Price Reduced 2.59%
Price History
$579,900
4/1/2026
$564,900
4/29/2026
71 South Street, Lincoln, RI, 02865
11 rooms
5 beds
2 Full baths
1900
Stacked
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.
Status:
Pending
Type:
Multi-family
Laundry Remarks:
Common Area
Units:
2
Garage:
No Garage
Heating:
Gas, Hot Water
Cooling:
None
Basement:
Full, Interior Entry, Unfinished
Parking:
4-car
Acreage:
0.11
Est. Taxes:
$3,576
Assessment
$406,800
Construction
Drywall,Aluminum Siding
Days on Market:
23
Appliances:
Water Heater
MLS #:
1409731
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Better Living Real Estate, LLC 781-821-0105