31 Arnold St, Lincoln, RI 02865

** OPEN HOUSE SCHEDULED FOR 3/22 @ 11AM HAS BEEN CANCELLED ** 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.