408 Old River Road

Lincoln, RI 02838

$430,000
Last Sold Price
5
Beds
3
Baths
3,806 Sq. Ft.
$113 / Sq. Ft.
3,806
Sq. Ft.
$113
per Sq. Ft.

Description

Excellent opportunity for owner-occupied or investment. 3 unit home with all mechanicals up-to-date. Two 2 bed units and one 1 bed unit. All separate utilities. 3 heating systems. Each unit has it's own washer/dryer and are fully applianced. Building is fire coded. Rents indicated are below market and can be increased. Leases are currently month-to-month except for top unit. Natural gas.. Town water.. Town sewer. Plenty of parking. Nice open backyard. Vinyl sided for easy maintenance. One bedroom...Excellent opportunity for owner-occupied or investment. 3 unit home with all mechanicals up-to-date. Two 2 bed units and one 1 bed unit. All separate utilities. 3 heating systems. Each unit has it's own washer/dryer and are fully applianced. Building is fire coded. Rents indicated are below market and can be increased. Leases are currently month-to-month except for top unit. Natural gas.. Town water.. Town sewer. Plenty of parking. Nice open backyard. Vinyl sided for easy maintenance. One bedroom unit in basement level (unit 1) includes heat only. Both 2 bed units (main level--unit and top level... All utilities paid by tenants). Fabulous location.. Minutes to all major hi-ways.. E-z commute to massachusetts. Near malls.. Schools.. Restaurants and bike path.
  1. Listed by Lisa LaMontagne-Beausoleil • LaMontagne Real Estate

Property Details for 408 Old River Road

Subdivision Name
MANVILLE

Location

Listing Courtesy of LaMontagne Real Estate

Sold By RE/MAX 1st Choice

Add your commute
LISTING UPDATED: 10/22/2021 10:28 AM

Property Details for 408 Old River Road

StatusClosed
MLS #1277440
Days on Market164
Taxes$7,417 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1970
Lot Size0.37 AC / 16,117 SF
CountyProvidence County

Location

Listing Courtesy of LaMontagne Real Estate

Sold By RE/MAX 1st Choice

Add your commute

Building Information for 408 Old River Road

Stories2Residences3Year Built1970Building Size-Lot Size0.37 AC / 16,117 SF

Payment Calculator

$2,965 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,347

Property Taxes

$618

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 408 Old River Road

Summary
Location and General Information
  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Postal City: Lincoln
  • Zoning: RES
  • County: Providence
  • City: Lincoln
Parking
  • Covered Spaces: 0
  • Garage: No
  • Garage Spaces: 0
  • Parking Features: No Garage
  • Parking Total: 6
Taxes and HOA Information
  • Tax Annual Amount: $7,417.00
  • Tax Assessed Value: 368300
  • Tax Lot: 109
  • Tax Year: 2020
Virtual Tour
Property
Lot Information
  • Lot Features: Wooded
  • Lot Size Acres: 0.37
  • Lot Size Area: 16117.0
  • Lot Size Square Feet: 16117.0
  • Lot Size Units: Square Feet
  • Building Area Total: 3,806.00
  • Parcel Number: 408OLDRIVERRDLINC
  • Living Area Source: Public Records
Property and Assessments
  • Senior Community: No
  • Construction Materials: Plaster, Vinyl Siding
  • New Construction: No
  • Number Of Buildings: 1
  • Number Of Units Total: 3
  • Property Sub Type: Multi Family
  • Stories Total: 2
  • Year Built: 1970
  • Frontage Length: 120
  • Property Type: Residential Income
Utilities
  • Cooling: None
  • Cooling: No
  • Electric: 100 Amp Service, Circuit Breakers
  • Heating: Baseboard, Forced Air, Gas
  • Heating: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected
Interior and Exterior Features
Exterior Features
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter
Interior Features
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Basement: Full, Finished, Walk-Out Access
  • Basement: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 5
  • Fireplace Features: None
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Interior Features: Attic, Tub Shower
  • Laundry Features: In Unit
  • Other Equipment: Satellite Dish
  • Rooms Total: 16
MultiFamily
Income & Expenses
  • Operating Expense: $0
Unit 1
  • Unit Type Description 1: BRFBKITLAUN
  • Unit Type Actual Rent 1: $1,250.00
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 1
Unit 2
  • Unit Type Description 2: KITBRBRFBLR
  • Unit Type Actual Rent 2: $850.00
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 2
Unit 3
  • Unit Type Description 3: KITBRBRFBLR
  • Unit Type Actual Rent 3: $1,100.00
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 2
Rental Information
Rent Information
  • Land Lease: false
  • Tenant Pays: Hot Water

Property History for 408 Old River Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 408 Old River Road

Taxable ValueLand$138,600Additions$267,900Total$406,500
Tax Record2023$6,703 ($559 / month)
Home Facts
Baths3Total Finished SqFt2,420 SqFtAbove Grade Finished SqFt2,420 SqFtStories2Lot Size16,248 SqFtStyleMulti-Family Dwelling (2-4)Year Built1970ZoningRL9CountyPROVIDENCEAPNLINC M:39 L:109.0 U:

Schools near 408 Old River Road

This home is within Lincoln School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 1
Rating
School
Distance
Northern Lincoln Elementary
PublicPK to 5

Lincoln Middle School
Public6 to 8

Lincoln Senior High School
Public9 to 12

Northern Early Learning Center
PublicPK to 1

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LaMontagne Real Estate

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.