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Sold for $649,900
    • $649,900

    35 Central St, Lincoln, RI 02838

    9beds
    3,832sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $654,700 Zestimate®
    $170/sqft
    $2,226 Estimated rent

    Home value

    $654,700

    $596,000 - $720,000

    $2,226/mo

    Zestimate® history
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    $4,168/mo

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    What's special

    Side-by-side townhouse-style unitsCommon parking areaClassic double parlor layoutOversized apartment
    Fully remodeled 3-family property offering a rare turnkey investment opportunity in desirable Lincoln. This building was taken down to the studs in 2023 and completely renovated with all new electrical, plumbing, and modern finishes throughout. Each unit is well-appointed and the property is fully rented, providing immediate, stable income. All three units offer spacious 3-bedroom layouts. The first-floor unit is an oversized apartment featuring a classic double parlor layout, while the second and third floors are configured as side-by-side townhouse-style units, maximizing functionality and tenant appeal. This offering is part of a unique portfolio consisting of three separate 3-family properties (9 total units) that share a common parking area. Each property is individually deeded and being marketed separately; however, the seller is requiring a simultaneous closing for all three properties. Ideal for investors looking to scale with a package acquisition or coordinate a multi-buyer purchase.

    Zillow last checked:

    Listing updated:

    Listed by:

    David Zuller 401-447-8988,

    Westcott Properties

    Bought with:

    Christina Israel, REB.0019783

    REMAX Revolution

    Source: StateWide MLS RI,MLS#: 1408374MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 3
    • Full bathrooms: 3
    Bathroom
    • Features: Bath w Tub & Shower
    Heating
    • Natural Gas, Baseboard, Forced Water
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Gas Water Heater
    Features
    • Wall (Dry Wall), Plumbing (Copper), Plumbing (PEX), Plumbing (PVC), Insulation (Ceiling), Insulation (Walls)
    • Flooring: Ceramic Tile, Hardwood, Vinyl
    • Basement: Full,Interior Entry,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 5,518
    • Total interior livable area: 3,832 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: No Garage
    Features
    • Stories: 3
    Lot
    • Size: 3,484 Square Feet
    • Features: Paved
    Details
    • Parcel number: LINCM37L2810U
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Dry Wall, Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Municipal, Public
    • Utilities for property: Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Near Public Transport, Commuter Bus, Highway Access, Interstate, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping
    HOA
    • Has HOA: No
    Location
    • Region: Lincoln

    Financial & listing details

    • Price per square foot: $170/sqft
    • Tax assessed value: $438,800
    • Annual tax amount: $5,934
    • Date on market: 3/27/2026
    • Inclusions: There is a deed restriction in place to offer 1 unit of affordable housing. The same deed restriction is in place for each of the 3 units in the package. Because the current owner owns all 3, this building does not currently house an affordable unit as the monitoring agency allows a total of 3 units no matter which of the buildings these are housed in. Currently, all 3 affordable units are located in 37 Central St.
    • Total actual rent: 6600
    • Tenant pays: Heat

    Price history

    DateEventPrice
    7/1/2026Sold$649,900$170/sqft
    Source: StateWide MLS RI #1408374 Report a problem
    4/13/2026Pending sale$649,900$170/sqft
    Source: StateWide MLS RI #1408374 Report a problem
    3/27/2026Listed for sale$649,900+116.6%$170/sqft
    Source: StateWide MLS RI #1408374 Report a problem
    12/3/2021Sold$300,000-7.7%$78/sqft
    Source: Public Record Report a problem
    11/2/2021Pending sale$324,900+57%$85/sqft
    Source: StateWide MLS RI #1285970 Report a problem
    7/1/2020Sold$207,000$54/sqft
    Source: StateWide MLS RI #1255991 Report a problem
    2/27/2018Listing removed$975
    Source: Owner Report a problem
    12/12/2017Listed for rent$975
    Source: AG Property Management Report a problem
    10/29/2017Listing removed$975
    Source: A & G Property Management Report a problem
    9/29/2017Listed for rent$975+2.6%
    Source: AG Property Management Report a problem
    7/7/2017Listing removed$950
    Source: Zillow Rental Network Report a problem
    6/7/2017Listed for rent$950
    Source: Zillow Rental Network Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,933 +21.7%$438,800 +56.2%
    2024$4,874 -1.2%$280,900 -6.1%
    2023$4,931 +0.2%$299,000
    2022$4,919 +0.2%$299,000 +23.6%
    2021$4,910 +0.7%$242,000
    2020$4,874 +21.3%$242,000 +34.6%
    2018$4,019 +2.1%$179,800
    2017$3,938 -0.5%$179,800 -1.9%
    2016$3,957 +18.7%$183,200 +29.3%
    2015$3,334 -0.2%$141,700
    2014$3,340 +0.3%$141,700
    2013$3,329 -19.8%$141,700 +638.8%
    2012$4,152 $19,180 -90%
    2011$4,152 $191,800
    2010$4,152 -15.2%$191,800 -31.3%
    2009$4,897 -47.1%$279,200 -42.1%
    2005$9,251 $482,300
    Find assessor info on the county website

    Neighborhood: 02838

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    Estimated market value
    $654,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $654,700

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