$320,000
$299,000
7.0%For more information regarding the value of a property, please contact us for a free consultation.
68 Summer ST Lincoln, RI 02838
7 Beds
2 Baths
2,250 SqFt
Key Details
Sold Price $320,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,250 sqft
Price per Sqft $142
MLS Listing ID 1322969
Sold Date 12/05/22
Bedrooms 7
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 2,250
Year Built 1890
Annual Tax Amount $5,218
Tax Year 2021
Lot Size 5,227 Sqft
Acres 0.12
Property Description
Suitable for both investors and owner occupants, 68 Summer Street offers large units, many updates, and is convenient to many amenities and highway access. Gross potential rents meet or exceed the 1% rule to make any investor happy or move right into the vacant second floor if you are an owner occupant. Space is abundant with 3 and 4 bedroom floor plans, a massive basement with possible expansion opportunity and exterior storage options with a carport and shed already in place. The second floor is move in ready, needing only your personal touches. The most affordable multifamily in Lincoln is ready for its next owner!
Location
State RI
County Providence
Rooms
Basement Exterior Entry, Full, Interior Entry, Unfinished
Interior
Heating Baseboard, Electric, Oil
Cooling None
Flooring Laminate, Other, Vinyl
Fireplace No
Appliance Water Heater
Exterior
Parking Features Detached
Total Parking Spaces 3
Garage No
Building
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 68SUMMERSTLINC
Financing FHA,VA
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Bought with Coldwell Banker Realty