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Sold for $510,000
  • $510,000

    255 Central St, Lincoln, RI 02838

    8beds
    3,428sqft
    Multi Family
    Built in 1968
    -- sqft lot
    $649,200 Zestimate®
    $149/sqft
    $2,457 Estimated rent

    Home value

    $649,200

    $617,000 - $682,000

    $2,457/mo

    Zestimate® history
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    What's special

    This lovely, well-maintained 3 family home is ready for it's new owners. Situated on a dead-end street in a lovely residential neighborhood on the outskirts of Manville in Lincoln, this home is just perfect for an owner occupant family, or as an investment opportunity. The first floor unit has recently been completely renovated and is currently vacant. The 2nd unit has been lovingly maintained as the current owners home, and the 3rd floor unit is in great condition with lovely light filled rooms and is currently on a month-to-month rental. All units have laundry hook-ups. There is a large fenced in backyard and 2 patio areas. The newly installed solar panels will be completely paid off at closing- helping with energy costs! This home is also in the award winning Lincoln school system. This property has a very strong rental history given it's residential location with easy highway access. There is also a deck which may require some paint/repairs. This sale is subject to the seller finding suitable housing. Showings are deferred until 2/21/2023.

    Zillow last checked: 7 hours ago

    Listing updated: April 17, 2023 at 04:49pm

    Listed by:

    Alicia Reynolds 401-835-2605,

    Residential Properties Ltd.

    Bought with:

    Beverly Chittim, RES.0028811

    Residential Properties Ltd.

    Source: StateWide MLS RI,MLS#: 1329854MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    • Full bathrooms: 3
    Bathroom
    • Features: Bath w Tub & Shower
    Heating
    • Electric, Oil, Solar, Central, Forced Water, Steam
    Cooling
    • Individual Unit
    Appliances
    • Included: Electric Water Heater, Range Hood, Oven/Range, Refrigerator
    • Laundry: In Unit
    Features
    • Wall (Dry Wall), Wall (Plaster), Plumbing (Mixed), Insulation (Walls)
    • Flooring: Hardwood, Carpet
    • Basement: Full,Interior and Exterior,Partially Finished,Bath/Stubbed,Kitchen,Laundry,Living Room,Office
    • Attic: Attic Storage
    • Number of fireplaces: 1
    • Fireplace features: Brick
    Interior area
    • Total structure area: 2,380
    • Total interior livable area: 3,428 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: No Garage
    Accessibility
    • Accessibility features: Complete Handicapped Fixtures, Low Pile Carpet, One Level
    Features
    • Stories: 3
    • Patio & porch: Patio, Porch, Screened
    Lot
    • Size: 0.23 sqft
    Details
    • Foundation area: 1092
    • Parcel number: LINCM38L0220U
    • Zoning: RL
    • Special conditions: Conventional/Market Value
    • Other equipment: Cable TV

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Dry Wall, Plaster, Clapboard, Wood
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1968

    Utilities & green energy

    • Electric: 100 Amp Service, In Fee, Individual Meter
    • Water: Municipal
    • Utilities for property: Sewer Connected, Water Connected
    Green energy
    • Energy generation: Solar

    Community & neighborhood

    Community
    • Community features: Highway Access, Hospital, Interstate, Private School, Public School, Schools, Near Shopping
    Location
    • Region: Lincoln
    • Subdivision: Manville

    HOA & financial

    HOA
    • Has HOA: No
    Other financial information
    • Total actual rent: 3000

    Price history

    DateEventPrice
    4/17/2023Sold$510,000+3.6%$149/sqft
    Source: StateWide MLS RI #1329854 Report a problem
    3/22/2023Pending sale$492,500$144/sqft
    Source: StateWide MLS RI #1329854 Report a problem
    2/23/2023Contingent$492,500$144/sqft
    Source: StateWide MLS RI #1329854 Report a problem
    2/15/2023Listed for sale$492,500+58.9%$144/sqft
    Source: StateWide MLS RI #1329854 Report a problem
    11/15/2006Sold$310,000$90/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,734 -0.8%$424,100 +27.3%
    2024$5,779 +5.2%$333,100
    2023$5,493 +0.3%$333,100

    Find assessor info on the county website

    Neighborhood: Manville

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $649,200
    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
    $649,200