Two-Family Home with Vaulted
For Sale
$629,000
Pending
105 Winter Street, Lincoln, RI 02838
Residential Income, Lincoln, RI
Property Size2,760 SF
Lot Size0.23 Acres
Days on Market97
Property Features for 105 Winter Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bathroom 1, Basement, Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 2
Parking
3
Interior features
Plumbing (Mixed), Insulation (Unknown)
Fireplace
1
Basement
Full, Unfinished, Storage Space
Appliances
Gas Water Heater
Subdivision
Manville
Standard status
Pending
Size
2,760 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7368
Utilities
Heating system
Natural Gas
Building Details
Year built
1900
Number of units
2
Flooring type
Hardwood, Tile - Ceramic
Building materials
Vinyl Siding
Listing Agency:
Real Broker, Llc
(855) 450-0442
Listed By:
Brendan Duckworth · License #RES.0035620
(401) 787-7128
Added: Jul 1
Changed: Sep 16
Last Checked: Oct 5 at 6:06PM
MLS# 1416794
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-family property contains 2,760 square feet with four bedrooms and two bathrooms in total. The larger owner's unit includes vaulted ceilings, while separate utilities support the two-unit layout. Interior finishes include hardwood and ceramic tile flooring, with natural-gas heating, a gas water heater, vinyl siding, and a fireplace. The home was built in 1900 and includes basement space.
Set on 0.23 acres at 105 Winter Street in Lincoln, Rhode Island, the property is near Routes 295 and 146. The R zoning designation and two-unit configuration support its residential income use, while the owner's unit provides an option for an occupant seeking an on-site residence alongside a second unit.
Set on 0.23 acres at 105 Winter Street in Lincoln, Rhode Island, the property is near Routes 295 and 146. The R zoning designation and two-unit configuration support its residential income use, while the owner's unit provides an option for an occupant seeking an on-site residence alongside a second unit.
Key Highlights
- Two‑family property with 2,760 square feet, 4 bedrooms, and 2 bathrooms total
- Larger owner's unit features vaulted ceilings
- Separate utilities serve the two‑unit layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,955
Cap Rate
7.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$919,100
$919.1K
Cap Rate 7%
$656,500
$656.5K
Cap Rate 9%
$510,611
$510.6K
Market Conditions
NOI Build-Up for 2,760 SF
Gross rent
$70.2K $25.44/SF
− Vacancy
−$4.6K −$1.65/SF
EGI
$65.7K $23.79/SF
− OpEx
−$19.7K −$7.14/SF
NOI
$46.0K $16.65/SF
Area
Providence County, RI
Vacancy
6.50%
Lease Rate
$25.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$919,100
Cap Rate 7%
$656,500
Cap Rate 9%
$510,611
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 authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
161
Businesses Nearby
Explore this area
Business Placement
Demographics for 02838, RI
3,801
Population
1,546
Households
2.5
Avg Household Size
38
Median Age
49%
College-Educated
91%
High-School Grad
1.4 sq mi
ZIP Area
2,715
Density / Sq Mi
$82,075
Median Household Income
$51,989
Median Earnings
$1,311
Median Rent
$327,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with separate utilities, hardwood flooring, and a gas water heater in Lincoln.
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 property with 2,760 square feet, 4 bedrooms, and 2 bathrooms total; Larger owner's unit features vaulted ceilings; Separate utilities serve the two‑unit layout
