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Updated Three-Family Property
New
For Sale
$599,000

124 Lincoln Street, Woonsocket, RI 02895

Woonsocket, RI

Property Size5,296 SF
Price / SF$113.10
Days on Market2

Property Features for 124 Lincoln Street

General Information

Property type Residential Multi Family
Property subtype Single Family Attached
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 4, Bedroom 1, Bedroom 5, Bedroom 2, Bedroom 6, Bedroom 3
Subdivision Globe District
Standard status Active
Size 5,296 SF

Amenities

central air conditioning
off-street parking
private backyard

Building Details

Year built 1920
Listing Agency: Engel & Volkers Barrington East Bay · Engel & Völkers
Listed By: Kimberly Marion
Added: Sep 9 Changed: Sep 10 Last Checked: Sep 10 at 2:06PM
MLS# 1422736

Copyright © 2026 Engel & Völkers. 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 legal three-family property contains 5,296 square feet and was built in 1920. Recent improvements include new Navien on-demand heating systems serving Units 2 and 3, while Unit 1 has central air conditioning. Units 2 and 3 are vacant following the upgrades, allowing the next owner to establish occupancy or select tenants. The property also includes off-street parking and a private backyard.

The home is located in Woonsocket’s Globe District, with access to local shopping, dining, public transportation, and commuter routes. Its three-unit configuration supports both owner occupancy and multifamily investment, with two units currently available for occupancy.

Key Highlights

  • Legal three‑family property with 5,296 square feet
  • New Navien on‑demand heating systems serving Units 2 and 3
  • Units 2 and 3 are vacant following completed improvements

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Electrical Service Kitchen & Bath Showroom HVAC Service Garden Center Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

742
Businesses Nearby

Demographics for 02895, RI

43,269
Population
19,443
Households
2.2
Avg Household Size
38
Median Age
19%
College-Educated
82%
High-School Grad
7.8 sq mi
ZIP Area
5,547
Density / Sq Mi
$58,579
Median Household Income
$40,929
Median Earnings
$1,116
Median Rent
$267,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Legal triplex with recent heating upgrades, private outdoor space, and two vacant units.
Where is this triplex located?
The property is located at 124 Lincoln Street Woonsocket, RI.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Legal three‑family property with 5,296 square feet; New Navien on‑demand heating systems serving Units 2 and 3; Units 2 and 3 are vacant following completed improvements
More about this property
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