Well-maintained 3-family property offering a strong investment opportunity in desirable Lincoln. The building features three 2-bedroom units, providing consistent rental demand and a well-balanced unit mix. The first and third-floor units have been updated, while the remaining unit offers value-add potential for future improvement. The property is fully rented, delivering immediate income with additional upside through continued updates and rental growth. 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.
Sold for $549,900
$549,900
37 Central St, Lincoln, RI 02838
6beds
3,312sqft
Multi Family
Built in 1900
-- sqft lot
$547,900 Zestimate®
$166/sqft
$2,400 Estimated rent
Home value
$547,900
$521,000 - $575,000
$2,400/mo
Zestimate® history
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$3,481/mo
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Common parking area
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#: 1408391
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Bath w Tub & Shower
Heating
- Natural Gas, Baseboard, Space Heater
Cooling
- Wall Unit(s), Window Unit(s)
Appliances
- Included: Gas Water Heater, Oven/Range, Refrigerator
Features
- Wall (Dry Wall), Wall (Plaster), Plumbing (Mixed), Insulation (Ceiling), Insulation (Walls)
- Flooring: Ceramic Tile, Vinyl, Carpet
- Basement: Full,Interior and Exterior,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 4,764
- Total interior livable area: 3,312 sqft
Property
Parking
- Total spaces: 2
- Parking features: No Garage
Features
- Stories: 3
Lot
- Size: 4,791 sqft
Details
- Parcel number: LINCM37L0730U
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Plaster, 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 & neighborhood
Community
- Community features: Near Public Transport, Commuter Bus, Highway Access, Interstate, Restaurants, Schools, Near Shopping
Location
- Region: Lincoln
HOA & financial
Other financial information
- Total actual rent: 3878
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Sold | $549,900$166/sqft |
Source:  StateWide MLS RI #1408391 Report a problem | ||
| 4/13/2026 | Pending sale | $549,900$166/sqft |
Source: StateWide MLS RI #1408391 Report a problem | ||
| 3/27/2026 | Listed for sale | $549,900+83.3%$166/sqft |
Source: StateWide MLS RI #1408391 Report a problem | ||
| 12/3/2021 | Sold | $300,000-7.7%$91/sqft |
Source: Public Record Report a problem | ||
| 11/2/2021 | Pending sale | $325,000-11%$98/sqft |
Source: StateWide MLS RI #1285973 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/17/2020 | Sold | $365,000+76.3%$110/sqft |
Source: Agent Provided Report a problem | ||
| 7/1/2020 | Sold | $207,000-69.3%$63/sqft |
Source: StateWide MLS RI #1255994 Report a problem | ||
| 2/25/2018 | Listing removed | $950 |
Source: Owner Report a problem | ||
| 12/12/2017 | Listed for rent | $950 |
Source: Owner Report a problem | ||
| 10/29/2017 | Listing removed | $950 |
Source: Owner Report a problem | ||
| 9/29/2017 | Listed for rent | $950 |
Source: Owner Report a problem | ||
| 10/5/2005 | Sold | $675,000$204/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,438 +14.5% | $476,200 +46.9% |
| 2024 | $5,625 +5.2% | $324,200 |
| 2023 | $5,346 +0.2% | $324,200 |
| 2022 | $5,333 +4.3% | $324,200 +28.7% |
| 2021 | $5,111 +0.7% | $251,900 |
| 2020 | $5,073 +22.9% | $251,900 +36.4% |
| 2018 | $4,128 +2.1% | $184,700 |
| 2017 | $4,045 -0.7% | $184,700 -2.1% |
| 2016 | $4,074 +25.7% | $188,600 +36.9% |
| 2015 | $3,242 -0.2% | $137,800 |
| 2014 | $3,248 +0.3% | $137,800 |
| 2013 | $3,237 -20.2% | $137,800 +635.7% |
| 2012 | $4,055 | $18,730 -90% |
| 2011 | $4,055 | $187,300 |
| 2010 | $4,055 -20.5% | $187,300 -35.6% |
| 2009 | $5,102 -52.8% | $290,900 -54.6% |
| 2008 | $10,815 +15.1% | $640,700 +32.8% |
| 2006 | $9,400 | $482,300 |
Find assessor info on the county website
Neighborhood: Manville
Nearby schools
GreatSchools rating
- 5/10Northern Lincoln ElementaryGrades: PK-5Distance: 0.5 mi
- 7/10Lincoln Middle SchoolGrades: 6-8Distance: 4.1 mi
- 9/10Lincoln Senior High SchoolGrades: 9-12Distance: 2.5 mi
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Estimated market value
$547,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$547,900
- Rhode Island
- Providence County
- Lincoln
- 02838
- Manville
- 37 Central St
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Nearby neighborhoods
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