SOLD
$392,500
Date 11/04/2022

12 Spring Street
Lincoln, RI 02838

Multi-Family
Residential Income
8
Beds
2
Baths
+
2 Half
4,209
Sq. Ft.
0.19
Acre Lot
RILiving> Rhode Island> Lincoln> 02838
Nestled in the heart of Manville, RI, this clean townhouse-style duplex is the opportunity you've been waiting for! Offering two generous mirror-image units, this incredible investment yields innumerable options for both owner-occupants and investors alike. Each unit houses a large eat-in kitchen with massive pantry space, 1/2 bath on the first level, and generous living spaces including formal living rooms and den/office spaces. The second floor of each unit presents 4 bedrooms and 1 full bathroom. Unit 14 has laundry hookups on the main level while unit 12 has laundry hookups in the basement space. Each unit has access to the basement for storage and utilities, as well as semi-private backyard space with shrubs and walkways, off-street parking for up to four vehicles, and plenty of on-street parking for guests. Owner occupants benefit from Lincoln's generous homestead exemption and stand to generate enough income from the second unit to offset up to 50% or more of their mortgage obligations! Don't hesitate to schedule a showing and see for yourself the amazing potential 12 Spring Street has to offer!

Courtesy: Better Living Real Estate, LLC

1319255
Residential Income - Multi-Family, Other
8
2 Full/2 Half
1880
Providence
0.19 Acres
Vinyl Siding
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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