Two-Family Home with Separate
105 Winter Street Lincoln, RI 02838
For Sale
$629,000
Pending
Two-unit residence totaling 4 bedrooms and 2 bathrooms across 2,760 square feet, built in 1900.
Property Size2,760 SF
Days on Market26
Property Features for 105 Winter Street
General Information
- Standard status
- Pending
- Size
- 2,760 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1900
Listing Agency:
Real Broker, LLC
(855) 450-0442
Listed By:
Brendan Duckworth
Source:
Lockandkeyre
Added: Jul 1
Changed: Jul 24
Last Checked: Jul 26 at 2:10PM
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 home includes a total of 4 bedrooms and 2 bathrooms across 2,760 square feet. Built in 1900, the property features a large owner’s unit with vaulted ceilings and separate utilities for the two units.
The home is located in Manville (Lincoln), Rhode Island, with easy access to Routes 295 and 146.
With two distinct living units and independent utilities, the layout supports a mix of owner-occupant and rental use.
The home is located in Manville (Lincoln), Rhode Island, with easy access to Routes 295 and 146.
With two distinct living units and independent utilities, the layout supports a mix of owner-occupant and rental use.
Key Highlights
- Solid 2‑family residence with 4 bedrooms and 2 bathrooms total
- Total living area of 2,760 sq ft across two units
- Built in 1900 with an owner’s unit featuring vaulted ceilings
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
NOI $45,955 @ 7.0% cap · market cap 7.31%
Second Best
Apartment 5plus
$521.0K
$455.9K – $607.9K
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
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-unit residence totaling 4 bedrooms and 2 bathrooms across 2,760 square feet, built in 1900.
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: Solid 2‑family residence with 4 bedrooms and 2 bathrooms total; Total living area of 2,760 sq ft across two units; Built in 1900 with an owner’s unit featuring vaulted ceilings
