31 Arnold Street, Lincoln RI 02865

$729,000

31 Arnold Street, Lincoln, RI 02865

bedrooms

bathrooms

square feet

3,128

Acreage

0.19

Open Houses

year built

1885

Full Baths

Half Baths

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This income-generating 3-unit property is a fantastic investment, offering strong rental potential with appealing amenities in the desirable Lonsdale area of Lincoln. Featuring a young roof, on-site laundry and storage, off-street parking with a 3-car garage, and a backyard with a shed, this property is designed for both owner-occupants and investors looking for steady cash flow. First floor: Spacious 4 bedroom, 1.5 bath layout featuring a comfortable living room with hardwood floors and a large eat-in kitchen - ideal for families or long-term tenants. Second floor: 3 bedroom, 1 bath unit with a living room, separate dining room, and a kitchen with vaulted ceilings, adding charm and character. Third floor: Cozy 1 bedroom, 1 bath unit with an open living space and kitchen, perfect for a single occupant or couple. Each unit operates on its own heating system, ensuring tenant convenience and separate utility control. Three rentable units provide steady cash flow and help offset mortgage costs. Or if you prefer, live in one unit while renting out the others to reduce your housing costs. Don’t miss this opportunity to invest in a desirable neighborhood.

Location
Subdivision	Lonsdale
County	Providence
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 1379644

Listing agent: Michael Harrison

Listing broker: Williams And Stuart Real Estate (401) 942-0200

Copyright © 2025 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Thursday, March 13 2025 at 5:25 p.m. EDT

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