -1-5
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
498
Student:teacher ratio
14.2:1
District
Lincoln
Middle
Woonsocket Middle at Hamlet
2.49 mi away · Grades 6-8
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
618
Student:teacher ratio
13.7:1
District
Woonsocket
High
Cumberland High School
1.55 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
1,479
Student:teacher ratio
14.0:1
District
Cumberland

Mortgage calculator

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Est. monthly payment
$9,183/mo
$300,000 down
$1,200,000 loan
Principal & interest$7,783
Property tax (est.)$1,250
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated March 10, 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.