24 Arnold Street, Lincoln, RI 02865

Local realty services provided by:ERA Key Realty Services
24 Arnold Street,Lincoln, RI 02865
$639,900
  • 7 Beds
  • 3 Baths
  • 2,844 sq. ft.
  • Multi-family
  • Active
Listed by: amit anand
Office: equinox properties
MLS#:1404565
Source:RI_STATEWIDE

Price summary

  • Price:$639,900
  • Price per sq. ft.:$225

About this home

Great opportunity for owner occupant and investor alike. This income-generating 3-unit property offers strong rental potential in the desirable Lonsdale area of Lincoln. Great location: walking distance to Lincoln Shopping Center plaza, close to highways and Blackstone River Bike Path. Situated on an oversized lot featuring a spacious yard, off-street parking for six vehicles, and a detached two-car garage ideal for additional rental income, a workshop, or tenant storage. Updated heat & electric, brand new hot water tanks, updated gutters and brand-new driveway. Dry basement for laundry and storage. However, property interior is dated and needs updating. Earn sweat equity, live in one unit while updating the others. Two units are rented currently. Property does not pass FHA rental self sufficiency rule.

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Home facts

  • Year built:1877
  • Listing ID #:1404565
  • Added:45 day(s) ago
  • Updated:March 24, 2026 at 04:06 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:15
  • Flooring:Ceramic Tile, Hardwood, Laminate
  • Basement:Yes
  • Basement Description:Exterior Entry, Full, Interior Entry, Unfinished
  • Living area:2,844 sq. ft.

Heating and cooling

  • Heating:Baseboard, Gas

Structure and exterior

  • Year built:1877
  • Building area:2,844 sq. ft.
  • Lot area:0.25 Acres
  • Construction Materials:Clapboard

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$639,900
  • Price per sq. ft.:$225
  • Tax amount:$6,448 (2025)

Features and amenities

  • Amenities:Gas Water Heater, Storm Windows

Parking

  • Total parking spaces:8
  • Parking description:Detached, Garage
  • Garage:Yes
  • Garage spaces:2
MLS LogoThe data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than ERA Key Realty Services are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 State-Wide MLS, Inc. All rights reserved. Date Last Update: March 24, 2026