Address
87 Division Street, Lincoln, RI
Price
$ 659,000
Property Attributes
  • MLS#1356707
  • TypePending
  • CountyPROVIDENCE
  • CityLincoln
  • NeighborhoodManville
  • Zip02865
  • StyleMultiFamily
  • Year Built1880
  • Taxes$ 7336
  • Price$ 659,000
  • Bedrooms7
  • Full Bathrooms3
  • Half Bathrooms1
  • Sqr Footage3470
  • Lot Size10,454 SqFt
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description

Two homes merged on a corner lot adds up to one extraordinary three-family home. Though combined more than 50 years ago, the property retains 2 street addresses (74 Prospect and 87 Division Street). The property has been impeccably maintained and extensively updated through the years. Fully occupied with month-to-month tenants, unit 1 is a first-floor 2 bed unit. unit 2 is a first-floor 3 bed unit. On the second floor is unit 3, an expansive 2-bed, 1.5 bath unit that occupies both 2nd floor spaces of the conjoined homes. In addition to an open floor plan, this unit's unique features include front and side porches, along with access to a walk-up finished attic room with cedar closet. All units have laundry within the apartments. State-of-the-art wireless fire alarm system, 2-car garage with openers, spacious private side yard. Weil McLain Gold oil boiler and Amtrol Boiler Mate for entire house. Each unit has individual electric.

Price History
4/13/2024 Listed $659,000

General Features

Interior Features Attic,Bathtub,CedarClosets,PermanentAtticStairs
Sewer Connected
Heating Baseboard,Oil
Cooling None
Utilities SewerConnected
Possession Negotiable
Appliances CommonWaterHeater
Exterior Features Porch,PavedDriveway
HOA 0.0
Garage Spaces 2.0
Patio/Porch Features Porch
Construction Materials Drywall,VinylSiding
Year Built 1880
Electric Item100AmpService,CircuitBreakers,Fuses
Property SubType MultiFamily
Tax Year 2023
Business Type Other
Community Features HighwayAccess,NearSchools,PublicTransportation,RecreationArea,Restaurant,Shopping
Assoc Fee Paid Per Annually
County Providence
Operating Expense 15589.0
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
Subdivision Name Manville
Garage Y/N Yes
Other Structures Outbuilding
Total Rooms 15
Status Pending
City Lincoln
Buyer Agent Compensation 2%
View Y/N No
Senior Community Y/N No
Total Units 3
Lot Size Square Feet 10454.0
Waterfront Y/N No
Carport Y/N No
Street Name Division
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 7336.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 10
Structure Type Apartment
Standard Status Pending
Tax Assessed Value 444900
MobileHomeRemainsYN No

Interior Features

Basement Full,InteriorEntry,Unfinished
Flooring Carpet,Laminate,Vinyl
Fireplace Features None
Total Stories 2
Basement (Y/N) Yes
Air Conditioning Y/N No
Heating Y/N Yes
Window Features ThermalWindows
Fireplace Y/N No
Above Grade Finished Area 3470.0
Full Baths 3
Half Baths 1
Street Suffix Street
Laundry Features InUnit
Total Bedrooms 7
Electric On Property Y/N No
LivingAreaSource PublicRecords
Total Baths 4

Exterior Features

Parking Features Detached,Garage
Lot Features CornerLot
Water Source Connected
Total Parking 6.0
Inclusions Long-term tenants' rents are currently all below market value. Unit 3's washer and dryer are owned by the tenant and not included in the sale
Lot Size Area 10454.0
Foundation Details Combination
Number of Buildings 1
Spa No
Building Area Total 3470.0
Lot Size Acres 0.24
Lot Size Units SquareFeet
Covered Spaces 2.0
Door Features StormDoors
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 02865

Price
AVG $530K
$660K
Taxes
AVG $4,986
$7,336
Visits
AVG 252
59
Data Provided by Inside Real Estate®
Year Built
AVG 1996
1880

Areas We Cover