401 Old River Road, Lincoln, Residential Income

$ 550,000
401 Old River Road,
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Overview

  • Updated On:
  • October 28, 2024
  • 7 Bedrooms
  • 2 Bathrooms

Description

Welcome to this inviting two-family property, ideal for owner-occupants and investors alike. The first-floor apartment is vacant and move-in ready, offering immediate potential for personal use or rental income, while the second floor is currently rented at market rate, ensuring immediate cash flow, the second unit also has the Lead Conformance Certificate in place, offering peace of mind and legal compliance right off the bat for savvy buyers. Both units are meticulously maintained, featuring three spacious bedrooms in Unit 1 and four bedrooms in Unit 2. The interiors boast refinished hardwood floors, fresh paint, and stylish wood-stained finishes that reduce lead-based paint concerns. The first floor charms with a unique kitchen featuring a vaulted ceiling and access to a private balcony, perfect for enjoying outdoor moments. Located in a sought-after school district, just steps from a local park, and within a 15-minute drive to Providence, this property combines convenience with a desirable neighborhood feel. Don’t miss the opportunity to invest in a well-maintained, income-producing home with standout features and an ideal location.

Address: 401 Old River Road
City:
State/County:
Zip: 02838
Country: US
Open In Google Maps
Property Id : 475009
Price: $ 550,000
Property Lot Size: 0 ft2
Rooms: 14
Bedrooms: 7
Bathrooms: 2
Basement: Full,Interior Only,Unfinished,Storage Space,Utility
Bathrooms Half: 0
Bathrooms Total Decimal: 2
Bridge Modification Timestamp: 2024-10-28T17:30:43.441Z
Building Area Total: 2578
Community Features: Bus,Commuter Bus,Golf,Highway Access,Hospital,Interstate,Private School,Public School,Recreational Facilities,Restaurants,Schools,Shopping
Construction Materials: Dry Wall,Plaster,Wood Wall(s),Vinyl Siding
Contract Status Change Date: 2024-10-28
Cooling: None
Covered Spaces: 1
Electric: 100 Amp Service,Circuit Breakers
Fireplace Features: None
Fireplaces Total: 0
Flooring: Ceramic Tile,Hardwood
Foundation Area: 1225
Foundation Details: Concrete Perimeter
Garage Spaces: 1
Heating: Natural Gas,Forced Water
Laundry Features: In Building
List Agent Direct Phone: 401-559-7674
List Agent Email: jesslpowers84@gmail.com
List Agent Full Name: Jess Powers
Listing Contract Date: 2024-10-28
Listing Id: 1371341
Living Area Source: Public Records
Living Area Units: Square Feet
Lot Features: Paved Driveway,Sidewalks
Lot Size Area: 8712
Lot Size Square Feet: 8712
Lot Size Units: Square Feet
Mls Status: Active
Modification Timestamp: 2024-10-28T17:28:30.237Z
Number Of Buildings: 1
Number of Units Total: 2
Original Entry Timestamp: 2024-10-28T16:35:15.447Z
Original List Price: 550000
Other Equipment: Cable TV
Parking Features: Detached
Parking Total: 4
Patio and Porch Features: Deck,Porch
Room Bathroom Features: Bath w Tub & Shower
Sewer: Connected,Public
State or Province: RI
Status Change Timestamp: 2024-10-28T16:35:15.447Z
Stories: 2
Street Name: Old River
Street Number: 401
Street Suffix: Road
Structure Type: Up/Down
Tax Annual Amount: 6532
Tax Year: 2024
Water Source: Connected,Public
Year Built: 1930
Zoning: RL9
Outdoor Details
balcony
Other Features
Attic,Attic Storage,Cedar Closet,Stairs
Deck
Dishwasher
Dryer
Exhaust Fan
Gas Water Heater
Has Garage
Has Heating System
Insulation: Unknown
Open Parking
Oven/Range
Plumbing: Mixed
Porch
Property Attached
Refrigerator
Walls: Dry Wall,Plaster,Wood
Washer
$ 2,132.46
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,132.46

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Alyse Antone Smyth, Esq.