156 Lincoln Avenue
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$780,000

156 Lincoln Avenue
Central Falls, RI 02863
Listed by Franshelly Tejeda
Bedrooms
13
Bathrooms
4
Living area
N/A
Year built
1920

About this home

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.

Property details

MLS #
1410078
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
124
On market date
April 15, 2026
Stories
4
Garage spaces
2
Lot size
0.09 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

ElementaryCharter
The Learning Community
0.22 mi away · Grades 0-8
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
579
Student:teacher ratio
12.6:1
District
Learning Community
Middle
Calcutt Middle School
0.11 mi away · Grades 5-8
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
729
Student:teacher ratio
17.0:1
District
Central Falls
High
Central Falls Sr High
0.34 mi away · Grades 9-12
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
804
Student:teacher ratio
17.1:1
District
Central Falls

Mortgage calculator

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Est. monthly payment
$4,847/mo
$156,000 down
$624,000 loan
Principal & interest$4,047
Property tax (est.)$650
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 5 days ago.

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.