87 Division Street

Lincoln, RI 02838

$659,000
Price
7
Beds
3
Baths
1
1/2 Bath
3,470 Sq. Ft.
$190 / Sq. Ft.
3,470
Sq. Ft.
$190
per Sq. Ft.

Description

Two homes merged on a corner lot adds up to one extraordinary three-family home. Though combined more than 50 years ago, the property retains 2 street addresses (74 Prospect and 87 Division Street). The property has been impeccably maintained and extensively updated through the years. Fully occupied with month-to-month tenants, unit 1 is a first-floor 2 bed unit. unit 2 is a first-floor 3 bed unit. On the second floor is unit 3, an expansive 2-bed, 1.5 bath unit that occupies both 2nd floor spaces...Two homes merged on a corner lot adds up to one extraordinary three-family home. Though combined more than 50 years ago, the property retains 2 street addresses (74 Prospect and 87 Division Street). The property has been impeccably maintained and extensively updated through the years. Fully occupied with month-to-month tenants, unit 1 is a first-floor 2 bed unit. unit 2 is a first-floor 3 bed unit. On the second floor is unit 3, an expansive 2-bed, 1.5 bath unit that occupies both 2nd floor spaces of the conjoined homes. In addition to an open floor plan, this unit's unique features include front and side porches, along with access to a walk-up finished attic room with cedar closet. All units have laundry within the apartments. State-of-the-art wireless fire alarm system, 2-car garage with openers, spacious private side yard. Weil McLain Gold oil boiler and Amtrol Boiler Mate for entire house. Each unit has individual electric.
  1. Listed by Scott Bean • Link Real Estate
    P: 401-359-2459 scott@thelinkagency.com

Property Details for 87 Division Street

Subdivision Name
Manville

Location

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LISTING UPDATED: 04/28/2024 01:00 AM

Property Details for 87 Division Street

StatusPending
MLS #1356707
Days on Market10
Taxes$7,336 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1880
Lot Size0.24 AC / 10,454 SF
CountyProvidence County

Location

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Building Information for 87 Division Street

Stories2Residences3Year Built1880Building Size-Lot Size0.24 AC / 10,454 SF

Payment Calculator

$4,208 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,596

Property Taxes

$611

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 87 Division Street

Summary
Location and General Information
  • City: Lincoln
  • Community Features: Highway Access, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
  • Postal City: Lincoln
  • Postal Code: 02865
  • State Or Province: RI
  • Human Modified Y N: No
Parking
  • Attached Garage Y N: No
  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage Y N: Yes
  • Parking Features: Detached, Garage
  • Parking Total: 6
Taxes and HOA Information
  • Association Fee: $.00
  • Association Fee Frequency: Annually
  • Tax Annual Amount: $7,336.00
  • Tax Assessed Value: 444900
  • Tax Block: 017
  • Tax Lot: 0
  • Tax Year: 2023
Property
Lot Information
  • Above Grade Fin SQFT: 3470.0
  • Building Area Total: 3470.0
  • Living Area Source: Public Records
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.24
  • Lot Size Area: 10454.0
  • Lot Size Square Feet: 10454.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 87DIVISIONSTLINC
  • Stories Total: 2
  • Structure Type: Apartment
Property and Assessments
  • Business Type: Other
  • New Construction Y N: No
  • Number Of Units Total: 3
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community Y N: No
  • Year Built: 1880
  • C L I P: 4,284,702,678
Utilities
  • Electric: Item100Amp Service, Circuit Breakers, Fuses
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Combination
Interior Features
  • Appliances: Common Water Heater
  • Basement: Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 7
  • Cooling: None
  • Cooling Y N: No
  • Door Features: Storm Doors
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Carpet, Laminate, Vinyl
  • Heating: Baseboard, Oil
  • Heating Y N: Yes
  • Interior Features: Attic, Bathtub, Cedar Closets, Permanent Attic Stairs
  • Laundry Features: In Unit
  • Patio And Porch Features: Porch
  • Rooms Total: 15
  • Window Features: Thermal Windows
Multi Family
Income & Expenses Information
  • Operating Expense: $15,589.00
Unit 1 Information
  • Actual Rent: $2,400.00
  • Description: ends 6/24
  • Unit Type Area: 1735.0
  • Baths Total: 2
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 1
Unit 2 Information
  • Actual Rent: $1,400.00
  • Description: ends 12/31/24
  • Unit Type Area: 961.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $1,200.00
  • Description: month to month
  • Unit Type Area: 672.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 87 Division Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 87 Division Street

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.

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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 Link 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.