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Two-Family Residential Income Property

105 Winter Street Lincoln, RI 02838

105 Winter Street, Lincoln, RI, 02838
$629,000
For Sale
Claim this Listing
$629,000

Solid two-family home with separate utilities and spacious owners’ unit vaulted ceilings, offering rental income potential.

Property Size2,760 SF
Price / SF$227.90
AddedJun 25
Days on Market21
Last RefreshJul 8 at 4:55 am

Property Features for 105 Winter Street

General Information

Standard status
Active
Size
2,760 SF
Property subtype
Multi-family

Building Details

Year Built
1900

Listing office Real Broker,LLC

Listing date Jun 25, 2026

Source Residentialproperties

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Real Broker,LLC


Investment Insights

Based on property information with market context.

This solid two-family residence provides a total of 4 bedrooms and 2 bathrooms across 2,760 square feet. The home was built in 1900 and includes a large owners’ unit featuring vaulted ceilings. Separate utilities are available, which can simplify day-to-day operations and tenant management within the two-unit setup.

The property is located at 105 Winter Street in Lincoln, Rhode Island, with easy access to Routes 295 and 146. That connectivity can be practical for occupants who need straightforward commuting options.

The layout can fit both investors seeking rental income and owner-occupants looking to offset their mortgage with tenant rent. With separate utilities and a distinct owners’ unit configuration, the property supports a straightforward live-in-and-rent model while maintaining operational separation between units.

Key Highlights

  • Two‑family home built in 1900 in Manville, Lincoln, RI
  • 4 bedrooms and 2 bathrooms total across 2,760 SF
  • Large owner’s unit features vaulted ceilings

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $70.2k $25.44
− Vacancy −$4.6k −$1.65
EGI $65.7k $23.79
− OpEx −$19.7k −$7.14
NOI $46.0k $16.65
2,760 SF · lease $25.44/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$656.5K
$574.4K – $765.9K (±1% cap)
NOI $45,955 @ 7.0% cap · market cap 7.31%
Second Best
Apartment 5plus
$521.0K
$455.9K – $607.9K (±1% cap)
NOI $36,472 @ 7.0% cap · market cap 5.80%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Kitchen & Bath Showroom Electrical Service HVAC Service Skin Care Clinic Bakery Auto Parts Store (Bike/Boat/Book/etc) Store Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Solid two-family home with separate utilities and spacious owners’ unit vaulted ceilings, offering rental income potential.
Where is this duplex located?
The property is located at 105 Winter Street Lincoln, RI.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: Two‑family home built in 1900 in Manville, Lincoln, RI; 4 bedrooms and 2 bathrooms total across 2,760 SF; Large owner’s unit features vaulted ceilings
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