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Multi Family at 124 Lincoln Street, Woonsocket
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$599,000

124 Lincoln Street
Woonsocket, RI 02895
Listed by Kimberly Marion
Bedrooms
6
Bathrooms
3
Living area
N/A
Year built
1920

About this home

Updated and ready for its next owner, 124 Lincoln Street is a legal three-family offering an excellent opportunity for both owner-occupants and investors. Live in one unit while rental income helps offset your mortgage, or add a well-cared-for multi-family property to your investment portfolio. The seller has completed significant improvements throughout the property, including brand-new Navien on-demand heating systems serving Units 2 and 3. Unit 1 also offers central air conditioning. Units 2 & 3 are vacant following the improvements, giving the next owner the flexibility to select their own tenants or occupy one of the units. Off-street parking and a private backyard add everyday convenience and outdoor space for residents. Centrally located in Woonsocket’s Globe District, the property provides easy access to shopping, dining, public transportation, and commuter routes. With major improvements already completed and two units ready for occupancy, 124 Lincoln Street offers a turnkey opportunity to make multi-family ownership work for you.

Property details

MLS #
1422736
Property type
Multi Family
Subdivision
Globe District
Status
Active
Days on market
11
On market date
September 8, 2026
Stories
3
Total bathrooms
3
Garage spaces
N/A
Parking spaces
4
Lot size
0.12 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Kevin K. Coleman School
0.4 mi away · Grades 0-5
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
247
Student:teacher ratio
13.7:1
District
Woonsocket
MiddleCharter
Founders Academy
0.77 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
160
Student:teacher ratio
13.3:1
District
Beacon Charter School
HighCharter
BEACON Charter School
0.71 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
217
Student:teacher ratio
13.6:1
District
Beacon Charter School

Walkability

Blended score for Woonsocket's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

86
Highly walkable
out of 100
EPA National Walkability Index
15.3 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores14
Parks16
Schools11
Transit stops20
Pharmacies2

Market position

How this listing compares to current activity in Woonsocket, from live MLS data.

On the market 11 days -- 51 fewer days than Woonsocket's current average of 62 days.
For reference, the median list price across 371 active listings in Woonsocket right now is $419,000.

Mortgage calculator

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

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$3,757/mo
$119,800 down
$479,200 loan
Principal & interest$3,108
Property tax (est.)$499
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 11 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.