71 South Street, Lincoln, RI 02865
Local realty services provided by:ERA Key Realty Services
71 South Street,Lincoln, RI 02865
$564,900
- 5 Beds
- 2 Baths
- 3,504 sq. ft.
- Multi-family
- Pending
Listed by: tito ramirez
Office: better living real estate, llc.
MLS#:1409731
Source:RI_STATEWIDE
Price summary
- Price:$564,900
- Price per sq. ft.:$161.22
About this home
This well-maintained Gable-Front two-family in desirable Lincoln, RI offers a versatile layout ideal for both investors and owner-occupants. A new roof (2022) and updated appliances provide peace of mind and added value. The first-floor unit features 2 bedrooms, a full bath, an eat-in kitchen, and a comfortable living room, currently tenant-occupied with an active lease - perfect for immediate rental income. The upper unit delivers a multi-level living layout across the second and third floors. The second level includes 2 bedrooms, a full bath, kitchen, and living room, while the heated and finished third floor - accessed by an interior staircase - functions as a true extension of the unit. Ideal as a 3rd bedroom, primary suite, guest space, or home office, this flexible layout offers the kind of multi-level living rarely found in multi-family properties. This unique configuration appeals to today's buyers seeking additional space to live and work, while also enhancing long-term rental potential. Owner-occupants may benefit from Lincoln's 35% Homestead Tax Exemption, helping to significantly reduce monthly carrying costs....
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Home facts
- Year built:1900
- Listing ID #:1409731
- Added:29 day(s) ago
- Updated:May 14, 2026 at 07:25 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:11
- Flooring:Carpet, Ceramic Tile, Laminate
- Bathrooms Description:Tub Shower
- Basement:Yes
- Basement Description:Full, Interior Entry, Unfinished
- Living area:3,504 sq. ft.
Heating and cooling
- Heating:Gas, Hot Water
Structure and exterior
- Year built:1900
- Building area:3,504 sq. ft.
- Lot area:0.11 Acres
- Construction Materials:Aluminum Siding, Drywall
- Foundation Description:Concrete Perimeter
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$564,900
- Price per sq. ft.:$161.22
- Tax amount:$3,576 (2025)
Features and amenities
- Laundry features:Common Area
- Amenities:Water Heater
Parking
- Total parking spaces:4
- Parking description:No Garage
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